Next, we have Faraday Future Intelligent Electric Inc. It trades on the NASDAQ under the ticker FFAI and is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Please welcome Global President of Faraday Future, Jerry Wang. Nice to have you on the conference today, Jerry. Yeah, thank you very much, Anna. It's great to be here and looking forward to introduce my company to everyone here. Thanks for everyone's time and attention. The floor is yours. Thank you. Yeah, before the live officially starts, let's just take a look at. Awesome. Yeah, thanks everyone. Glad that we have the opportunity to introduce Faraday Future to everyone. We're a NASDAQ-listed company traded under the ticker of FFAI. What we do is that we're developing the world-leading artificial intelligent electric vehicle. We're based in California. We already launched the first vehicle. The name is FF91, Faraday Future 91. And we're in the process of launching our second vehicle. We call it Faraday X Super One. I'll go through the next slide. Today, I'll give a quick company introduction. We'll talk about a few business highlights. We'll share our understanding of the industry trends for the electric vehicle industry. We'll share a little bit of a differentiator, what makes us different, talk a little bit more about our manufacturing supply chain, our team, and the last part is our financials. Very quick introduction. The company is founded in California in 2014 by our founder, YT Jia, a serious successful entrepreneur and the original founder of the world's best-selling smart TV in the China market. We're a shared intelligent mobility ecosystem company with a vision to disrupt the automotive industry. The headquarters is based in California, Los Angeles. We spent a little bit more than $3.5 billion for the past 10 years. Most of that spend is associated with the research and development to develop the best world-leading electric vehicle product and technology. From a branding perspective, we have two brands. The first is called Faraday Future, or FF. This is on the luxury super high-end electric vehicle brand manufactured in California and are selling primarily in the United States market. We're in the process of launching our second brand, which we call the Faraday X, which is a mid-market mass volume brand similar to Porsche and Volkswagen as a Volkswagen Group strategy. We have more than 660 patents filed globally, having a robust independent validation from Roland Berger, the top automotive industry expert. We have a manufacturer facility in Hanford, California, which is more than 1 million sq ft. We spent something around $300 million into that facility, which I'll cover next. Here are some business highlights. The first is that we believe that we're capturing the industry trend and there's a great opportunity for us to really ramp up from where we are right now, which I will further share. We think our five key differentiators, including the amazing product, the most advanced technology, the very unique brand positioning, the great user collaboration that we have, and a very unique sales and after-sales model that I'll share later. The third highlight, which I think is very interesting, is that we have passed all the safety and regulatory requirements under U.S. law for the automotive, which is one of the toughest requirements among the world, which completes our homologation, fully certified and homologated in the United States. The fourth one, which is also very important, we are made in the U.S. We have a very robust production, and we're in the process of integrating our bridge strategy. The last one, the fifth one, is that we have a proven partner and management team that have been working together for around 10 years. Lastly, our path to profitability is very, very clear. Our efficiency is relatively high compared to other peers, which means that our cost of production and cost of maintenance is very low compared to peers that I will share later. We are ready to scale and have a quick ramp up from where we are as of today. The third thing I would like to share a little bit more is about the industry trend and the brand positioning. As we can see from this pyramid presented by the McKinsey report, first, Faraday is targeting the top end of this pyramid under our first brand, Faraday Future, and the product is FF91. The selling MSRP range will be starting something like $100,000 all the way up to $300,000, which in our view, no one is offering a very competing electric vehicle product under this price range, especially on the intelligent front. Tesla is an amazing company, but Tesla's price range will be something around $40,000-$100,000. If there is like Maybach, Rolls-Royce owner, they want to switch to an intelligent electric vehicle, there is no such product for them to choose. Faraday, we are offering an amazing product under that price segment. That is our first brand, first product. Similar to Tesla's strategy, they launched Roadster, Model S, Model X, and then they are going down to Model 3 and Model Y. For us, we are following the same similar success strategy. We're in the process of launching our second brand, which we'll cover, as we can see here, mostly the market under $80,000, will be ranged from $30,000-$80,000 or $30,000-$90,000, which is more than 97% of vehicles are sold in that segment. In our view, there is just not enough good product. We think the only good product available under that price segment will be Tesla. Other than Tesla, there's not really so much good electric vehicle brand and product for the general consumer to choose. We'd like to be considered as part of that, as part of it, and we're very