Faraday Future is making frequent moves. Is Jia Yueting’s car dream about to come true again?

Since he was nicknamed "returning to China next week", Jia Yueting's news on the Internet has been mostly negative, mostly focusing on his debts and LeTV's difficulties. But in fact, Jia Yueting's "car-making dream" has not stopped, and Faraday Future's business has been operating normally in recent years.

Recently, Jia Yueting posted a message on WeChat Moments, announcing that Faraday Future has welcomed a new Chief Financial Officer (CFO), Zvi Glasman, and expressed his hope that Glasman can actively promote FF's vision of product delivery and company financing.

It is reported that Glasman has more than 30 years of professional experience and nearly 20 years of CFO background. Before joining Faraday Future, Glasman served as CFO of Fox Factory Holdings, a company with a market value of US$4.5 billion, for 12 years and led the company to complete its IPO and secondary offering. During his tenure, Fox Factory Holdings' stock price increased fivefold, and its revenue compound annual growth rate reached 19%.

Although the mass production of his car models has encountered many obstacles, Jia Yueting has never given up his dream of making cars.

After the domestic cooperation with Evergrande Group and The9 failed in 2018 and 2019, according to Tianyancha data, a company called FF Automobile (Zhuhai) Co., Ltd. was registered in the Hengqin New District of Zhuhai City. Its shareholder is FF Hong Kong Company, its legal representative is Jia Chentao, and its supervisor is LeTV Auto veteran Ren Yong.

Although the "LeEco model" has been disproven, does Faraday Future's frequent moves mean that Jia Yueting's dream of making cars will soon come true? Let's wait and see.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.