{
  "docId": "019dd923-622c-750b-8b9a-a9cb23e434c6",
  "docSlug": "85539af44f20",
  "documentTitle": "Faraday Future Intelligent Electric Inc. (FFAI)",
  "authorId": "60_Wolfpack_Research",
  "authorName": "Wolfpack Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-09-11 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 14,
  "pageCount": 37,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "overcrowded",
  "nDataPoints": 2,
  "notes": "The text serves as a character and conduct critique of the subject (YT), using anecdotal evidence from former employees to establish a pattern of behavior.",
  "elementsJson": [
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-a9cb23e434c6/14",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6#slide-14",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We have found a mountain of evidence that puts to bed any notion that YT was an innocent bystander as his company incinerated $4.4 billion to deliver just 17 cars.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-70f9-71ae-a674-7ef4c36a6c5e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.78,
        "x": 0.11,
        "y": 0.63
      },
      "kind": "paragraph",
      "text": "Another former employee told us YT and his mafia would drink “$800, $1500 bottles, and they would say that they were doing it to entertain potential investors, and we would say ‘which investors,’ and they wouldn’t share information.”",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "02ea7c04-f0fd-4993-86ec-b0edd8adb0b4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.78,
        "x": 0.11,
        "y": 0.35
      },
      "kind": "paragraph",
      "text": "Multiple former employees confirmed that YT and his friends at the company would meet at one of his homes in Ranchos Palos Verdes, [a wealthy beachside suburb of LA] and one told us that YT and his group of trusted associates would “drink very expensive alcohol and then they send the bill to us.” This was at a time when the SEC was investigating FFAI for related party transactions and allegations that YT was not telling the truth about his role at the company.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "43b55b8c-5970-4b7e-94b9-092c4f26b750",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.78,
        "x": 0.11,
        "y": 0.46
      },
      "kind": "paragraph",
      "text": "These homes were apparently not owned directly by YT according to another former employee, instead they were owned by the “butlers and the maids” to avoid having them seized by YT’s creditors as part of his bankruptcy:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5575fa3d-7c10-4f03-91ca-ea0168b58c54",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.78,
        "x": 0.11,
        "y": 0.21
      },
      "kind": "paragraph",
      "text": "We spoke with a former employee who joined FFAI in 2022 and they stated that when they were there, YT controlled the company “100%”. We find it ridiculous that when YT was redeclared a Co-CEO in April 2025, he gave an impassioned speech like he was the returning Steve Jobs because it appears he was running FFAI into the ground the whole time.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "76113b63-6ac5-47df-ae2b-4426e3c695a5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.78,
        "x": 0.11,
        "y": 0.69
      },
      "kind": "paragraph",
      "text": "We have found a mountain of evidence that puts to bed any notion that YT was an innocent bystander as his company incinerated $4.4 billion to deliver just 17 cars. Instead, it seems he was the author of every misstep.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a167fab1-89cf-49e6-b948-53ee09c533bf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.78,
        "x": 0.11,
        "y": 0.3
      },
      "kind": "paragraph",
      "text": "YT apparently makes it very clear that he is in charge. According to a former employee, he has a special, extra-large chair he sits in at meetings, and always is the first to offer a toast.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4339f12-b21f-496d-89c7-e63aebacd794",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.78,
        "x": 0.11,
        "y": 0.16
      },
      "kind": "paragraph",
      "text": "By October 2022, Ms. Swenson and both Scott and Jordan Vogel had resigned due in part to death threats they had received.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f8c54482-6d6e-4c25-bc26-eea60d319eff",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.78,
        "x": 0.11,
        "y": 0.09
      },
      "kind": "paragraph",
      "text": "Apparently, YT controlled FFAI through a “shadow organization” of trusted associates away from the office in secret meetings where Western members of the company were excluded and no minutes or records are kept.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fc2ec341-8e8f-4353-bc20-9fe11f8450c7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.72,
        "x": 0.17,
        "y": 0.52
      },
      "kind": "quote",
      "text": "When I first got there, I was sitting there and everyone was there, and I asked one of the German people. I was like “man [YT] owns all these homes.” He’s like “No. He doesn’t”. He gave me a little smile. He goes, “the cooks and the maids own them, otherwise they would have been taken away a long time ago.”",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b42bbf2b-5b41-4a3b-b554-7ba04a5600ce",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "When I first got there, I was sitting there and everyone was there, and I asked one of the German people. I was like “man [YT] owns all these homes.” He’s like “No. He doesn’t”. He gave me a little smile. He goes, “the cooks and the maids own them, otherwise they would have been taken away a long time ago.” — Former Employee",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-70f9-71ae-a674-804a5ca1dc4b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 15,
      "from": 6,
      "beatId": "74767402-6da6-4a1a-864e-0500a59d7c93",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "The document presents evidence of FFAI's alleged deception and YT Jia's involvement.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 19,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "8e901bca-407b-4147-8e46-fb4c05a75817",
      "evidence": "The document implies that investors and others may be harmed if they do not take action.",
      "position": 1,
      "objective": "Highlight the consequences of not acting against FFAI's alleged wrongdoings",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}