Faraday Future Announces FX’s First Class AI-MPV Product Strategy and Planned Product—FX Super One, Giving FX Business Strategy Updates From Las Vegas

LAS VEGAS--(BUSINESS WIRE)--Jan 8, 2025--

Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced updated developments via a video presentation for its Faraday X (FX), brand including new product details that have developed since the FX brand launch on September 19, 2024. An all-new logo, which will represent the FX brand moving forward, was also revealed. FX, heralding a new chapter in the Company's growth strategy, will target the mass market segment with three planned models: an AI-MPV product—named the Super One, and the previously announced FX 5, with a price target between $20,000-$30,000, and the FX 6, with a price target between $30,000-$50,000. FX models could potentially offer two types of powertrains: range-extended AIEV and battery-electric AIEV, with a targeted initial roll off the line for at least one model by the end of 2025, subject to securing necessary funding and agreements.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250108887083/en/

The FX brand update video can be viewed here:https://www.youtube.com/watch?v=1siLodPBA7g

FX Strategy to Seize “Four Blue Ocean Markets” Opportunities in the U.S. AIEV Market

The FX brand ushers a new chapter for the Company by aiming to fill the huge gaps in the U.S. AIEV market. With an asset-light operational model, FX could achieve its goals in a relatively short time frame and relatively low development cost by bringing in a series of well-established products and have a robust U.S. manufacturing capability, targeting a price range that many EV manufacturers do not cover in the U.S. market, which has several millions of vehicles sold per year. The Company believes there are significant gaps in the U.S. AIEV market that AI-MPVs and the FX 5 and FX 6 can fill.

Together, the FF and FX brands could create synergies by mutual empowerment, driving greater impact in the marketplace. Since the Company launched the FX strategy on September 19 last year, the overall FX strategy has become better understood by FF’s potential partners, investors and the industry. Ultimately, the FX strategy is to promptly seize the four historic blue ocean opportunities in the U.S. with potential partners.

The four blue ocean markets identified by FX are:

For these blue ocean markets, there are great opportunities for FX. FX intends to leverage its product and technical expertise on AI, Software and Internet Applications, especially with the product excellence of 3rd aiSpace and FF aiDriving of the FF 91. FX will seek to collaborate with OEM and supplier partners on mechanical expertise and global supply chain with high quality and lower cost. FF’s existing knowledge and practice on the U.S. supply chain base, regulatory and certification, production at its Hanford ieFactory, and innovative sales and aftersales capabilities will be key elements for execution success.

FX Super One: The first-ever First Class AI-MPV in the U.S., targeted to be a top mobility choice for visionaries and their families and fill a market gap

FX has made incredible strides in recent months. Beyond the two initial prototype development mules arriving, the Company has also secured $60 million through two rounds of financing commitments since September 2024, helping support the execution of the FX strategy. Now, the Company officially introduces FX’s first planned AI-MPV product—the FX Super One.

With a slogan of “AI First Class for the Visionary and Family”, the FX Super One stands for First Class, Super AI, and Super Ability for Visionaries and Family. This vehicle not only defines a new market category—the First Class AI-MPV—but also fills a structural gap in the U.S. market, transforming mobility demands and experiences. This would be the first-ever First Class AI-MPV in the U.S.

This groundbreaking vehicle will meet the dynamic and diverse needs of visionaries and their families, combining versatility with unparalleled experience. It is set to break and bridge the boundaries of mobility experience, bringing users an unprecedented first-class AI mobility journey.

FX Super One is designed to cater to both leaders and visionary groups, represented by celebrities, stars, and high-profile business professionals across various industries, also as a top mobility choice for their families. It merges personal use and family needs. The FX Super One stands out for its unique ability to seamlessly integrate these diverse mobility and lifestyle needs, redefining mobility by delivering unparalleled First Class AI-MPV experience with versatile applications.

The FX Super One would bring exceptional product power and an extreme price-performance ratio, targeting the untapped First Class AI-MPV market in the U.S. This unique combination positions the FX Super One to have a commanding presence both within its own market segment and across categories. By providing users with a private and exclusive First Class AI-MPV that delivers “Twice the Performance at Half the Price,” the FX Super One redefines personalized luxury and could become a breakout success in the U.S. auto market.

