investigated by the law firm

The focus of the BLB&G investigation is whether Faraday Future disclosed misleading information about its ability to produce electric vehicles to investors. The reason for BLB&G’s investigation was a report issued by the short-selling agency J Capital Research on October 7, local time. This 28-page report stated that Faraday is unlikely to sell in the future. Go to a car. The report pointed out that after 8 years of establishment, Faraday Future “failed to deliver a car”, “failed to fulfill its promise to build production plants in 5 locations in China and the United States,” and “was sued by dozens of suppliers for not paying for the goods.” “It did not disclose the information that assets in China were frozen by the court.”

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