12/23/2024

Is electric car start-up Faraday Future already running out of cash?

Nevada’s state treasurer has a message for electric car company Faraday Future: Show me the money. The company building a $1-billion factory for Faraday in Nevada has a similar message: Pay up now.

Money problems appear to be plaguing the secretive Gardena-based start-up, which is trying to rival Tesla and other automakers. 

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