Faraday Future FF 91 Prototype Burnt To The Ground Two Weeks Before CEO Fired | Carscoops

The cause remains unclear, but the publication reported the prototype caught fire on Monday, November 14th. The report goes onto say the vehicle was “fully engulfed” when fire fighters arrived, but they were able to quickly extinguish the blaze.

Our tipster claimed the vehicle was “having issues” and caught on fire a few hours after leaving the company’s plant in Hanford. We haven’t been able to verify that and Faraday Future hasn’t responded to our questions about the fire or whether or not the prototype had any known problems.CEO Carsten Breitfeld was ousted

by Faraday Future’s Board of Directors. Our tipster suggested the two events were connected and one of the reasons for Breitfeld’s removal. That being said, the company’s original statement on the firing chalked it up to a comprehensive evaluation of Faraday Future’s performance since it went public last year. As we have previously reported, the company’s stock has dropped nearly 98% as drama and delays have overshadowed theNumerous automakers have seen their prototypes go up in smoke, but Faraday Future had been claiming deliveries would begin before the end of the year.

The need for funding is a common refrain from Faraday and the company’s third quarter results painted a bleak picture as it revealed they only had $32 million in cash. Making matters worse, Faraday Future is expecting to “generate significant operating losses for the foreseeable future as we continue to incur expenses before generating meaningful revenue.”

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