confident of getting it done in a relatively short time frame. Generally, there are four pain points in our view. First is for the electric vehicle, there's generally limited range, which will cause sometimes range anxiety. Second, in the United States, there's just not enough charging network for people to utilize for the electric vehicle. The third, the cabin for the electric vehicle are relatively straightforward. They're too traditional and relatively too simple. We're going to share what we have done for that aspect. Fourth is that the market, or the pricing for the electric vehicle, is just generally relatively high. Basically, even from Tesla, it starts with $40,000 or $50,000. If you wanted to buy a Rivian or wanted to buy a Lucid, the general MSRP we're considering is something around $60,000 or $70,000 or above. It's not very price friendly. We see there's four blue ocean opportunities in the United States. AI EV market, which is the number two largest automotive market globally, sells the annual sales of the vehicle is 15 million cars. The first one is range extended, completely get rid of the range anxiety by a pure electric vehicle. The second is AI powered cabin experience with enhanced comfort feature, which I will share later. The third one is that lack of inexpensive product, which is something around $40,000, which we're tapping in by our second brand. The fourth one is lack of the first class AI multi-purpose vehicle MPVs, similar to those shining black large SUVs, for example, Cadillac Escalade experience at an affordable price, which we're targeting as the first vehicle under our second brand. A little bit more about our product and pricing strategy. On the left-hand side, as we can see, this is Faraday Future. We're pricing something between $130,000 all the way up to $300,000. On the right-hand side is our second brand, which we have three vehicles in our portfolio so far. We will release our FX Super One, which is a luxury minivan, or we call it MPV, by the end of June. The vehicle will be available to the market by the end of the year. For our second vehicle and the third vehicle, which is FX 5 and FX 6, we want to target the price range of something between $20,000-$30,000 and $30,000-$50,000, which we already have prototypes running in our headquarters. Talk a little bit more about the product specs. As you can see, this is our FF91 that is currently in sales right now. The length of the vehicle is slightly larger, longer than a Rolls-Royce or than a Maybach. It's a very powerful car 0mph- 60mph is only 2.27 seconds. The peak horsepower is 1,050 horsepower. We're using a 100 kilowatt plus battery pack so that the range of the vehicle is almost 400 miles per charge. We are using a very unique three-motor tri-motor powertrain system, which gives you the amazing product performance. On the user experience side, it's very unique as well. We have a zero gravity seat, which will offer you a very premium seating experience. We have a 27-inch foldable screen on the back seat of the vehicle. On that screen, you can watch live sports games, for example, NBA, golf, NFL, whatever sports fan you are. You're able to do the live Zoom chat or live conference exactly like what I'm doing right now. You can enjoy talking to ChatGPT. You can watch your favorite Netflix shows. Basically, you do whatever that you want. We want to offer a similar third internet living space experience, which is powered by our own technology from a software and from hardware perspective. The software, we're built our operating system based on Android, but we heavily tailor-made to fit our product and our user experience need. On the hardware side, we're using the latest chips from Qualcomm, like two 8155 p chips. We're using NVIDIA Orin to power our autonomous driving or ADAS capability. We have 3G 5-motor connectivity, basically providing you a very stable and very fast upload and download internet connectivity capabilities. Here are some further product specs. I will not go through into much detail. This is our back seat experience. As you can see, there's a 27-foldable inch screen. You basically can do whatever that you want, similar to your living room or your office experience. It's powered by Android. This is FF Generative AI. Basically, you can—we're the first car to run Zoom. We're the first car to run ChatGPT. Basically, you can chat with the car. For example, the car will know your calendar. The car will know where you're heading to. You can talk to the car, "Hey, find me a coffee place, nice coffee place for start and above during my trip." The car will give you a few choices. You can pick and choose. The car will navigate to that coffee place per your request. This is some comparison to the similar product. I will not go through in detail. As we can see, not only on the vehicle performance, for example, size, speed, range, or on the connectivity, the smart intelligent functionality experience, we are all the way top compared to other similar competitive vehicles. This is on the electric vehicle side. We're basically same on the performance and on the connectivity compared to other products. That's about it on our first brand, FF91 or Faraday Future. A little bit more of our second brand. This is a prototype teaser shot for our second brand vehicle, FX 6. We want to launch an SUV, like a compact or like standard size of SUV, and directly get into the main mass volume market. This is a little bit on the roadmap on our second brand. We're in the end of May now. We already received more than 1,300 paid reservations, showing a very strong market demand of our product without even final launch of the product