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faraday future

Faraday Future Faces DOJ Inquiry Tied to SEC Investor Fraud Probe

Electric vehicle startup Faraday Future faces a preliminary DOJ information request connected to an ongoing SEC investigation into misleading investor statements. The regulatory scrutiny follows an internal review that exposes a pattern of exaggerated claims common among EV SPAC mergers.
09 Jun 2022 1 min read
faraday future

Struggling EV Maker Faraday Future Targets Chinese Factory by 2025

Despite facing severe cash shortages and an ongoing SEC investigation, Faraday Future announces plans to open a manufacturing plant in China by 2025. The troubled company aims to use the facility to build its mass-market FF 81 sedan and a new delivery vehicle.
08 Jun 2022 1 min read
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