Tebchaws Asmeskas. Securities and Exchange Commission has ended its nearly four-year investigation into electric vehicle startup Faraday Future, ib qho txiaj ntsig tsis tshua muaj nyob rau hauv keeb kwm poob qis hauv lub koomhaum kev tswj hwm kev ua.
Plaub qhov chaw paub txog qhov teeb meem tau hais rau TechCrunch tias SEC tau qhia rau lub tuam txhab thiab cov tib neeg koom nrog kev kaw lub lim tiam no. Kev tshem tawm yog qhov txawv txav-a 2020 kev tshawb fawb pom tias hais txog 85% ntawm cov hom phiaj uas tau txais “Wells Notice” xaus rau hauv tsev hais plaub nrog SEC. Lub Xya Hli Ntuj dhau los, SEC cov neeg ua haujlwm tau tshaj tawm tsab ntawv ceeb toom zoo li no rau Faraday Future thiab nws tus tsim Jia Yueting, pom zoo tswj kev nqis tes ua.
Kev tshawb nrhiav tau tsom mus rau seb Faraday Future puas tau ua cov lus tsis tseeb thiab yuam kev thaum lub sijhawm nws 2021 SPAC sib koom ua ke, nrog rau kev iab liam los ntawm cov neeg ua haujlwm yav dhau los whistleblowers tias lub tuam txhab faked thawj qhov kev xa khoom ntawm nws cov tsheb hluav taws xob hauv 2023. Thaum lub sijhawm sojntsuam, the SEC issued multiple subpoenas and conducted depositions with former employees and executives in 2024 thiab 2025.
Faraday Future said in a statement that it will now focus entirely on strategy execution. