Faraday Future wants out of key financial deal

To no one’s surprise, Evergrande saw things differently. It said it had been manipulated into paying Faraday $700 million in July (at Jia’s behest) after the automaker had burned through Smart Season’s initial $800 million. Evergrande also accused Jia of trying to strip the company’s rights to approve future financing deals. We’ve asked Faraday for …

Continue reading “Faraday Future wants out of key financial deal”