yet. We plan to officially launch our product by the end of June next month. We plan to have the vehicle ready to deliver first in the U.A.E., in the Middle East, in Q3 2025. By the end of the year, we plan to have the first vehicle roll off the production line in the United States. This is the top celebrity or vehicle owners of FF91, as we might be familiar with some faces in here. We have Chris Brown, the top R&B singer. We have Jason Oppenheim, the best of the producer and the lead actor under the best Netflix series, Selling Sunset. We have Justin Bell, the world champion race car driver. We have Kelvin Sherman. We have our founder. We have Sean Lee, all the top celebrities, not only be the owner, but they're also the co-creator of the vehicle. For example, they will experience, they will drive it, they will provide feedback. We are co-creating this unique product and make it better on a daily basis. A little bit highlight on our manufacturing facility. Basically, we spend more than $300 million. We outsource the stamping, but all the tooling, all the machines are belong to us. We have in-house body shop. We have our in-house paint shop. We have our in-house final assembly line, all in production in Hanford, California. I have a quick video. If you can help me to share, please. Thank you. OK, a little bit more on the management team. As we can see in here, we have a very robust, strong management team. Most of our colleagues in here have been working together for five years and plus. We have our founder, YT Jia, who is also the co-CEO, has been in the technology industry for 30 years. We have our global CEO, Matthias Aydt, who has been in the automotive industry for 40 years, worked previously for Porsche or for Magna. The CFO, which is my dear colleague and friend, Koti, he has been working in Ford Finance, FP&A, for more than 20 years. Myself is mainly focused on capital markets. I've been working for the company for 10 years from the very beginning, raised company for more than $3 billion, and bring company to public in 2021. Here are some highlights on the financials. First, we're running our company very, very efficiently. As you can see, just compared to the previous 12 months cash burn compared to other companies in this segment, some of them have not existed anymore as of now. As you can see, we're running a super lean. The operation cost is very, very low. It's a very high efficiency. We are continuing the product delivery stage. The last slide on the financial side is that basically our EV to sales multiple is ranking really, really low, one of the lowest, or the lowest among the industry peers, which will give a significant potential upside opportunity for investors and shareholders. This is the last slide. We'd like to talk a little bit more on the capital markets performance. We're one of the top meme shares and have lots of focus and attention among global retail shareholders, which we are truly appreciative of it. For example, last year, in two trading, in two weeks or so, the stock was up 100 times from $1.50 all the way up to $156 per share with a peak trading volume of $3 billion in a single trading day. Earlier this year, when the company is sharing that we're going to launch a little bit more on the second product strategy in the Vegas CES, during Vegas CES time frame, the stock traded very actively as well. Within a week, the stock was up almost four times with a heavy trading volume as well. The stock performances have lots of potentials. We truly appreciate all the support that we're getting, mainly from the retail shareholder base. That's about it for my presentation. Here are some three pictures, two pictures actually, I'd like to share. Back to you, Anna. Thank you. Wonderful. Thank you so much, Jerry. OK, let's jump into some questions. What FX products do you expect heading into 2026? If you can provide a little bit of color on the upcoming vehicle launches. Yes, of course. Yeah, the first vehicle that we're in the production of, FF91, we've already delivered 19 of the vehicle. We're in the process of delivering the next. Besides that, we are planning to launch our first product under our second brand. We call it Faraday X, FX Super One. This is a fully electric MPV, multi-purpose vehicle, offer the vehicle owners similar experience, similar to Cadillac Escalade, the premium SUV. We plan to officially launch the product in June next month, by the end of June, and then officially start delivery first in U.A.E., in Q3, and in the United States by the end of the year. That's what we're planning. Yeah. Tell us a little bit about the 1,300 pre-existing FX vehicle orders. Yeah, thank you. We're truly appreciative of there are two parties submitting that order, which we've publicly announced before. Even without, we have officially launched the product and really show how strong the market would love to have access to products similar to our Super One. The first one is that from a dealership in New York, actually. The name is called JC Auto. They submit 100 orders, paid reservation, non-refundable, $100 per each order. Their vision is to build a fleet in New York City. They love the product. They love the vehicle. I'm a good friend of the owner, Michael Wang. He came to our headquarters, experienced the vehicle, not only sit inside the vehicle, but also driving it, was like pretty astonished by the vehicle performance and the experience. Want to set up an up to 300 vehicle fleet in New York City to offer the best premium transportation service. Beside that, he wants to help us to sell delivery of 700 or even more vehicles in the New York area, which he feels very confident of doing