cwerdna
Gold Member
Posts: 6710
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Faraday Future's Big Reveal

Sun May 21, 2017 6:12 pm

LeftieBiker wrote:Unless they made the LeCar (joke) I've never heard of them before this.

They were both pushing LeSEE (https://techcrunch.com/2016/09/20/china ... ports-car/ and https://www.engadget.com/2016/04/20/lee ... car-china/) AND Faraday Future.

They were also trying to buy Vizio before that fell through: https://www.theverge.com/2017/4/10/1524 ... -cancelled.

It seems unlikely either vehicle will ever ship or will ever ship in significant quantities before the company either goes BK or sales and support are dropped.

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cwerdna
Gold Member
Posts: 6710
Joined: Fri Jun 03, 2011 4:31 pm
Delivery Date: 28 Jul 2013
Location: SF Bay Area, CA

Re: Faraday Future's Big Reveal

Wed May 24, 2017 12:43 am

cwerdna wrote:
LeftieBiker wrote:Unless they made the LeCar (joke) I've never heard of them before this.

They were both pushing LeSEE (https://techcrunch.com/2016/09/20/china ... ports-car/ and https://www.engadget.com/2016/04/20/lee ... car-china/) AND Faraday Future.

They were also trying to buy Vizio before that fell through: https://www.theverge.com/2017/4/10/1524 ... -cancelled.

It seems unlikely either vehicle will ever ship or will ever ship in significant quantities before the company either goes BK or sales and support are dropped.

LeEco cuts 325 U.S. employees, will focus on Chinese-speaking consumers
http://www.cnbc.com/2017/05/23/leeco-la ... umers.html
LeEco confirmed on Tuesday that it will lay off the bulk of its U.S. workforce, as CNBC first reported Monday evening. According to CNET, the company is cutting 325 employees, or 70 percent of its workforce. LeEco did not immediately respond to CNBC's request for comment.

LeEco cuts most of US workforce as it continues its downward spiral
https://www.theverge.com/2017/5/23/1568 ... re-funding

LeEco slashes 325 jobs, layoffs hit San Jose workforce
http://www.mercurynews.com/2017/05/23/l ... workforce/

Besides LeSEE and funding Faraday Future. Someone reminded me they were also helping fund Atieva, now called Lucid Motors.
https://www.recode.net/2016/10/20/13341 ... h-december (from Dec 2016):
Questions, however, remain about Atieva’s ownership and future. Its board and management remain conflicted about the direction of the company. Chinese technology company LeEco has a stake in Atieva, but also controls rival EV startup Faraday Future.

LeEco’s founder Jia Yueting announced today that Faraday Future would be unveiling its first production car at the Consumer Electronics Show in January, and that LeEco itself is moving forward with a semi-autonomous electric car called the LeSee Pro.

'13 blue Leaf SV w/premium package (owned)
'13 blue Leaf SV w/QC + LED & premium packages (lease over, car returned)
'06 Prius

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