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Reading: Faraday Future Secures Financing, Strikes Deal With Shareholder
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The Wall Street Publication > Blog > Tech > Faraday Future Secures Financing, Strikes Deal With Shareholder
Tech

Faraday Future Secures Financing, Strikes Deal With Shareholder

Editorial Board Published September 26, 2022
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Faraday Future Secures Financing, Strikes Deal With Shareholder
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Electric-car startup Faraday Future Intelligent Electric has secured up to $100 million in new financing to fund operations after reaching a deal with one of its largest shareholders to resolve a monthslong governance dispute.

The agreement comes after Faraday said last week that its company leaders were facing death threats and a misinformation campaign as they sought to raise money for the production of its first vehicle.

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