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Struggling EV Maker Faraday Future Discloses Multimillion-Dollar Payments to Founder-Linked Firm.

April 30, 2026 at 7:01 PM

Electric vehicle startup Faraday Future has reported paying $7.5 million to an affiliate firm controlled by its founder, Jia Yueting, amid a year of significant financial losses and minimal vehicle deliveries.

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Struggling EV Maker Faraday Future Discloses Multimillion-Dollar Payments to Founder-Linked Firm

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