【Gary Eberhart Archives】
Faraday Future's had a hard time getting its Tesla rival on Gary Eberhart Archivesthe road. This isn't going to help.
The electric vehicle company halted talks with the government of Vallejo, California, on Friday to build a second factory there, according to the San Francisco Chronicle.
SEE ALSO: Does This New Electric Bike Get Your Wheels Turning?Faraday's plan now is to focus on finishing its $1 billion factory in the northern part of Las Vegas. That factory has itself been beset by cash problems. Construction paused in November because the company couldn't pay contractors to finish the job, and only resumed after Faraday settled for a smaller building.
Originally pegged at 3-million square feet, the factory will now be less than 25 percent that size, though the company says it'll eventually get to 3-million square feet.
Faraday says it'll be done with its smaller factory this fall, though its track record up to this point ain't great. In late 2016, it reported spending $160 million on, as Jalopnikput it at the time, "moving dirt around and not much else."
Part of the problem stems from LeEco, the company that serves as Faraday's Chinese backer, which itself is going through growing pains. LeEco began as something like Netflix and has expanded to other businesses such as electric vehicles in its 13-year existence.
But that expansion is now rolling back due to the company's public cash issues. LeEco had planned to burst onto the Silicon Valley scene with a 49-acre plot meant to house 12,000 employees -- but it sold that land less than a year after taking it off Yahoo's hands.
Faraday Future has plans to start building its Tesla rival by 2018, but, that goal seems to keep rolling back.
Featured Video For You
Faraday Future rolls out production car, the FF 91, in rock star fashion
Topics Electric Vehicles Tesla
Search
Categories
Latest Posts
How to use 'Shake to Undo' typing on iPhone
2025-06-26 10:54Delta variant is stoking anger at the unvaccinated. It should.
2025-06-26 09:36NBC's Peacock app was a popular Olympics download, but it was a mess
2025-06-26 09:09Popular Posts
Trump signs AI education order to train K
2025-06-26 10:45President Trump says semiconductor tariffs are next
2025-06-26 09:12Featured Posts
Norrie vs. Diallo 2025 livestream: Watch Madrid Open for free
2025-06-26 11:08WhatsApp won't use Apple's child abuse image scanner
2025-06-26 10:14Why the Dixie Fire won't stop burning
2025-06-26 10:13Fisherman's catch promptly stolen by a cheeky crocodile
2025-06-26 09:25Your 'wrong person' texts may be linked to Myanmar warlord
2025-06-26 08:51Popular Articles
Instagram will now let users limit interactions from non
2025-06-26 10:55Kim Kardashian sticks up for Khloe in a tweet targeting Lamar Odom
2025-06-26 09:21Trump said he's against birth in the 9th month of pregnancy
2025-06-26 08:54Big-League Bluster
2025-06-26 08:39Newsletter
Subscribe to our newsletter for the latest updates.
Comments (4656)
Evergreen Information Network
Best Kindle Unlimited deal: Get 3 months of Kindle Unlimited for 99 cents
2025-06-26 10:55Micro Video Information Network
Women running for political office dominate 'Time' magazine cover
2025-06-26 10:55Highlight Information Network
If Trump's tweets have this much influence over foreign policy, we're all screwed
2025-06-26 10:18Style Information Network
'Golden' is an insightful and necessary post
2025-06-26 10:02Reality Information Network
Amazon Book Sale: Shop early deals now
2025-06-26 09:56