EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
faraday future
The SEC drops its four-year-old investigation into EV startup Faraday Future
After four years, and multiple subpoenas and depositions, the beleaguered startup has dodged yet another bullet.
Prince Andrew advisor pitched Jeffrey Epstein on investing in EV startups like Lucid Motors
The mysterious businessman pitched Jeffrey Epstein on numerous mobility startups in an era when the sector was white hot, according to TechCrunch’s review of hundreds of documents released by the Department of Justice.
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.
Faraday Future faces potential SEC enforcement action after three-year probe
The troubled EV startup, its founder, and the founder’s nephew are all in the financial regulator’s crosshairs.