The troubled EV maker says $70M in convertible notes will fund its AI robotics strategy. Its stock trades below $1 and Nasdaq has warned of delisting.

The troubled EV maker says $70M in convertible notes will fund its AI robotics strategy. Its stock trades below $1 and Nasdaq has warned of delisting.

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Announces the Company’s Comprehensive Transformation Across Five Areas: Strategy; Product, Technology…