The startup that begs Creditors to rally behind its bankrupt founder, and most recently received a $9 million government pandemic loan is out attacking the most successful electric car manufacturer in the world, and the second most valuable carmaker in the world.
Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014 and based in California U.S.A.Wikipedia
Yesterday, the official twitter account of the electric carmaker sent out a tweet about their distaste of Tesla CEO Elon Musk’ ego, for calling Tesla the only carmaker in California.
According to Faraday Future, Tesla is not the only carmaker left in California, they are still in California and they appreciate the state and federal government’ efforts.
Faraday Future founder and main financial backer, Chinese billionaire Jia Yueting, personally filed for bankruptcy in October. While his creditors (many of which are Chinese companies that lent him money for his failed tech conglomerate, LeEco) are largely on board with the payment plan he proposed, the process of confirming that plan has dragged on for months. Jia has said in court filings that potential investors in Faraday Future are waiting for his own personal bankruptcy case to be resolved before putting any money into the EV startup.
This is the same EV startup that is out attacking Elon Musk that runs over 4 successful life changing companies. Ofc, not everyone knows about the company. Feel free to use the comment section :D.