Faraday Future’s Parent Company Has a Compulsive Spending Problem

Jia Yueting, head of China’s LeEco, is finally copping to claims that there was insufficient money to support the company’s wild expanse into new territories. This is particularly bad news for the moderately sketchy American automotive startup Faraday Future, which is strategically partnered with LeEco and is quite possibly doomed if its parent doesn’t shape up. According […]

The post Faraday Future’s Parent Company Has a Compulsive Spending Problem appeared first on The Truth About Cars.

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