Faraday Future is shifting from its struggling luxury electric-vehicle business to AI-powered humanoid robots after its shares lost more than 99% from their 2021 peak. The company sold only 16 FF 91 vehicles from 2023 to 2025, and its shares were trading below $2 on Wednesday after a July reverse stock split (share consolidation to raise the price per share) aimed at avoiding Nasdaq delisting. Faraday Future reported a $39 million net loss in its second-quarter earnings announced last month. It says robots assembled at its 1.1 million-square-foot factory in Hanford, California, will serve education, housework, warehouses, industrial operations, customer service and other uses. The company has five robots for sale, including the $89,900 All-New Futurist, the $37,990 Master and the $1,990 FX Navi, and says it has sold around 400 units while targeting 2,000 deliveries this year. Faraday Future plans to import parts from China while accelerating its Built in USA and Assembled in USA programs after the Trump administration banned Chinese imports of power inverters and new humanoid and four-legged robots last month. Analysts remain skeptical about demand and the practical usefulness of the machines, while co-chief executive of robotics Chris Chen says they are intended to supplement human workers rather than replace them.