For the U.S. AIEV industry, FX Super One creates an entirely new category with unparalleled user value, filling structural market gaps. By boosting the entire industrial and value chain, it aims to act as a catalyst for the U.S. AIEV sector.

Targeting to share more progress of FX 6 in March and roll off the first vehicle in 2025

The FX Series 5 and Series 6 products are also planned. The FX 5, a large-space sporty AIEV with an expected price range between $20,000 and $30,000, targeting the mainstream market. And the FX 6, an extra-large luxury AIEV with an expected price range between $30,000 and $50,000, targeting families. The Company also showed a teaser shot of the FX 6 prototype, with more progress to be shared in March. The FX 5 and FX 6 models could offer two types of powertrains: range-extended AIEV and battery-electric AIEV.

Subject to securing necessary funding and necessary agreements with potential partners, FX is targeting the end of 2025 for the first vehicle to roll off the line. Together with potential partners, the Company will work tirelessly to achieve this goal.

FX intends to introduce an innovative approach with light assets, light marketing, light sales and co-creation. This includes building a fully online direct sales ecosystem that includes user acquisition and user management.

The Company welcomed the first two FX prototype mules to its Los Angeles headquarters, which were then sent to Las Vegas to support the Company’s FX update that ran in parallel with the Consumer Electronics Show (CES). The next steps for FX includes a pilot build at the Hanford facility to allow more test and development work to occur, upgrading the Hanford plant to accommodate FX series production, and conducting early certification and regulatory-related tests, as well as preparation for road tests for durability, and ride and handling purposes. Sourcing and supplier confirmation are planned as well.

FX Super One is gearing up for comprehensive testing and modified part development. Invitations will soon be extended to Visionary and Family Co-Creation Officers to join the journey. In this second quarter of 2025, the Company expects to host the product launch and share more details.

“2025 will be a year for working hard, working smart with laser focus and ultimately prosperity for FX and FF. FF has made it so far, with the never give up and fighting spirit, as well as the great progress of FX so far, we believe 2025 will be the starting point for FF’s 2nd curve,” said Xiao (Max) Ma, Global CEO of Faraday X. “We also expect to make tangible progress on FX product development, testing and validation, supply chain enhancement and manufacturing preparedness towards securing the first FX vehicle pre-production model off the line by the end of this year.”

FX Logo:A Design that Blends Inheritance and Innovation

Last October, FF kicked off a nearly month-long global design contest for the FX logo, receiving 532 submissions from 129 “Futurist fans.” Today we announced a new symbol, resembling the mathematical infinity sign, and presented in a horizontal “8” shape, as the brand logo for FX.

This design takes the two lines from the FF apex positioning, shifts them downward, and recombines them to form a horizontal figure eight—reminiscent of a Möbius strip and the infinity symbol in mathematics. Combined with the formula Y=f(x), it conveys how FF and FX empower each other, driving the result Y toward infinity. The new logo represents FF’s empowerment of FX while distinguishing it from FF—indicating FX’s focus on the broader mass market. The two blocks forming the logo also represent how FX collaborates with a range of partners to achieve shared success.

The first-place winner in the design contest will receive an FX co-creation contract valued at $30,000. Fifteen additional winners will receive an FX brand merchandise package. Furthermore, all U.S. participants who successfully submitted a qualified design will receive a $100 voucher that can be used toward reserving an FX vehicle.

ABOUT FARADAY FUTURE

Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding a second brand (FX) and the Global Automotive Industry Bridge Strategy, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s Global Automotive Industry Bridge Strategy, which is subject to numerous risks and uncertainties; the Company's ability to secure necessary agreements to produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate any FX vehicle for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors, and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC.

Teaser shot of the FX 6 prototype (Photo: Business Wire)

FX Super One prototype mules (Photo: Business Wire)

LOS ANGELES (AP) — Firefighters battled early Thursday to control a series of major fires in the Los Angeles area that have killed five people, ravaged communities from the Pacific Coast to Pasadena and sent thousands of people frantically fleeing their homes.

Ferocious winds that drove the flames and led to chaotic evacuations have calmed somewhat and were not expected to be as powerful during the day. That could provide an opportunity for firefighters to make progress reining in blazes that have hopscotched across the sprawling region, including massive ones in Pacific Palisades and Altadena.

