Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Tech and Science > Faraday Future founder named co-CEO three years after being sidelined by internal probe
Tech and Science

Faraday Future founder named co-CEO three years after being sidelined by internal probe

Last updated: April 24, 2025 8:55 pm
Share
Faraday Future founder named co-CEO three years after being sidelined by internal probe
SHARE

Facing Turmoil, Faraday Future Appoints Founder Jia Yueting as Co-CEO

Struggling electric vehicle startup Faraday Future has made a bold move by appointing founder Jia Yueting as the company’s co-CEO, marking a significant development three years after he was sidelined due to allegations of fraud that triggered an internal probe and an ongoing investigation by the Securities and Exchange Commission.

In a press conference held on Thursday, Faraday Future announced that Jia will work alongside current CEO Matthias Aydt, overseeing the company’s finance, legal, and supply chain departments. Aydt, a seasoned Faraday Future employee, had previously faced scrutiny for offering a board member a substantial sum to resign during a power struggle within the company.

The decision to bring Jia back into a leadership role comes shortly after the appointment of his nephew, Jerry Wang, as president of the EV startup. However, Wang’s tenure was short-lived as he resigned amidst the internal probe for failing to cooperate with the investigation, as disclosed in filings with the Securities and Exchange Commission.

Founded by Jia in 2014, Faraday Future emerged as an ambitious venture following the collapse of his electronics and media streaming empire in China. With a vision to revolutionize the automotive industry, the company invested over $3 billion in developing the ultra-luxury EV known as the FF91. Despite significant investment, Faraday Future has faced challenges in achieving substantial sales, with lawsuits alleging misrepresentation of sales figures.

See also  The future is here: CPD drone tracks gunman near Soldier Field, reports say - CWB Chicago
TAGGED:coCEOFaradayfounderFutureInternalNamedProbeSidelinedYears
Share This Article
Twitter Email Copy Link Print
Previous Article ‘Very relieved’: Greymouth boil water notice finally lifted ‘Very relieved’: Greymouth boil water notice finally lifted
Next Article Lucky Blue and Nara Smith Make a Crispy Chicken Sandwich—and Several Confessions—for Vogue Lucky Blue and Nara Smith Make a Crispy Chicken Sandwich—and Several Confessions—for Vogue
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Using a fan can make older adults hotter in a dry heat

Montreal Heart Institute-led research has shed light on the impact of electric fan use on…

July 31, 2025

Taylor Swift Explains Why She’ll Never Go to Space Like Katy Perry

Taylor Swift may have achieved global stardom, but she’s not interested in interstellar travel —…

October 6, 2025

When “The Subway Sun” Ruled NYC’s Underground

The Subway Sun: A Look Back at NYC's Iconic Subway Campaign Long before the New…

May 15, 2025

Air Force Saves $10 Billion Under Trump’s Leadership |

Air Force Achieves $10 Billion in Savings Pete Hegseth has gathered us today, proudly sitting…

July 17, 2025

Voter Fraud Alert: Over a Dozen Mailed Ballots Intercepted and Cast Fraudulently in Mesa County, Colorado — Criminal Investigation Underway After 3 Fraudulent Votes Counted |

Mesa County, Colorado Faces Voter Fraud Scandal Screenshot Mesa County, Colorado, known for its "secure…

October 24, 2024

You Might Also Like

Worlds Apart Crossword
Tech and Science

Worlds Apart Crossword

October 10, 2025
Lasers made muon beams, no massive accelerator needed
Tech and Science

Lasers made muon beams, no massive accelerator needed

October 10, 2025
Convicted Killer Who Was Released 13 YEARS EARLY After Murdering 6-Year-Old Boy ARRESTED Again in Florida Just One Week After Release | The Gateway Pundit | by Jim Hᴏft
Politics

Convicted Killer Who Was Released 13 YEARS EARLY After Murdering 6-Year-Old Boy ARRESTED Again in Florida Just One Week After Release | The Gateway Pundit | by Jim Hᴏft

October 10, 2025
Brain scans reveal where taste and smell become flavor
Tech and Science

Brain scans reveal where taste and smell become flavor

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?