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Uh oh for Faraday Future

Discussion in 'Electric Vehicles' started by JeffK, Jul 5, 2017.

  1. JeffK

    JeffK Well-Known Member

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  2. cdub

    cdub Future Model 3 owner / Current original Leaf owner

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    It's been uh oh for a long time. None of those cars or Lucid will EVER see the light of day.
     
  3. JeffK

    JeffK Well-Known Member

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    Lucid is at least a little more financially separated from LeEco *supposedly*.
     
  4. cdub

    cdub Future Model 3 owner / Current original Leaf owner

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    But they're both tied to the guy who just got his assets frozen right? So that's not good.
     
  5. teslasuperfan

    teslasuperfan Member

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    He is only a minority investor in Lucid. Other investors in Lucid are Venrock, Mitsui, Tsing Capital, etc.
     
  6. RobStark

    RobStark Active Member

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    A "little?"

    FF is a subsidiary of LeEco.

    LeEco owned about 7% of Lucid Motors. And was looking to liquidate last I read.

    Venrock, the venture-capital arm of the Rockefeller family, and Japanese conglomerate Mitsui own almost half of Lucid Motors. Tsing Capital of China also also owns about a fifth.
     
  7. brianman

    brianman Burrito Founder

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    I really hope Lucid succeeds in at least making more vehicles than Tesla made Roadsters. I have zero confidence any Faraday product will be purchased for < $200k USD by > 5 people.
     
  8. Cosmacelf

    Cosmacelf Active Member

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    There are many things that I will only believe exist when I can buy them. Among them are batteries with amazing new energy density, self driving cars, artificial intelligence, and any announced long range EV. Kudos to Tesla and GM for actually shipping some of those.
     

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