Search Results for "Faraday Future"

Jia Yueting faces obstacles in his ambition: Faraday Future meets challenge in its financing ability

Faraday Future, invested by Jia Yueting, announces to invest USD 1b to build electric auto factory in Nevada. But reports from foreign media claims that Jia Yueting is forced to raise funds by way of stock rights pledge, which has roused doubts of Nevada’s financial minister Schwartz. He needs a more detailed explanation for how Jia Yueting and Faraday will raise funds, or he will not consider the issuing of government bonds.

Jul. 6 , 2016