How The Man Who Challenged Tesla Went Bankrupt
Published: November 10, 2021
Faraday Future, a California-based electric-car startup and Tesla’s once rival, generated buzz in 2015 as the company poached top talent from Tesla, BMW, Audi, Ford, and Ferrari. The mystery surrounding Faraday was only matched by its enigmatic cofounder and CEO, Jia “YT” Yueting. Business Insider looks at the company’s promise,financial woes that led them to bankruptcy, and YT’s relationship with the reanimated Faraday today.