Tuesday 24 September 2019

To survive, Faraday Future really needs investors to buy its dream

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At Faraday Future’s facility in Southern California, the press walked around while a designer scraped a physical clay car model and workers tinkered on the manufacturing floor.

It was a show for the media by remaining employees after one of the auto industry’s most spectacular failures.

Were they helping build something special or putting in work for a future that may never come?

"It's probably a little late," said Rohan Williamson, professor of finance at Georgetown University’s McDonough School of Business, about FF's prospects. "The vehicle is nice. They have a unique approach. But I’m not sure if enough investors can get enough capital to get it done to go to the mass production model, which is at least three or four years down the road." Read more...

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