Chinese tech giant LeEco might not get the chance to build the massive Silicon Valley HQ it wanted. According to Reuters, it's selling the 49-acre property a year after it bought the site from Yahoo and in the midst of serious financial issues. LeEco had big plans to conquer the US market, including the development of a "Tesla killer" electric car. Unfortunately, it expanded too quickly and ended up hurting for cash. Co-founder Jia Yueting told employees through a letter that the company "blindly sped ahead, and [its] cash demand ballooned. [It] got over-extended in [its] global strategy."