Electric-car maker Faraday Future has received an emergency injection of $14 million to move its FF 91 luxury electric car closer to market. The rescue funds come in the form of a loan from Innovatus Capital Partners, after Faraday Future pledged its California-based headquarters as collateral. For now, the $14 million will keep the company afloat... Faraday Future gets $14 million; factory moved to CA from Vegas
Electric-car maker Faraday Future has received an emergency injection of $14 million to move its FF 91 luxury electric car closer to market. The rescue funds come in the form of a loan from Innovatus Capital Partners, after Faraday Future pledged its California-based headquarters as collateral. For now, the $14 million will keep the company afloat...