Faraday Future Intelligent Electric said on Thursday a “misinformation campaign” has affected its fundraising efforts as the startup looks set to start production. FF 91 luxury tram.
“Threats that range from lawsuits have escalated to threats of physical violence and even death threats,” the company said, adding it was working with law enforcement. law to investigate.
Late last month, several Faraday Future employees wrote to the board and shareholders seeking to remove executive chairman Susan Swenson, suspecting her of organized efforts to “push the company forward. into bankruptcy and restructuring”.
The Los Angeles-based firm said a law firm hired to conduct a “thorough independent external investigation” found the “allegations” to be unfounded.
Earlier this week, FF Top Holding – the shareholder with 36% voting rights in the company – filed a lawsuit against the startup seeking to remove Swenson and its director Brian Krolicki.
FF Top did not immediately respond to Reuters’ request for comment.
Amid cooling capital markets, Faraday Future has faced obstacles in raising the capital needed to start car production at its Hanford facility in California.
The electric vehicle startup said in August it was in talks with investors for “significant additional funding in the short term” after raising $52 million in committed capital with the facility. funding up to $600 million.
The company is also facing high costs and supply chain disruptions that have delayed production of the FF 91 to Q4 2022.
