【Gary Eberhart Archives】

2025-06-26 11:24:30 313 views 22458 comments

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.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

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

Comments (4656)
Evergreen Information Network

Best Kindle Unlimited deal: Get 3 months of Kindle Unlimited for 99 cents

2025-06-26 10:55
Micro Video Information Network

Women running for political office dominate 'Time' magazine cover

2025-06-26 10:55
Style Information Network

'Golden' is an insightful and necessary post

2025-06-26 10:02
Reality Information Network

Amazon Book Sale: Shop early deals now

2025-06-26 09:56
Search
Newsletter

Subscribe to our newsletter for the latest updates.

Follow Us