EV Fan
11-08-2016, 07:13 PM
LeEco’s co-founder has admitted to turbulent financial conditions that may pull back the Chinese technology conglomerate’s plans to compete in electric “supercars” through its LeEco and Faraday Future ventures. In a letter to employees obtained by Bloomberg News, company co-founder Jia Yueting admitted that the company is running out of cash through its rapid expansion. […]
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