Home Technology Faraday Future founder named co-CEO three years after being sidelined by internal probe

Faraday Future founder named co-CEO three years after being sidelined by internal probe

by admin
0 comments 17 views

The startup of electric vehicles with problems of Faraday Future, the Board of Directors Following an internal probe In fraud accusations, an investigation that led to an investigation by the Bag and Securities Commission that remains ongoing.

JIA will serve with the current CEO Matthias Aydt and will supervise the Faraday Financing, Legal and Supply Chain, the company announced At a press conference on Thursday. Aydt is a future Faraday employee for a long time that once he was put on probation after He offered to pay a member of the Faraday Future Board up to $ 700,000 to give up in the middle of a one month’s power struggle on the company.

Jia’s appointment occurs only one month after Faraday Future named nephew Jia Jerry Wang as President of the EV Startup. Wang resigned in 2022 as a result of the internal probe due to a “lack of cooperation with research” according to filings with the Bag and Securities Commission.

Faraday Future was founded by JIA in 2014 while sought to build on what was at that time a successful empire of electronics and media transmission in China.

That empire collapsed, and Jia explained to the United States to focus on Faraday’s future. The company has passed the last decade and more than $ 3 billion to develop an ultra luxurious EV called FF91. But he has only sold around a dozen to date, and has been accused of demanding some of those sales.

You may also like

Leave a Comment