Faraday Future paid around $7.5 million to a company controlled by its founder Jia Yueting in 2025, according to a new regulatory filing.
Faraday Future Intelligent Electric Inc. (FFAI) Q4 2025 Earnings Call Transcript
The Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future, despite SEC staff on the case recommending an enforcement action last year, TechCrunch has learned.
Faraday Future Intelligent Electric Inc. (FFAI) Shareholder/Analyst Call Prepared Remarks Transcript
The Securities and Exchange Commission (SEC) has sent letters to Faraday Future founder Jia Yueting and president Jerry Wang, alerting them that they may soon face enforcement actions from the agency as the result of a three-year-long fraud investigation.
Troubled electric vehicle startup Faraday Future's board of directors has appointed founder Jia Yueting as the company's co-CEO, three years after he was sidelined following an internal probe into allegations of fraud — a probe that led to a investigation by the Securities and Exchange Commission that remains ongoing.