Faraday Future found the money, but still will not release "killer Tesla». Why?

Chinese manufacturer Faraday Future cars, which until recently was considered the main competitor Tesla Elon Musk, is still able to find a new partner for the production of electric vehicles. The company will create a joint venture with the gaming corporation The9, which will become its main investor. Despite this, the future of Faraday Future remains hazy, and not only because of the tiny car measures the initial investment of $ 5 million.

Faraday Future found the money, but still will not release

It is assumed that under certain conditions (no - not reported), investment will grow to $ 600 million. With this money FF wants to release a serial electric car V9, which will be built on the basis of FF91 car. It sounds optimistic, but until the case is unlikely to reach - it already shows a number of facts.

Firstly, the Chinese game company The9 material can not provide such a large amount of investment. If you look at its capitalization, the company is worth on the stock exchange a little more than $ 100 million. In addition, representatives of both companies made promises to release 300 thousand cars a year, even with its Tesla turns produces about 250,000 cars in the period.

It seems, Faraday Future is in serious trouble, and such partnerships wants to attract the money of foreign investors. Financial problems at the manufacturer of electric vehicles began in 2016 - all the fault of the many trials and founder debts Faraday Future. The last time the company reached an agreement on investment with the Chinese holding company Evergrande Health. But even here, not everything went smoothly after Faraday Future has received 800 million dollars from 2 billion investment, she immediately asked for the remaining amount, although the contract was supposed to get the money within two years. As a result, the investor terminated the deal, and manufacturer of electric vehicles remained without borrowed funds. It is a pity, because the idea was grandiose. FF91 at the presentation of the car had a power plant of a thousand horsepower and a battery could last for 600 kilometers. Lidar at FF91 are hidden under the hood and retract when not in use, and even the machine "learns" the owner and when he comes, she opens the door for him. What is not a "killer" Tesla? That's just all this, apparently, will remain a dream chapter FF.

By the way, more officers Elon Musk with pleasure a few years ago moved into the Faraday Future, but now engineers, more recently worked in the FF, go to work in Tesla.

If you have something to say about this news - feel free to write in the comments. Also, do not forget to join our chat-Telegram, where at any time you can discuss topics with other readers of the site.