{
  "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": 15,
  "pageCount": 37,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide uses a narrative structure to expose a contradiction between public claims and private financial control.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-a9cb23e434c6/15",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We Believe YT Lied When He Told the Bankruptcy Court He Had No Remaining Interest in the Entities Holding the Lucid Shares (They Were Controlled by Close Associates)",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-70f9-71ae-a674-4e782177689b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.78,
        "x": 0.11,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "We believe YT at one point had over 40% ownership interest in Lucid... His ownership comes from his participation in a Series C round of financing, in which “YT provided $67 million and had received 10,904,079 shares”...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1429359b-44ae-48ca-9983-18b12af633a6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.78,
        "x": 0.11,
        "y": 0.71
      },
      "kind": "paragraph",
      "text": "YT's shares of Lucid were primarily held in two entities, LeSoar and Blitz. During the bankruptcy proceedings, YT claimed that he had “no direct or indirect ownership interest” in either of these companies.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e19abfa-3b70-4be9-b23f-8608dad1c9c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.78,
        "x": 0.11,
        "y": 0.82
      },
      "kind": "paragraph",
      "text": "Additionally, the nominee director and controller of Blitz at the time of the name change was Mr. Yi Hao, a close associate and friend of YT at the time...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c70620c1-d9c9-44d8-8222-837e380d99d2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "YT claimed that he had “no direct or indirect ownership interest” in either of these companies. — Bankruptcy proceedings",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-70f9-71ae-a674-52a7a5bea541",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.78,
        "x": 0.11,
        "y": 0.62
      },
      "kind": "title",
      "text": "We Believe YT Lied When He Told the Bankruptcy Court He Had No Remaining Interest in the Entities Holding the Lucid Shares (They Were Controlled by Close Associates)",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c1b4f59a-5f25-4de6-a011-3687c7900d6b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.78,
        "x": 0.11,
        "y": 0.12
      },
      "kind": "title",
      "text": "YT's Hidden Assets. Our Research Shows YT Discreetly Owned Over 40% of Lucid's Stock.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bc49bbe-6dd4-4411-889a-352de94ac034",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.78,
        "x": 0.11,
        "y": 0.78
      },
      "kind": "title",
      "text": "YT's Control of Blitz Through a Close Associate, Mr. Yi Hao.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "843fe391-fe49-4d33-9bc2-0238329ab913",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "451e0d1d-f77d-4834-9558-2ecc7435ef60",
      "evidence": "The slide explicitly documents a contradiction between court testimony and financial ownership records.",
      "confidence": 1
    }
  ],
  "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
}