Jia Yueting is basically unlikely to return to China…. After 12 years in building cars, he obtained about $450 million in financing (23 billion RMB), with extremely limited mass production, and later he also ended up working alongside humanoid robots….

At present, Jia Yueting has received a new round of financing of $45 million from investors, and the funds have already been credited in full. Some analyses believe that this dollar amount is debt financing, and the investors cannot convert it into shares within 6 months. In reality, Jia Yueting is also “betting on expectations.” New energy vehicles and AI robots are both cutting-edge tracks; plus Jia Yueting keeps throwing out all kinds of buzzwords—from “ecological reinvention” to “embodied intelligence”—the core path is to seize the opportunity to raise funds, rather than first solving the mass-production problem.
Jia Yueting’s personal cumulative amount of enforcement is about 2.267 billion RMB. Even though the money he has is temporarily usable, if he encounters another kind of “what if,” all debts will be repaid with the FF he holds, and that is why Jia Yueting has turned all his creditors into FF shareholders, binding them together. $ETH
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