Faraday Future Struggles with Production and Funding, Delays Deliveries.
TL;DR Summary
Electric vehicle start-up Faraday Future is facing cash and production problems, causing its stock to dive. The company has yet to deliver its luxury EV, the FF91, and has been struggling to secure funding. Faraday Future is just one of many EV start-ups facing challenges in the competitive market.
- Faraday EV Start-up Needs Cash, Has Production Problems. Its Stock Is Down. Barron's
- Faraday Future pushes back EV deliveries, looking for cash Reuters.com
- Faraday Future delays FF91 deliveries (again), says it needs "substantial additional financing" (again) Drive Tesla Canada
- Faraday Future says deliveries delayed due to supplier constraints, seeks additional funding (NASDAQ:FFIE) Seeking Alpha
- Faraday Future Announces Date of its First Production Vehicle Coming Off-the-Line and Updated Timing for Start of Deliveries and the Three-Phase Delivery Plan for its FF 91 Vehicle Yahoo Finance
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
-14%
43 → 49 words
Want the full story? Read the original article
Read on Barron's