Embattled EV Startup Faraday Future Seeks CEO, $1 Billion Funding Round

By [email protected] The trouble with coming out of stealth mode is that people start paying a lot more attention to you.

The scrutiny hasn’t turned out well for Faraday Future, the glossy and secretive electric-vehicle startup that debuted its first prototype in January 2016. Since then, a series of missteps in the unveiling of the core product, leadership turnover, and financial uncertainties have cast doubt on the company’s ability to viably deliver a challenge to Tesla. Faraday is pushing for a reset, with two major goals: find a CEO and raise a bunch of cash.

Businesses often find it valuable to have a CEO

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 4 times, 1 visits today)



© 2014 RenewaNews