Monday 27 March 2017

Tesla rival continues to be a bad Tesla rival

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Faraday Future's had a hard time getting its Tesla rival on the road. This isn't going to help. 

The electric vehicle company halted talks with the government of Vallejo, California, on Friday to build a second factory there, according to the San Francisco Chronicle

Faraday's plan now is to focus on finishing its $1 billion factory in the northern part of Las Vegas. That factory has itself been beset by cash problems. Construction paused in November because the company couldn't pay contractors to finish the job, and only resumed after Faraday settled for a smaller building.  Read more...

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