Faraday has been plagued with financial troubles, has only produced the FF 91 in limited quantities since 2023 and delivered them to B-list celebrities, and is now pivoting to rebadged Chinese minivans
Faraday sold its headquarters in 2019, the same year the company's founder filed for personal bankruptcy and stepped down from his role as CEO. Since then, Faraday Future has leased the property, but was sued by its landlord, Rexford Industrial, in February 2024 due to late payments. The suit was settled in April, and at the time, the lease was set to expire by the end of September 2025.
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