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From Electrek: Faraday Future taken over by billionaire investor ahead of electric car...

Discussion in 'News from Electrek.co' started by RSSFeed, Dec 23, 2016.

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    Faraday Future taken over by billionaire investor ahead of electric car unveil, 2 more execs left

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    Two of Faraday Future’s most senior executives have left the company this week following reports of financial troubles at the electric car startup and just ahead of its upcoming unveiling event in CES next month. While the company doesn’t have an official CEO, it was listing eight top executives on its website. Two of them, Marco Mattiacci and Joerg Sommer, quit this week, according to sources inside the company, and we are told that Chinese billionaire and the main investor of Faraday Future, Jia Yueting, has virtually taken over the company. more…

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