Faraday Electric has limited the role of founder Jia Yueting in the start-up following a months-long investigation into allegations of fraud. Photo: Bloomberg
Electric car start-up Faraday Future clips wings of founder Jia Yueting following fraud allegation probe
- Jia Yueting will, however, continue to serve as Faraday Future’s ‘chief product and user ecosystem officer’, filing shows
- Faraday Future launched an internal probe last year after a short-selling research firm claimed the start-up misrepresented the number of pre-orders for its FF 91 luxury SUV following its merger with a SPAC
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Faraday Electric has limited the role of founder Jia Yueting in the start-up following a months-long investigation into allegations of fraud. Photo: Bloomberg