Faraday Future Says It Faces Death Threats Amid Effort to Raise Capital

Electric-car startup Faraday Future Intelligent Electric said Thursday its company leaders are facing death threats and a misinformation campaign as they try to raise money for the production of its first vehicle.

The statement by Faraday comes after one of the Los Angeles-based startup’s largest shareholders sued in Delaware Chancery Court on Monday, alleging that its current board “has driven the company into the ground” since merging with a special-purpose acquisition company, or SPAC, earlier this year. The group is seeking the resignation or removal of two directors, including executive chair Susan Swenson.