'Faraday Future' Founder Flounders and files for bankruptcy.

The Faraday FF91. 0 to 60 in 2.39 seconds and around 1000 Horse Power

Faraday which is based in the USA is still hiring and still saying everything is rosy, but is it. The founder, a certain Jia Yueting faces $2.3 billion in claims, according to the plan. On Faraday’s website, the company said Jia’s debts were owed to creditors in China.

Faraday won a much-needed cash infusion when it formed a joint venture earlier this year with The9 Ltd., the Chinese online-gaming company. A unit of China Evergrande Group, the property developer owned by Hui Ka Yan, China’s third-richest man, pursued a $2 billion investment last year, that failed.