Yet Another Bailout for Faraday Future

Government Auctions

Faraday Future, the contentious automotive startup that always seems to find (and then lose) sizable amounts of cash, has announced it has once again managed to secure new funding. According to its press release, Faraday says will receive $225 million in bridge financing via a funding round led by Birch Lake Associates. While the bulk of the cash […]

The post Yet Another Bailout for Faraday Future appeared first on The Truth About Cars.

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Author: Matt Posky

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