The latest flames broke out Wednesday evening in the Hollywood Hills, striking closer to the heart of the city and the roots of its entertainment industry and putting densely populated neighborhoods on edge during exceptionally windy and dry conditions. But only about a mile away, the streets around the Hollywood Walk of Fame, the TCL Chinese Theatre and Madame Tussauds were bustling, and onlookers used their phones to record video of the blazing hills.

Within a few hours, firefighters had made major progress on the Sunset Fire in the hills. Los Angeles Fire Department Capt. Erik Scott said they were able to keep the fire in check because “we hit it hard and fast and mother nature was a little nicer to us today than she was yesterday.”

A day earlier, hurricane-force winds blew embers through the air, igniting block after block in the coastal neighborhood of Pacific Palisades as well as in Altadena, a community near Pasadena that is about 25 miles (40 kilometers) east. Aircraft had to be grounded for a time because of the winds, hampering firefighting efforts.

Nearly 2,000 homes, businesses and other structures have been destroyed in those blazes — called the Palisades and Eaton fires — and the number is expected to increase. The five deaths recorded so far were from the Eaton Fire.

Some 130,000 people have been put under evacuation orders, as fires have consumed a total of about 42 square miles (108 square kilometers) — nearly the size of the entire city of San Francisco. The Palisades Fire is already the most destructive in Los Angeles history.

As flames moved through his neighborhood, Jose Velasquez sprayed down his family’s Altadena home with water as embers rained down on the roof. He managed to save their home, which also houses their family business selling churros, a Mexican pastry. Others weren’t so lucky. Many of his neighbors were at work when they lost their homes.

“So we had to call a few people and then we had people messaging, asking if their house was still standing,” he said. “We had to tell them that it’s not.”

In Pasadena, Fire Chief Chad Augustin said the city's water system was stretched and was further hampered by power outages, but even without those issues, firefighters would not have been able to stop the fire due to the intense winds fanning the flames.

“Those erratic wind gusts were throwing embers for multiple miles ahead of the fire,” he said.

The dramatic level of destruction was apparent in a comparison of satellite images before and after the fire.

A swath of about 250 homes in an Altadena neighborhood that had been dotted with the green canopies of leafy trees and aquamarine swimming pools was reduced to rubble. Only a few homes were left standing and some were still in flames in images from Maxar Technologies. Along a stretch of about 70 wall-to-wall homes overhanging the Pacific Ocean in Malibu, fewer than 10 appeared to be intact.

In Pacific Palisades, a hillside area along the coast dotted with celebrity homes, block after block of California Mission Style homes and bungalows were reduced to charred remains. Ornate iron railing wrapped around the smoldering frame of one house Swimming pools were blackened with soot, and sports cars slumped on melted tires.

More than half a dozen schools in the area were either damaged or destroyed, and UCLA has canceled classes for the week.

Another fire has hit Sylmar, a middle and working-class area on the northern edge of the San Fernando Valley that has been the site of many devastating blazes.

The main fires grew rapidly in distinctly different areas that had two things in common: densely packed streets of homes in places that are choked with vegetation and primed to burn in dry conditions.

Flames moved so quickly that many barely had time to escape. Police sought shelter inside their patrol cars, and residents at a senior living center were pushed in wheelchairs and hospital beds down a street to safety.

In the race to get away in Pacific Palisades, roadways became impassable when scores of people abandoned their vehicles and set out on foot.

The flames marched toward highly populated and affluent neighborhoods, including Calabasas and Santa Monica, home to California’s rich and famous.

Mandy Moore, Cary Elwes and Paris Hilton were among the stars who lost homes. Billy Crystal and his wife Janice lost their home of 45 years in the Palisades Fire.

“We raised our children and grandchildren here. Every inch of our house was filled with love. Beautiful memories that can’t be taken away," the Crystals wrote in the statement.

In Palisades Village, the public library, two major grocery stores, a pair of banks and several boutiques were destroyed.

“It’s just really weird coming back to somewhere that doesn’t really exist anymore,” said Dylan Vincent, who returned to the neighborhood to retrieve some items and saw that his elementary school had burned down and that whole blocks had been flattened.

