Faraday Future's had a hard time getting its Tesla rival on Puri for Rent (2025)the road. This isn't going to help.
The electric vehicle company halted talks with the government of Vallejo, California, on Friday to build a second factory there, according to the San Francisco Chronicle.
SEE ALSO: Does This New Electric Bike Get Your Wheels Turning?Faraday's plan now is to focus on finishing its $1 billion factory in the northern part of Las Vegas. That factory has itself been beset by cash problems. Construction paused in November because the company couldn't pay contractors to finish the job, and only resumed after Faraday settled for a smaller building.
Originally pegged at 3-million square feet, the factory will now be less than 25 percent that size, though the company says it'll eventually get to 3-million square feet.
Faraday says it'll be done with its smaller factory this fall, though its track record up to this point ain't great. In late 2016, it reported spending $160 million on, as Jalopnikput it at the time, "moving dirt around and not much else."
Part of the problem stems from LeEco, the company that serves as Faraday's Chinese backer, which itself is going through growing pains. LeEco began as something like Netflix and has expanded to other businesses such as electric vehicles in its 13-year existence.
But that expansion is now rolling back due to the company's public cash issues. LeEco had planned to burst onto the Silicon Valley scene with a 49-acre plot meant to house 12,000 employees -- but it sold that land less than a year after taking it off Yahoo's hands.
Faraday Future has plans to start building its Tesla rival by 2018, but, that goal seems to keep rolling back.
Topics Electric Vehicles Tesla
Apple is actively looking at AI search for Safari
How much should we overshare while dating?
Best JBL deal: Save $10 on JBL Go 4 portable speaker
Best robot vacuum deal: The Dreame D10 Plus Gen 2 is on sale for $140 off at Amazon
Today's Hurdle hints and answers for May 12, 2025
Watch SpaceX set free Blue Ghost and ispace moon lander in space
Best Amazon deal: Take $69.69 off the Govee Smart Outdoor String Lights 2
OpenAI adds agentic AI tasks to ChatGPT. Here's what it can do for you
Best Sony headphones deal: Over $100 off Sony XM5 headphones
Solawave deal: 35% off, plus a free gift
Shop Owala's Memorial Day Sale for 30% off tumblers
John Turturro shares fascinating Stanley Kubrick story on 'Severance' podcast
Best QLED TV Deal: TCL QM85 65
Best Amazon Echo deal: Save $35 at Amazon
Time to Unite
CES 2025 highlights: 22 new gadgets you can buy already
I went to the 'Severance' pop
Best Soundcore by Anker Space A40 earbuds deal: Save $35 at Amazon
Best Max streaming deal: Save 20% on annual subscriptions
Kayak cofounder invented a novel way to 'escape the scroll'
The Reddit CEO and I both got LASIK in the event of the apocalypseGraceful dog jumps over doggy gate like it's NBDWhy this tech CEO is hopeful about the future of online publishingAlec Baldwin is hosting 'SNL' for a recordThe first photos from a revolutionary new weather satellite are gorgeousGoogle Voice finally gets group chat in its first update in 5 yearsWomen of the tech world march for their companies and their causesMeitu photo editing app stirs data security concernsPress secretary Sean Spicer had some real problems with 'Daft Funk' back in 2014Instead of Homeland spoilers, here's Mandy Patinkin's tuna burger recipeThe most hilariously British signs from London's Women's MarchTom Brady's massive coat stole the show during the AFC championship gameIt's time to form your own pussy posseSEC now investigating Yahoo's massive data breachesInstead of Homeland spoilers, here's Mandy Patinkin's tuna burger recipeGraceful dog jumps over doggy gate like it's NBDRihanna dabbing at Women's March in New York is as good as it soundsTom Brady finally opens up about his relationship with Donald Trump. Kind of.Figuring out what Aussies think about Trump on Twitter is pretty difficultJames Blunt announces new album in the most James Blunt way possible Beyoncé's celeb This week in apps: Instagram face filters, Medium audio stories, Google Assistant on iOS and more Fat girls dance. This beautiful Dove video shows why that's so radical The air traffic control tower of the future has no people—but it does have security concerns Lady Gaga pens touching note for her late best friend Why do 'The Bachelorette' producers hate Rachel Lindsay? This is what happens when you let kids choose their baseball team name All the best family photos from Pippa Middleton's decadent wedding This watchmaker thinks this $200,000 Pokemon watch is the 'emblem of millennials' A Russian embassy is promoting a right Stunning photo series celebrates the complex identity of LGBTQ Africans Vanessa Bayer departs 'SNL' after 7 seasons Bride bucks bridal shower norms for a party with her male friends These smart sprinkler systems will change your lawn (and maybe your life) Chelsea Manning shares the picture of herself she wants the world to use Can you find the hidden and scared government official? Why Elon Musk, not Donald Trump, is the most important person on Twitter 'Han Solo' set photos show beat In the U.S., trees are on the move because of climate change Schwarzenegger says he'll be back for 'Terminator' sequel with James Cameron
2.3422s , 10107.4921875 kb
Copyright © 2025 Powered by 【Puri for Rent (2025)】,Exquisite Information Network