Friday, December 30, 2016

Faraday Future Leadership In Turmoil

Los Angeles-based electric vehicle developer Faraday Future--which already has been in turmoil--apparently is seeing even more, on reports that another executive at the company has left, following the departure last week of the company's Chief Brand and Commercial Officer, Marco Mattiacci, and VP for Product Marketing and Growth, Joerg Sommer. Faraday Future--which is promising a big announcement at CES in January--also apparently halted work at its factory in Las Vegas in November. The stealthy and secretive company's turmoil is reminiscent of the issues faced by two other, ill-fated Southern California electric car makers--Fisker Automotive and CODA Automotive, several years ago.