pushed back to the fourth quarter of 2022 as a result of the ongoing supply chain constraints facing the auto industry. This sort of corporate turmoil is only exacerbated by the fact that the automaker’s stock prices have crashed by around 90 percent since going public by way of a reverse merger in July 2021. In February, the company also admitted that employees had been feeding investors inaccurate statements about the company, which resulted in a leadership changeup.
Starting a new car company is tremendously difficult. While we’ve seen Wall Street get tremendously excited about nearly every new electric vehicle start-up, they aren’t all going to be . Whether or not Faraday Future is able to get back on the right track, things clearly need to change within the company if they plan to get the FF91 to customers this year.Born and raised in Metro Detroit, associate editor Lucas Bell has spent his entire life surrounded by the automotive industry.