Faraday puts up $75 million bond to reassure Nevada on factory

By [email protected] (Stephen Edelstein) Following its successful bid for the Tesla lithium-ion battery “Gigafactory,” Nevada landed a second electric-manufacturing project as well. it’s the proposed Faraday Future factory in North Las Vegas. But Nevada lawmakers have since expressed concern over Faraday’s ability to meet the financial requirements of a deal meant to enable the…

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