Faraday Future (FFIE) Delays New EV Launch; Says It Needs More Cash
243 Views26 Jul 2022 13:13
Faraday Future (FFIE) delays its flagship EV launch and says it needs $325m in cash due to higher parts prices and cost overruns. PIPE deal could be in the workings. Dilution should be huge.
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Discussions
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- Faraday Future Raised $52m or 1/4 of Needed Funds16 Aug 2022
- Faraday Future (FFIE) Claims It Lined Up Funding but Details Are Vague03 Aug 2022
- Faraday Future (FFIE) Delays New EV Launch; Says It Needs More Cash26 Jul 2022
- Faraday Future's Proxy Fight Intensifies: $100M Financing Offer Ignored21 Jul 2022
- Faraday Future (FFIE) Struggles to Finance Amid Internal "Civil War"14 Jul 2022
- Faraday Future (FFIE): Not Looking So Bright11 May 2022
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