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Faraday Future could be out of business by February
Last we heard, Faraday Future was going through a rough patch in regards to building its manufacturing facility in Nevada. Now, it appears the electric vehicle company's troubles are worse than anticipated. The key theme, across report from Buzzfeed News, Jalopnik and The Verge is money. Specifically, a lack thereof. Faraday has a heap of unpaid bills, lawsuits from vendors and a landlord in addition to losing senior employees. Owed cash is in the hundreds of millions, and it looks like if the company can't secure more funding after CES next month, Faraday Future will be done for by February.
