American EV-startup Faraday Future has fired a number of employees who have been on unpaid leave for months.
Faraday Future has sold its Los Angeles headquarters in a desperate effort to stay afloat after dispute with their former main investor Evergrande.
Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
The Tech Tribune, a U.S.-based tech media, recently compiled a list of the best tech startups of 2019 in Los Angeles, California. Faraday Future, the American EV startup, makes to the list.
The war between EV startup Faraday Future (FF) and its main investor Evergrande appears to be over after the two companies reached a restructuring agreement on Dec. 31.