Farraday Future's 'Tesla Beater' Debut Doesn't Go Quite As Planned. Aw
It's been a rough year for erstwhile electric car company Faraday Future. Several members of a senior staff recruited from the likes of Tesla, BMW, and Google, as well as the aerospace and medical device sectors, reportedly jumped ship. The company fell behind in paying the contractor building its factory in Nevada, where state treasurer Dan Schwartz called Faraday Future a Ponzi scheme. Its funding comes from the founder of the Chinese tech giant LeEco, which is building an electric car you could call a rival. A Faraday Future spokesperson says that, as a private company, it does not discuss its finances, and the next stage of the factory is slated for construction soon.
Jan-4-2017, 04:40:02 GMT
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