Ultimate return of the FF founding team: Jia Yueting appointed as Global CEO, Jerry Wang as Global Executive Chairman; FF to upgrade into a Physical AI company, with five major updated initiatives to be unveiled next week, marking the beginning of a new growth phase to maximize value for shareholders and investors

The board appointed founder Jia Yueting as FF's Global CEO and Jerry Wang as FF's Global Executive Chairman; Matthias Aydt has resigned from his position as Global Co-CEO, and independent director Chad Chen has been appointed as the lead independent director

This personnel reshuffle represents the most significant organizational and governance transformation in FF's history, marking the dual and ultimate return of the founding team and its entrepreneurial spirit to both the board and core management. It is a key step in deepening the implementation of the dual-engine strategy of EAI Robotics + EAI EV, aimed at creating long-term value for shareholders while reinforcing the corporate value of prioritizing the maximization of shareholder and investor value

The appointment of core founding member Jerry Wang as FF's Global Executive Chairman will further strengthen the company’s closed-loop management from financing to operational results, with business quality and financial performance as the core metrics, improving the efficiency and effectiveness of resource allocation and accelerating strategic execution

Next week, the company will fully announce five new transformative initiatives after their iteration. With the ultimate return of the founding team as a new starting point, the company aims to quickly cross operational inflection points, unlock FF's true value, and restore trust and confidence in the capital markets, heralding the takeoff of the next phase

Beijing Time, May 11, 2026 (May 10, 2026, in California, USA) — Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI, hereinafter referred to as 'Faraday Future,' 'FF,' or 'the company'), a global EAI ecosystem company headquartered in California, USA, announced today a series of personnel changes: the company's board of directors has appointed Mr. Jia Yueting as the global CEO of FF and Jerry Wang as the global executive chairman; accepted Matthias Aydt’s resignation from the position of global Co-CEO and appointed independent director Chad Chen as the lead independent director. Matthias Aydt will temporarily continue to serve the company in an internal advisory role, with specific new responsibilities under discussion with the company’s management. The company expresses heartfelt gratitude to Matthias for his many years of dedication to FF. The above appointments and adjustments took effect on May 5, 2026.

Global CEO Jia Yueting will oversee business divisions including product, EAI R&D, supply chain, manufacturing, quality, UES, and VLE, and jointly manage strategy, capital markets and investor relations, human resources, operations, AI IT, subsidiaries, and regional companies with Jerry Wang. Jerry Wang will directly oversee the company’s finance, legal, government affairs & strategic partnerships, and risk control departments.

“I am grateful for the trust placed in me by the company and the board,” said Jia Yueting, founder and global CEO of FF. “FF will officially upgrade to become a US physical AI ecosystem company, focusing on two key product engines within its embodied intelligence robotics business: EAI humanoid and bionic robots, and EAI automotive robots. By building a ‘three-in-one’ ecosystem comprising ‘terminals - data - brain and open-source platforms,’ we aim to create a self-reinforcing flywheel effect of ‘terminal scaling and delivery - data collection and training - continuous evolution of the EAI brain - enhanced product capabilities - larger-scale deliveries’ to maximize commercial value.”

Jia Yueting Appointed Global CEO: From '100-Day Revitalization' to Ultimate Return, Founder Leads New Growth Phase

Looking back over the past year, since Jia Yueting assumed the role of Co-CEO in April 2025, he has introduced a set of ten transformative initiatives, leading the company to achieve multi-dimensional breakthroughs in strategy, EAI product technology, operations, finance, capital, government cooperation, and corporate compliance, resulting in a qualitative leap in the company’s operational fundamentals.

Most notably, the introduction of the dual-engine strategy for 'EAI Robotics + EAI EV' with a clear roadmap for execution. As the priority business in the first phase, EAI Robotics has shipped 68 units and achieved positive gross margins per unit, transforming its early-mover advantage into sustained success. Additionally, after more than four years, the SEC investigation concluded without penalties, removing historical constraints that had weighed on the company’s development and allowing both the company and its founder to start anew.

Based on these significant achievements, the board highly recognized Jia Yueting’s strategic vision, leadership, execution capabilities, and the unique value he created, deciding to appoint him as the global CEO, marking the ultimate return of the founder-led model and spirit.

At present, FF is at a critical juncture. On one hand, the 'three-in-one' EAI robotics strategy and its phased results have gained recognition from both the capital and education markets, with terminal deliveries entering a crucial ramp-up phase of 'scaling from 1 to N.' On the other hand, FFAI is in the midst of a 180-day compliance defense battle, urgently needing to rebuild market confidence. Jia Yueting’s appointment as CEO at this time holds multiple profound implications:

Governance Level: By optimizing the governance system, shortening the decision-making chain for major issues, and enhancing responsiveness and execution capabilities.

At the organizational level: The founder's return to position is the most powerful spiritual mobilization for all employees. The entrepreneurial culture of relentless execution advocated by Jia Yueting, as well as the unbroken 53 issues of investor weekly reports showcasing the spirit of 'keeping promises,' are the core spiritual pillars that keep Faraday Future aggressive and united.

Business level: As the creator and core driving force behind the EAI dual-engine strategy, Jia Yueting can make the most decisive decisions with minimal internal friction. Coupled with his cross-disciplinary expertise spanning intelligent vehicles and AI, as well as over a decade of hands-on experience in the U.S. market, direct leadership and business advancement by him will maximize strategic transmission efficiency, leveraging the founder’s unique determination and boldness to accelerate the transformation of first-mover advantages into insurmountable competitive barriers.

the capital level: As the earliest investors in the company, the founding team has a natural deep alignment with shareholder interests, which helps attract strategic and long-term investors, unlocking the true value of the company.

Jerry Wang assumes the role of Global Executive Chairman to enhance corporate governance structure and strengthen closed-loop management

As a core founding member of the company, Jerry Wang has been deeply involved in the core operations and capital affairs over the long term, playing a pivotal role in critical financing rounds, compliance efforts, strategic partnerships, and resource integration.

This appointment further strengthens the company’s closed-loop management from financing to operational results, along with an operating philosophy centered around quality and financial performance as the core metrics; it better enhances the efficiency and effectiveness of resource allocation, achieving maximum value with limited resources; through clearer performance targets, risk boundaries, and value creation pathways, it continuously boosts investor confidence and attracts long-term capital.

EAI robotics business accelerates forward; five major upgraded transformative initiatives to be announced next week

As of April 30, Faraday Future has shipped 68 EAI robots with positive gross margins, and May will continue to accelerate production towards the goal of shipping 200 units during the first delivery quarter. The company expects cumulative shipments to exceed 1,000 units within 2026, striving to convert its first-mover advantage as the first U.S. company delivering humanoid and bionic robots and fully expanding into the education sector into sustained success.

Next week, the new management will officially unveil the upgraded iteration of the original 'ten transformative measures.' This will serve as a strategic re-launch declaration for the next phase at this historic juncture where the founding team is taking full control, the dual-engine strategy is being deepened, and the robotics business enters a critical growth phase. With the founder’s return marking a new starting point, the dual-engine strategy as the main axis, and 'shareholders and investors first' as the primary principle, the company aims to quickly cross the operational inflection point, rebuild capital market confidence, unlock true value, and ensure that all loyal shareholders, investors, and users receive the returns and value they deserve.

$Faraday Future Intelligent Electric Inc. (FFAI.US)$

98K Views