Faraday Future backer Le Eco is running out of cash, CEO admits
Faraday Future plans to put an electric car into production within two years at a brand-new factory with a stated price tag of $1 billion. So far, this ambitious plan has had the backing of Chinese billionaire Jia Yueting, and his LeEco tech empire. But now LeEco may be running out of cash. DON’T MISS: Faraday Future imperils electric-car factory… …read more