Faraday Future Halts Construction Of $1 Billion Factory In Nevada Amid Cash Crunch

Ambitious but troubled startup automaker Faraday Future said today that it’s officially halting efforts to build a $1 billion factory in Nevada, as its billionaire financier Jia Yueting deals with significant money problems. The move comes just days after Faraday officials told Jalopnik that Jia’s financial woes will…

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