California’s wildfire season is beginning earlier and ending later due to rising temperatures and decreased rainfall tied to climate change, according to recent data. Rains that usually end fire season are often delayed, meaning fires can burn through the winter months, according to the Western Fire Chiefs Association.

Dry winds, including the notorious Santa Anas, have contributed to warmer-than-average temperatures in Southern California, which has not seen more than 0.1 inches (2.5 millimeters) of rain since early May.

The winds increased to 80 mph (129 kph) Wednesday, according to reports received by the National Weather Service. Fire conditions could last through Friday — but wind speeds were expected to be lower on Thursday.

President Joe Biden signed a federal emergency declaration after arriving at a Santa Monica fire station for a briefing with Gov. Gavin Newsom, who dispatched National Guard troops to help.

Several Hollywood studios suspended production, and Universal Studios closed its theme park between Pasadena and Pacific Palisades.

As of early Thursday, around 250,000 people were without power in southern California, according to the tracking website PowerOutage.us.

Several Southern California landmarks were heavily damaged, including the Reel Inn in Malibu, a seafood restaurant. Owner Teddy Leonard and her husband hope to rebuild.

“When you look at the grand scheme of things, as long as your family is well and everyone’s alive, you’re still winning, right?” she said.

Golden reported from Seattle and Watson from San Diego. Associated Press journalists Christopher Weber and Eugene Garcia in Los Angeles; Ethan Swope in Pasadena, California; John Seewer in Toledo, Ohio; Heather Hollingsworth in Mission, Kansas; Jeff Martin in Atlanta; Janie Har in San Francisco; Brian Melley in London; Kathy McCormack in Concord, New Hampshire; Sarah Brumfield in Cockeysville, Maryland; and Tammy Webber in Detroit contributed to this report.

A firefighting plane makes drops over ridges as the Palisades Fire burns in the hills between Pacific Palisades and Malibu Wednesday, Jan. 8, 2025 in Topanga, Calif. (AP Photo/Etienne Laurent)

Topanga Canyon inhabitants look on as the Palisades Fire burns in the hills between Pacific Palisades and Malibu Wednesday, Jan. 8, 2025 in Topanga, Calif. (AP Photo/Etienne Laurent)

Embers fly from a burning structure during the Eaton fire in Altadena, Calif., Wednesday, Jan. 8, 2025. (Stephen Lam/San Francisco Chronicle via AP)

Fallon Prockiw-Kline, center, gets emotional in front of her home which was damaged by the Palisades Fire, Wednesday, Jan. 8, 2025, in Malibu, Calif. (AP Photo/Etienne Laurent)

Charred Buddha statues stand amidst other sculptures at burned out shop in Malibu, Calif., Wednesday, Jan. 8, 2025. (AP Photo/Richard Vogel)

Smoke from the Palisades Fire is seen during a commercial flight to Los Angeles, Calif., Wednesday, Jan. 8, 2025. (Stephen Lam/San Francisco Chronicle via AP)

Firefighters battle the Eaton Fire as it engulfs structures Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Nic Coury)

Firefighters team up to battle the Eaton Fire Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Ethan Swope)

The Palisades Fire burns a beach front property Wednesday, Jan. 8, 2025 in Malibu, Calif. (AP Photo/Etienne Laurent)

Visitors to the Santa Monica pier look out at smoke from a wildfire in the Pacific Palisades blows over the beach in Santa Monica, Calif., on Wednesday, Jan. 8, 2025. (AP Photo/Richard Vogel)

Beach front homes are destroyed by the Palisades Fire Wednesday, Jan. 8, 2025 in Malibu, Calif. (AP Photo/Mark J. Terrill)

Thick heavy smoke from wildfires shrouds downtown Los Angeles on Wednesday, Jan. 8, 2025. (AP Photo/Richard Vogel)

A firefighter battles the Palisades Fire around a burned structure in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Etienne Laurent)

The Palisades Fire burns homes on a hilltop in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Mark J. Terrill)

Residents embrace in front of burning structures as the Eaton Fire advances Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Nic Coury)

Pedestrians help a firefighter stretch a hose as an apartment building burns, Wednesday, Jan. 8, 2025, in the Altadena section of Pasadena, Calif. (AP Photo/Chris Pizzello)

