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Faraday Future Uncloaks Mysterious Electric Car Effort In Gardena

socalTECH

Faraday Future , a mysterious, electric car company based in Gardena, uncloaked last week, saying it will spend $1 billion on creating a new, U.S. The company is based in a former Nissan research and design building in Gardena--and is hoping to ship its car in 2017. READ MORE>>.

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Faraday Future Finds New Chief Executive

L.A. Business Journal

The chief executive of Gardena-based electric vehicle developer Faraday and Future Inc. has vacated his post, according to a statement the company made September 3.

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Faraday Future Lays Off Furloughed Employees

L.A. Business Journal

Gardena-based electric vehicle maker Faraday & Future Inc. fired several employees it had previously placed on unpaid leave in December, citing lack of funds to pay salaries.

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Educational Insights Launches Coding Robot

socalTECH

Gardena-based toy maker Educational Insights said this morning that it has launched a new product, a "coding robot" which is designed to help kids learn how to write their own software. According to the company, its new robot, Artie Max, helps kids learn five coding languages (Blockly, Snap!,

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Faraday Faces Rockier Road

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address $3.6 billion in debt.

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Faraday Co-Founder Resigns

L.A. Business Journal

Nick Sampson, co-founder of Gardena-based electric vehicle manufacturer Faraday and Future Inc., resigned on Oct. 30 after calling the company “effectively insolvent.”

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Faraday Future Founder Files for Bankruptcy

L.A. Business Journal

Jia Yueting, founder of Gardena-based electric vehicle company Faraday & Future, filed for bankruptcy Oct. 14 to address mounting personal debts.

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