An Interest In:
Web News this Week
- March 21, 2024
- March 20, 2024
- March 19, 2024
- March 18, 2024
- March 17, 2024
- March 16, 2024
- March 15, 2024
Some of Our Sources
- Web Designer Wall
- Fuel Your Creativity
- Inspiredology
- Web Designer Depot
- My Ink Blog
- Fudge Graphics
- Reencoded
- Wal You
- Web Resource Source
- Android Dissected
Help Webnuz
Referal links:
December 12, 2017 06:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/YvHkzsoc_Ro/inside-faraday-futures-financial-house-of-cards
Inside Faraday Future's Financial House of Cards
Sean O'Kane, reporting for The Verge: When Faraday Future emerged from stealth mode in 2015, it promised to transform the car industry with an American-made luxury electric vehicle that would someday be fully autonomous, maybe even sold through a subscription service. As we learned at CES 2017, the company was taking aim at Tesla with a car -- the FF91 -- that was designed to dazzle, with a 0-60 time of 2.4 seconds as jaw-dropping as the proposed $180,000 price tag. Since then, though, Faraday Future has been more focused on survival than speed. The Verge has learned from multiple sources about the nature of the company's financial plight. While Faraday Future posed as the newest California electric car startup that attracted top auto industry talent, 10 former employees and one person close to the company say the behavior and business practices of its chief investor have brought business to a halt. Also read: Everything wrong with Faraday Future's "Tesla killer"Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/YvHkzsoc_Ro/inside-faraday-futures-financial-house-of-cards
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot