Last week, we wrote (again) about Faraday Future and its ongoing cash struggles. As if things weren't bad enough for the Chinese start-up, the situation has been worsened by the Chinese government, which recently froze $2.5 billion in assets held by founder Jia Yueting, his wife, and subsidiaries of Yueting's LeEco corporation. Faraday is in the... Following asset freeze, Faraday Future postpones Nevada plant indefinitely
July 11, 2017 at 10:41 AM EDT
Last week, we wrote (again) about Faraday Future and its ongoing cash struggles. As if things weren't bad enough for the Chinese start-up, the situation has been worsened by the Chinese government, which recently froze $2.5 billion in assets held by founder Jia Yueting, his wife, and subsidiaries of Yueting's LeEco corporation. Faraday is in the...
Last week, we wrote (again) about Faraday Future and its ongoing cash struggles. As if things weren't bad enough for the Chinese start-up, the situation has been worsened by the Chinese government, which recently froze $2.5 billion in assets held by founder Jia Yueting, his wife, and subsidiaries of Yueting's LeEco corporation. Faraday is in the... 