Faraday Future Overview Updated March 22, 2017

Faraday Future

See All Faraday Future Stories

82 Faraday Future stories

July 2015 - March 2017


Faraday Future is an electric vehicle startup based in California. It was founded and it is being primarily financed by Chinese billionaire Jia Yueting.

Founded only in 2014, the company already has around 1,000 employees and reportedly raised 100s of millions.

It started construction on a $1 billion electric vehicle factory in North Las Vegas and plans to bring its first vehicle to market with the next 2-3 years.

Faraday Future Stories Yesterday

TSLA: 255.01

4.33
Stock Chart

Like Governor’s Office of Economic Development (GOED) did for Tesla’s Gigafactory last week, they released the quarterly report for Faraday Future’s own electric vehicle factory project in the state.

As of the last reported quarter (Q4 2016), the company reportedly made a $160 million capital investment in the project, but the only result so far is a lot of dirt being moved around. expand full story

Faraday Future Stories March 4

TSLA: 251.57

1.09
Stock Chart

Nevada State Treasurer Dan Schwartz has been a strong opponent of the deal that brought electric vehicle maker Faraday Future to the state. He went as far as calling it a “Ponzi scheme.”

Schwartz is turning up the scrutiny on the company and dragged Tesla into it by calling for an audit of the deals they made with Governor’s Office of Economic Development (GOED). expand full story

Faraday Future Stories February 28

TSLA: 249.99

3.76
Stock Chart

Before even unveiling its first car, Faraday Future had shown an impressive ability to attract top talent, but a few of them recently left the electric vehicle startup. They have been losing quite a few high-profile executives since financial and legal problems came to light over the past few months.

Nonetheless, they appear to have kept the ability to attract new top talent since we now learn that Stefan Krause (54), the former CFO of BMW and Deutsche Bank, is joining the company to lead its finance team. expand full story

9to5toys 

Faraday Future Stories February 20

TSLA: 272.23

3.28
Stock Chart

Despite highly publicized financial and legal troubles both before and after its big reveal at CES last month, it seems like Faraday Future is still alive and moving forward with its electric vehicle factory in Nevada.

A state official recently disclosed that the company invested $160 million in the factory, but they currently have little to show for after that sizeable investment.  expand full story

Faraday Future Stories February 2

TSLA: 251.55

2.31
Stock Chart

Faraday Future’s big unveiling of its first production-intent vehicle at CES last month was tainted by several lawsuits and financial issues leading up to it. It got so bad that there were strong doubts about the company even being able to bring the car to production.

It now looks like FF is still aiming to bring it to production, but we learn that it is downsizing what was previously supposed to be a massive $1 billion electric vehicle factory to manufacture the vehicle in North Las Vegas. expand full story

Faraday Future Stories January 13

TSLA: 237.75

8.16
Stock Chart

A lot has been said about Faraday Future leading to the unveiling of its first production-intent vehicle at CES earlier this month and since, but the price range of the all-electric vehicle has so far been elusive and the company has never confirmed it.

Jia Yueting, CEO of LeEco and Faraday Future’s main backer, gave us our best idea of the price this week by saying that will cost “less than $300,000”. expand full story

9to5mac 

Faraday Future Stories January 7

TSLA: 229.01

2.26
Stock Chart

In this week’s top stories: Tesla CEO Elon Musk shares some thoughts on the upcoming Trump administration, Tesla Model 3 could soon be the most American made car, Chargepoint shows us its new 400kW charging station at CES 2017 in Las Vegas, and Ford, Faraday Future and others unveil their latest EVs and concepts at the show.

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Faraday Future Stories January 6

TSLA: 229.01

2.26
Stock Chart

Faraday Future Stories January 5

TSLA: 226.75

-0.24
Stock Chart

Faraday Future has just announced in a post on the company’s facebook page that they’ve received a total of 64,124 reservations globally for their FF 91 within the first 36 hours.  They did not specify the proportion of “standard” free reservations to $5,000 “priority” reservations, but we can assume that a vast majority of these reservations are of the free variety.

Faraday Future announced their impressive-but-expensive-seeming 2018 production-intent FF 91 concept car two nights ago at CES.  You can see our writeup of the reveal here.  See how Faraday’s reservation numbers compare against some other EVs below the jump.

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9to5google 

Faraday Future Stories January 3

TSLA: 216.99

3.30
Stock Chart

Faraday Future has just finished revealing their first car, the “FF 91”, in a livestreamed demonstration from CES 2017, and boy was the demonstration a doozy.

The FF 91’s specs are incredibly impressive.  With a 130kWh battery, it will have 1050 horsepower, which Faraday Future claims is the most of any electric car (but actually falls short of the Rimac Concept_One by 38hp) and 378 miles of EPA range.  The 200kW DC charging system purportedly charges the car at a rate of 500 miles of range per hour (and a 15kW AC home charging system for 50% charge in 4.5 hours), and the car will include self-driving capability courtesy of a 3D LIDAR system embedded in the center of the hood.

See more about the specs and presentation, and some photos, below the jump. expand full story

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