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Faraday Future is one step closer to the deadpool | TechCrunch

Mon Jul 10 17:00:23 EDT 2017 | TechCrunch
Faraday Future might as well pack it up and call it a day. The company has reportedly abandoned plans to build a massive factory in the Nevada desert. This facility was going to cost $1 billion to build and employ 13,000 people. The state of Nevada awarded the company massive tax breaks to get the project done. The Nevada state governor even has a ceremonial shovel for the project hanging in his office. According to The Nevada Independent, he’s going to take down the shovel because the factory i..

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Faraday Future might as well pack it up and call it a day. The company has reportedly abandoned plans to build a massive factory in the Nevada desert. This facility was going to co..
The idea is to move into a smaller, existing factory and hopefully have cars rolling off the assembly line by the end of next year. Nevada lawmakers insist that the state won't be ..
Faraday Future abandoned plans Monday to build a $1 billion Las Vegas production plant that was set to mass-produce its first self-driving luxury electric car, the FF 91, to compet..
Faraday Future abandoned plans Monday to build a $1 billion Las Vegas production plant that was set to mass-produce its first self-driving luxury electric car, the FF 91, to compet..
The future for niche electric car makers may be looking dimmer.  An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a ..
CARSON CITY, Nev. — An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the compa..
An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the company and the broader n..
CARSON CITY, Nev. (AP) — An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the ..
An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the company and the broader n..
An electric car maker deserted its plan to construct a $1 billion manufacturing plant in southern Nevada in a move experts say could spell trouble for the company and the broader n..
TAIPEI (Reuters) - Startup Faraday Future said it would move production of its planned luxury electric SUV to a new site, virtually scrapping a stalled $1 billion Las Vegas factory..
CARSON CITY, Nev. (AP) — An electric car maker said Monday it is deserting its plan to construct a $1 billion manufacturing plant in southern Nevada eight months after suspending t..
FILE PHOTO: A Faraday Future FF 91 electric car takes off across the stage in an exhibition of speed during an unveiling event at CES in Las Vegas, Nevada January 3, 2017. REUTERS/..
This week the company revealed it was shutting down construction of the massive $1 billion, 3 million-square foot manufacturing facility in North Las Vegas it announced last year. ..
Photo: John Locher, Associated Press Faraday Future deserts Nevada Electric car maker Faraday Future has abandoned its plan to construct a $1 billion manufacturing plant in souther..
Faraday Future has announced that construction at its $1 billion factory in Nevada has been put on hold, shortly after we learnt about the financial issues of Jia Yueting, the bill..
So far, FF has been dependent on Chinese media giant LeEco for funding, and that firm has been facing a major cash crunch in recent times. Between tackling massive debts and and an..
In this April 13, 2016 file photo, Nevada Gov. Brian Sandoval looks at a model for a Faraday Future factory in North Las Vegas, Nev. Electric car maker Faraday Future said Monday, ..
Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to post..
Photo: DOUG MILLS, NYT LeEco tycoon steps down The embattled Internet tycoon behind struggling Chinese tech company LeEco has resigned from all his positions at the company’s publi..
___ Takata adds new type of inflator to huge air bag recall DETROIT (AP) — Takata is adding a new type of air bag inflator to the nation’s largest automotive recall. The company fi..
CARSON CITY, Nev. (AP) — Two key players in the Republican and Democratic parties in Nevada are teaming up to host a clean-energy talk as the White House abandons a worldwide agree..
Will we remember this moment? The month, the day, the hour Tesla CEO Elon Musk started shipping Tesla Model 3 to the first of a reported 373,000 customers and, perhaps, changed the..
A court in China has frozen $182 million in assets of Jia Yueting, the billionaire founder of LeEco and the major backer of U.S. electric car startup Faraday Future. Earlier this w..
Tesla (TSLA) shares are skidding for a second consecutive day as lower-than-expected production, increased competition and a review from an industry group weigh on the electric car..
HONG KONG The founder of China's struggling tech group LeEco, Jia Yueting, on Thursday pledged to take full responsibility for the company's debt troubles amid a deepening financia..
Last summer LeEco announced it intended to purchase the US-based TV maker Vizio for $2 billion. The deal fell in March through amid a myriad of problems surrounding LeEco including..
Tesloop founder Haydn Sonnad, 18, has expanded into Orange County. Tesloop is a Los Angeles-based concept that uses a small fleet of Tesla vehicles to drive passengers. Haydn Sonna..
Tesloop founder Haydn Sonnad, 18, has expanded into Orange County. Tesloop is a Los Angeles-based concept that uses a small fleet of Tesla vehicles to drive passengers. Haydn Sonna..
Tesla Motors unveiled its latest electric car, the Model 3, on March 31, with a lower price tag and 2017 delivery date. Tesla chief executive Elon Musk heralded the Model 3 as a wa..
Tesla’s shares are shaping up to possibly have their worst week of the year so far as lower-than-expected production, increased competition and a review from an industry group weig..
The economic news in Connecticut is downright lousy these days. Gov. Dannel Malloy is waging a bare-knuckle budget battle with state legislators in Hartford, even as that capital c..
Cash-strapped LeEco's CEO Jia Yueting has pledged in an open letter on Thursday to take full responsibility and repay all debts. "I will assume all responsibilities, and will do so..
Cash-strapped LeEco's CEO Jia Yueting has pledged in an open letter on Thursday to take full responsibility and repay all debts. "I will assume all responsibilities, and will do so..
Cash-strapped LeEco's CEO Jia Yueting has pledged in an open letter on Thursday to take full responsibility and repay all debts. "I will assume all responsibilities, and will do so..