text

Faraday Future struggling to raise $500 million ahead of headline

FaradayFutureissaidtoberunningupagainstaDecemberdeadlinetoraise$500millioninwhathassofarbeenanunsuccessfulSeriesAround.AccordingtoaBloombergreportpublishedMonda

text

LeEco cuts most of US workforce as it continues its downward spiral

ChineseconglomerateLeEcoislayingoffamajorityofitsUSworkforce,thecompanyannouncedtoday.Around70percent,or325employees,willbecutfromitsStatesideoperations,withLeE