Los Angeles-based Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) revealed that FF Founder and Co-CEO YT Jia and FF Global President Jerry Wang have initiated executive stock purchase plans under SEC's 10b5-1 compliance rules. The plans entail a 90-day cooling-off period, following which stock purchases will be automatically carried out by their broker. Faraday Future is a California company focused on global shared intelligent electric mobility solutions.