• Faraday Future, an electric vehicle startup, has seen its shares skyrocket by over 300% as the company attempts to avoid being delisted from the Nasdaq stock exchange. The company's stock price surged after it announced that it had reached an agreement with its largest shareholder, Evergrande, to settle a long-standing dispute over a $2 billion investment.

• The agreement with Evergrande will allow Faraday Future to regain control of its assets and operations, which were previously held by Evergrande. This is a crucial step for the company as it tries to turn its fortunes around and move forward with the development and production of its electric vehicles.

• Faraday Future has faced significant challenges in recent years, including financial troubles, leadership changes, and production delays. The company's ability to avoid delisting and secure the necessary funding to continue its operations will be crucial in determining its long-term viability as an electric vehicle startup in a highly competitive market.