A statue and other structures are burned as the Palisades Fire ravages a neighborhood amid high winds in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Damian Dovarganes)

Firefighters aim a hose at the entrance to a Bank of America engulfed in flames on Lake Avenue, Wednesday, Jan. 8, 2025, in the Altadena section of Pasadena, Calif. (AP Photo/Chris Pizzello)

Firefighters hose down a burning structure on Lake Avenue, Wednesday, Jan. 8, 2025, in the downtown Altadena section of Pasadena, Calif. (AP Photo/Chris Pizzello)

A resident of a senior center is evacuated as the Eaton Fire approaches Tuesday, Jan. 7, 2025 in Altadena, Calif. (AP Photo/Ethan Swope)

Fire explodes out of a window of the Altadena Community Church, Wednesday, Jan. 8, 2025, in the downtown Altadena section of Pasadena, Calif. (AP Photo/Chris Pizzello)

Homes damaged by the Palisades Fire are seen along the beach, Wednesday, Jan. 8, 2025, in Malibu, Calif. (AP Photo/Etienne Laurent)

The Palisades Fire burns a Christmas tree inside a residence in the Pacific Palisades neighborhood of Los Angeles, Tuesday, Jan. 7, 2025. (AP Photo/Ethan Swope)

Fallon Prockiw-Kline, center, gets emotional in front of her home which was damaged by the Palisades Fire, Wednesday, Jan. 8, 2025, in Malibu, Calif. (AP Photo/Etienne Laurent)

A wildfire-ravaged property is shown after the Palisades Fire swept through in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Damian Dovarganes)

Thick heavy smoke from wildfires passes over the Hollywood sign in Los Angeles on Wednesday, Jan. 8, 2025. (AP Photo/Richard Vogel)

A firefighter battles the Eaton Fire, Wednesday, Jan. 8, 2025, in Altadena, Calif. (AP Photo/Nic Coury)

The Palisades Fire ravages a neighborhood amid high winds in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Damian Dovarganes)

Lisa Diaz hugs a neighbor outside of their homes as the Eaton Fire sweeps through the area Wednesday, Jan. 8, 2025, in Altadena, Calif. (AP Photo/Nic Coury)

A man walks his bike among the ruins left behind by the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Damian Dovarganes)

A resident is evacuated from a senior living facility as the Eaton Fire approaches Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Ethan Swope)

A firefighter battles the Eaton Fire Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Ethan Swope)

Kelly Kline looks out at his home damaged by the Palisades Fire, Wednesday, Jan. 8, 2025, in Malibu, Calif. (AP Photo/Etienne Laurent)

A burned-out car sits among rubble in the downtown Altadena section of Pasadena, Calif., Wednesday, Jan. 8, 2025. (AP Photo/Chris Pizzello)

Fire crews battle the Eaton Fire next to a fully engulfed residence, Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Nic Coury)

A man walks past a fire-ravaged business after the Eaton Fire swept through Wednesday, Jan. 8, 2025 in Altadena, Calif. (AP Photo/Ethan Swope)

The Eaton Fire burns a vehicle Wednesday, Jan. 8, 2025, in Altadena, Calif. (AP Photo/Ethan Swope)

Megan Mantia, left, and her boyfriend Thomas, only first game given, return to Mantia's fire-damaged home after the Eaton Fire swept through the area, Wednesday, Jan. 8, 2025, in Altadena, Calif. (AP Photo/Ethan Swope)

Beach front homes are destroyed by the Palisades Fire Wednesday, Jan. 8, 2025 in Malibu, Calif. (AP Photo/Mark J. Terrill)

Beach front homes are destroyed by the Palisades Fire Wednesday, Jan. 8, 2025 in Malibu, Calif. (AP Photo/Mark J. Terrill)

Water is dropped by helicopter on the burning Sunset Fire in the Hollywood Hills section of Los Angeles, Wednesday, Jan. 8, 2025. (AP Photo/Ethan Swope)

A firefighter works from a deck as the Palisades Fire burns a beachfront property Wednesday, Jan. 8, 2025, in Malibu, Calif. (AP Photo/Etienne Laurent)

Firefighters work from a deck as the Palisades Fire burns a beach front property Wednesday, Jan. 8, 2025 in Malibu, Calif. (AP Photo/Etienne Laurent)