Tag Archives: Faraday Future

Things Are So Bad at Faraday Future There’s a GoFundMe For Employees

Faraday Future was apparently on the verge of achieving series production of its FF 91 electric crossover, but it burned through its initial investment and its main investor refused to keep paying. The company has since been forced to furlough employees as it seeks new funding, and some of those out of work are now…

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Ford and Volkswagen May Join Forces On Electric and Autonomous Cars: Report

The relationship between Ford and VW may be getting serious, recalls at Jeep and Toyota, GM continues cost cutting, and a look at industry-wide October sales figures, in The Morning Shift for Friday, Nov. 2, 2018.

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Faraday Future Co-Founder Quits, Claims Company ‘Is Effectively Insolvent’

The co-founder of the struggling Faraday Future, Nick Sampson, has resigned from his role, claiming the company is “effectively insolvent” and unable to pay its debts as even more employees are reportedly furloughed and operations scaled back.

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Faraday Future to Lay Off Staff and Cut Wages Amid More Money Troubles

Citing a dispute with its primary investor, Faraday Future announced today employee salaries and hourly wages will be cut by 20 percent, CEO Jia Yueting’s salary has been reduced to $1 a year, and the company is facing an unclear amount of layoffs as it tries to stay afloat long enough to secure new financing and…

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The War Between Faraday Future and Its Ex-CFO Is Somehow Getting Even Uglier

Even as electric car startup Faraday Future has been inching closer to making a production car, its ongoing legal skirmish with a former executive is continuing to get worse. On Thursday, the former executive’s new startup sued Faraday, claiming its employment agreements violate California state law by preventing…

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Faraday Future FF 91 Production Officially Begins for December Deliveries

When we last left off from the Faraday Future saga, we learned that the company had been awarded a temporary certificate of occupancy at its Hanford, California factory. Following that, it seems like production has indeed begun, with the company announcing its first complete FF 91 body-in-white.

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Faraday Future Wants Its First Production Car to Have 1,089 HP 

Despite its very harsh ups and downs in recent years, Faraday Future has somehow ended up with a $2 billion lifeline to see through the making of its first production vehicle, the all-electric FF 91. The startup has said it’ll happen at some point this year, but a new document filed with the federal government…

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There’s A New Tesla Model S Rival And It’s From The ‘Chinese Netflix’

LeEco, the parent company behind Faraday Future and a giant technology company often referred to as the Chinese Netflix, has revealed a new fully electric luxury sedan called the LeSEE ahead of its Beijing Auto Show premiere which it hopes to go head-to-head against the Model S.

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Luxury Resort Or Automotive Factory?

Prospective automaker Faraday Future has officially broke ground on its billion dollar Nevada factory today, revealing an updated design for the manufacturing facility that closely resembles a luxury resort with a giant “FF” logo on top.

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Faraday Future To Finally Break Ground On Overdue Nevada Factory

Faraday Future, a hopeful electric automaker that made a big and controversial splash at this year’s CES and has since had trouble securing financing for its Nevada manufacturing facility, will break ground on the factory three months after the end of January it initially promised.

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