Former Faraday executive reveals: Jia Yueting won’t be able to pay salaries next year

While many people are waiting for their company's year-end bonuses at the end of the year, as well as promotions and salary increases for the coming year, the Faraday Future employees who are still helping Jia Yueting build cars in the United States are obviously not so lucky.

Recently, four former senior executives who have resigned from Faraday revealed that if Jia Yueting fails to successfully find new investors for Faraday Future, Faraday's current funds can only maintain employee salaries until the end of this year without new capital injection.

There are rumors that Jia Yueting will not be able to pay his American employees' salaries next year. Some former Faraday employees have revealed that in fact, throughout 2017, the funds on Faraday's books were basically spent as soon as they arrived. It can be seen that Faraday's current operating conditions may not be much better than LeTV, which has been reduced to "selling buildings to survive" in China.

As for Faraday Future's official attitude, only a spokesperson briefly responded that as a private company, Faraday Future will not disclose its financial situation to the public or to its investors.

However, according to information from multiple sources, although Faraday Future still has many ordinary employees remaining in the company, they have already privately planned to find other ways out, and many employees have even chosen not to go to work in the company.

Faced with the situation that the electric car company Faraday may become the "American version of LeTV", Jia Yueting, as the company's main investor, is still trying his best to raise money for the company. Even former employees who exposed negative news about the company admitted that Jia Yueting's depth of involvement in the company's affairs is far higher than that of ordinary investors.

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.