You Searched For "Yueting Jia" and got 20 results
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2 mins read
LeEco goes from massive global launch in the U.S. to cost cutting programs in China to India becoming the company’s future, all in three weeks
LeEco goes from massive global launch in the U.S. to cost cutting programs in China to India becomi…
2 mins read
With 85% of its staff gone, LeEco might soon exit India
Industry experts believe this to be a sign of the start of the end of company’s stint in India. Cos…
2 mins read
LeEco goes from massive global launch in the U.S. to cost cutting programs in China to India becoming the company’s future, all in three weeks
LeEco goes from massive global launch in the U.S. to cost cutting programs in China to India repres…
2 mins read
EV startup Faraday Future targets $3 billion public debut as SPAC craze continues
Faraday Future is helmed by Carsten Breitfeld and is working on the development and production of i…
Matthew Fox
5 mins read
How the man who challenged Tesla went bankrupt
Jia Yueting, or YT, as he was called, started his career in the 1990s as an official in a local tax…
Christian Nguyen
2 mins read
Faraday Future is almost out of money and forcing some workers to take unpaid leave: Report
According to the publication, the automaker has halted some operations at its headquarters in Garde…
Mark Matousek
2 mins read
The billionaire who controls electric-car startup Faraday Future is being pursued by another company he founded for billions in unpaid debt
Leshi Internet Information and Technology, a Shenzen, China-based business Jia founded in 2004, all…
Bryan Logan
2 mins read
A Chinese court froze $182 million in assets linked to the chairman of cash-strapped LeEco
About $2 billion of the funds LeEco received in 2016 came from the Chinese real-estate developer Su…
Bryan Logan
2 mins read
Electric-car startup Faraday Future is suing former top executives who started a rival EV company
A source with knowledge of Faraday's fundraising efforts told Business Insider in December that the…
Bryan Logan
3 mins read
Faraday Future is laying off workers and cutting employee salaries by 20%
A Faraday Future representative told Business Insider that it will reduce the wages of hourly and s…
Mark Matousek
5 mins read
Flush with new cash, embattled electric-car startup Faraday Future hopes to turn the page on a rough 2 years
Faraday Future's top backer, Jia Yueting, drew his line in the sand early, in spring 2016, when he …
Bryan Logan
1 min read
Troubled electric car startup Faraday Future is trying to raise $1 billion
Yueting, the founder of Chinese electronics company LeEco, revealed the company was suffering from …
Danielle Muoio
2 mins read
Faraday Future is trying to cancel a $2 billion investment as it reportedly struggles to pay suppliers
In a statement posted to Twitter on Monday, Faraday said it had met the required conditions to rece…
Mark Matousek
5 mins read
A mysterious trading halt in China is raising concerns about Faraday Future's billionaire backer
Because LeEco is a strategic partner of Faraday Future (FF), and Jia said that he is among the inve…
Bryan Logan
4 mins read
Electric-car startup Faraday Future shakes up its executive ranks amid scramble for cash
Unpaid loan payments prompted a Chinese court to impose a three-year freeze on $182 million in asse…
Bryan Logan
7 mins read
'We are in a precarious situation': The electric-car startup Faraday Future is scrapping its big Nevada factory as its cash crisis deepens
Faraday's recently hired chief financial officer, Stefan Krause, had set out to corral new investor…
Bryan Logan
2 mins read
A Faraday Future investor just hinted the company may reveal its first electric car in January
Yueting broke the news at the Chinese internet company's US launch event at the Palace of Fine Arts…
Danielle Muoio
3 mins read
Faraday Future is reportedly struggling to raise $500 million ahead of a major deadline
People familiar with the fundraising effort told Business Insider this month that Faraday's difficu…
Bryan Logan
2 mins read
Faraday Future's production car appeared to malfunction during its big debut
The Verge reported that Sampson commented on the apparent glitch after the event: "It's a complex s…
Bryan Logan
2 mins read
A Chinese conglomerate struggling with billions in debt is reportedly hounding its own employees for money
A court last year froze hundreds of millions of dollars in assets linked to Jia and his associates …