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Faraday Future Denies Headquarters Closure, Clarifies Normal Relocation to El Segundo on July 3

GateNews
Stocks

According to an official statement on July 3, Faraday Future (NASDAQ: FFAI) denied circulating rumors of its Los Angeles headquarters being abandoned, clarifying that the company relocated its global headquarters to El Segundo from its previous base in Gardena, which ceased operations in March 2026. The viral video referenced in the rumors was filmed at the Gardena site no longer in use by the company. Faraday Future's Hanford manufacturing facility remains operational.

The company stated that the relocation represents normal office operations changes and rejected characterizations of the move as misleading.

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