Financial Troubles Continue For Ambitious Faraday Future

It seems prospective Tesla-Killer can’t get a break from its financial troubles. The California based car manufacturer is still at-least two years away from delivering on its promise to unveil an industry-shaking electric car that could disrupt the pioneer and leader of Luxury EV segment, Tesla.

Though backed by Chinese technological giant, LeEco and brilliant minds from BMW, Lamborghini, Tesla and SpaceX working tirelessly, the financial and legal tirades never seem to end for Faraday Future.

Financial Troubles Continue For Ambitious Faraday Future

The company unrelieved FF91 at CES 2017 with some impressive footage and numbers, but according to some reports, it only managed to secure 60 pre-orders. However, the company refutes this claim.

The FF91 is boasted to generate 1,050 horsepower from its 130 kW battery pack, pushing it to 60 miles in under 2.5 seconds (2.39 to be exact) and it will also give it an industry leading range of 278 miles.

At the moment, LeEco is facing financial troubles of its own and is reportedly selling off its assets in the US. That’s not all, Faraday Bicycles company is also pursuing a suite against the ambitious automaker for using its moniker. Whether Faraday Future rises from its turmoil is yet to be seen. There is no doubt they can deliver on their claims, but can they deliver on time is yet to be seen.

Following stints as a web content writer and social media expert, Antonio Richard has spent almost his entire career in online writing, he has worked for different World’s top rank directories and social sites and his most popular work can see in the field of Tech, Auto and Social Media.