(Reuters) – Faraday Future Intelligent Electric on Thursday said it has recently observed a series of “suspicious activities” which the electric-vehicle startup believes suggested a “coordinated effort” to undermine its …
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Business News
Faraday Future interim CFO resigns, firm to restate certain financial reports
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric said on Tuesday its interim finance chief has resigned and the company will restate its financial statements for 2022 and the quarter ended March …
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Business News
Faraday Future plans reverse stock split and delays EV deliveries
by Reutersby Reuters(Reuters) -Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq’s minimum bid price requirements. Nasdaq …
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Business News
EV maker Faraday Future launches limited edition FF 91 2.0 for $309,000
by Reutersby Reuters(Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric launched its limited edition FF 91 2.0 Futurist Alliance vehicle on Tuesday, priced at $309,000. The company said the model …
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SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they …
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Business News
Faraday Future slides on signaling need for funds to start production
by Reutersby Reuters(Reuters) – Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car that hinged on securing additional …
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Business News
Faraday Future targets April for EV deliveries, sees fresh funding
by Reutersby Reuters(Reuters) – EV startup Faraday Future Intelligent Electric Inc said on Thursday it was in discussions with investors for additional capital of up to $170 million as it sets a …
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(Reuters) – Electric-vehicle startup Faraday Future Intelligent Electric said on Monday it has appointed Xuefeng Chen as global chief executive officer, sending shares up 1.4% in extended trading. Chen, who …
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Business News
EV startup Faraday Future signs deal to raise up to $350 million
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric said on Monday it had signed a deal to raise up to $350 million as the electric-vehicle startup looks to roll out its FF …
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US and World News
Faraday Future names ex-Romeo Power executive as interim finance chief
by Reutersby Reuters(Reuters) – Electric vehicle startup Faraday Future Intelligent Electric Inc on Wednesday named Yun Han as its interim finance chief and accounting head, replacing Becky Roof who resigned earlier this …
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US and World News
Faraday Future reaches agreement with shareholder, Chairperson Swenson to step down
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric Inc said on Monday the electric-vehicle startup had reached an agreement with its largest shareholder to resolve a governance dispute, adding that Sue Swenson …
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US and World News
Faraday Future says ‘misinformation campaign’ hurt fundraising efforts
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric said on Thursday a “misinformation campaign” has affected its fundraising efforts as the startup looks to start production of its FF 91 luxury electric …
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US and World News
Faraday Future shareholder sues EV startup for removal of two directors
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric shareholder FF Top Holding has sued the electric vehicle startup seeking the removal of two board members, according to a court filing, escalating the …
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Financial News
Some Faraday Future employees call for removal of Chairperson Sue Swenson – letter
by Reutersby ReutersBy Akash Sriram (Reuters) – Several employees of Faraday Future Intelligent Electric Inc have called on the electric-vehicle startup’s board and shareholders to remove Executive Chairperson Susan Swenson, according to …
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Financial News
EV startup Faraday Future refutes claims made by top shareholder
by Reutersby Reuters(Reuters) – Faraday Future Intelligent Electric Inc on Monday refuted claims made by the electric vehicle startup’s largest shareholder regarding its rights as a stakeholder. Earlier this month top shareholder …
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(Reuters) -Faraday Future Intelligent Electric Inc said on Monday that the electric-vehicle startup will raise up to $600 million in funding as it looks to deliver its FF 91 luxury …
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(Reuters) – Faraday Future Intelligent Electric Inc’s shares fell more than 7% in premarket trading on Tuesday after the electric-vehicle maker flagged the need for more cash to launch its …
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Financial News
Faraday Future says it doesn’t need more funds to launch FF91 electric luxury car
by Reutersby ReutersBy Akash Sriram (Reuters) – Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, Chief Executive Officer Carsten Breitfeld said …
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Financial News
EV firm Faraday Future appoints AlixPartners’ Becky Roof as interim CFO
by Reutersby Reuters– Electric vehicle firm Faraday Future Intelligent Electric Inc said on Tuesday it appointed Becky Roof as interim chief financial officer. Roof, who serves as managing director with consulting firm …