so, given how unique the vehicle product and experience are. The second company who submits 300 order, which is also a good friend, his name is Hunter. The company's name is Sky Horse. They are the lead vehicle fleet manager in Irvine Airport. Similar story, they experience the vehicle. They really love the product. They want to build this vehicle into their vehicle fleet team, which they already have more than 100 vehicles so far. Also, they want to give us some more recommendations on some more B2B sales because he thinks the vehicle is truly, truly unique and can offer significant advantages to whoever is either owning the fleet or owning the vehicle or utilizing it to run a unique transportation experience. Perfect. Talk about tariffs. We have to mention it. Will this be a limitation? Are you going to use this as an advantage? That is a very good question. We think this is a significant advantage to us for the following reasons. First, talking a little bit more on the China-U.S. tariff. We are partnering with the top China OEMs to deliver the car, to launch the car in the United States market. A very obvious question is why they cannot do it by themselves. They cannot for the following reasons. The first reason is the tariff. For the complete vehicle, they need to pay more than 100% tariff, even 200%, assuming all this receptacle tariff situation, which completely destroys their business case. It's no longer feasible for them to do it by themselves. What's the solution? We are a U.S. manufacturing. They can sell those vehicles in parts to us. I do the final assembly in my manufacturer facility in Hanford, California. By them purchasing parts from them, I'm only paying parts duty instead of the complete vehicle duty. I will put my own design. I will put my own part of the manufacturing process, part of the parts I will be purchasing from onshore United States, which I need to pay no tariff, and put my operation system and my brand to that product and having it quickly launched to market. For the parts duty right now, it is something prior to this receptacle tariff, it's 25%. Right now, it's something around 40%-50%. Don't forget, this is the second part. Don't forget the other OEMs. There's approximately half of the vehicles sold in the U.S. market that are imported from non-U.S. countries. Whoever brings a car here, as long as it's not manufactured in the U.S., they need to pay at least 25% tax, if not more. Basically, previously, people needed to pay zero tax when they imported the vehicle to the United States. We needed to pay 25% tax. Now people are paying 25%, and we're paying 45%-50% tax. Basically, the gap between those price ranges is kind of the same, which offers a great significant market entrance opportunity for us. Based on our experience, we source FF91, more than 50% parts are sourced in the United States. We love the United States. We want to manufacture as many vehicles as possible in here. Unfortunately, the piece cost and as well as the overall engineering cost are at least doubled, if not tripled, compared to the similar quality and similar specs that we can source in China, which is like the great supply chain advantage that we would like to fully utilize as much as possible. Again, the goal is to introduce the best performing, very affordable electric vehicle product to the U.S. market and giving U.S. consumers another choice, which I think that we have a very good chance to deliver by the end of the year. Absolutely. All right, thank you. Talk about your investor relations strategies for the year. How do you plan to enhance communication with the capital markets? Yeah, thank you, Anna. That's a great question as well. Yeah, we truly appreciate all the support and contributions and attention that we're getting from capital markets. As I shared, we're very, very retail heavy. We truly appreciate that. We want to do more communication. We want to provide more transparency. We want to be more active. We want to share more company story and the latest development to everyone. That's one of the main reasons we joined your forum, which is a great opportunity for us to talk a little bit more to a broader audience. Beside that, we're sharing company weekly investor letters from our co-CEO, sharing what we have done, what's the plan to move forward. Also, we're building a more robust IR network. We are hosting an Annual Shareholder Day Event in our Los Angeles headquarters on May 31. For any of you who would like to participate, as long as you own one share, we welcome you to submit your RSVP to events@ff.com. We will be glad to host you in our headquarters in Los Angeles. Not only will you see us in person, but also, more importantly, you will experience both FF and FX products. You can basically tell if you like the car or not and what kind of advice you have for us. We will be very much looking forward to it. Perfect. That is a great way to end this presentation, inviting some shareholders to this event so they can test it out themselves. Exciting times in this industry. Thank you so much, Jerry, for joining us on the conference. Yeah, thank you so much, Anna. Appreciate it. All right, hope to see you again soon. OK, everyone, stay with us. We'll be right back. Next, we have Vizsla Royalties Corp. It trades on the OTCQB under the ticker VROYF. It's a precious metals-focused royalty company. Their principal asset is a net smelter royalty on Vizsla Silver Corp flagship, Panuco Project located in Mexico. Happy to welcome President and CEO Mike Pettingell. Welcome to the conference today, Mike. Thank you. And thanks for having us. We're excited to be here. All right, the floor is yours.