TechCrunch LA
APRIL 30, 2019
The company has yet to enter mass production five years after its launch, mainly as a result of a series of financial issues that have ended in layoffs, unpaid wages, furloughs, property selloffs and much more. Faraday had previously planned to begin production of the FF91 at the end of 2018… but we are still waiting.
socalTECH
OCTOBER 8, 2018
Los Angeles-based electric car maker Faraday Future is facing new financial woes this morning, after the Chinese company which bailed out the company at the end of 2017 filed notice that it would seek to terminate a deal to invest a total of $2 billion into Faraday Future, reached last year. READ MORE>>.
TechCrunch LA
OCTOBER 19, 2019
In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. By 2018 that revenue was expected to top $30 million, according to sources at the time. The company filed registration documents in California in June 2018.
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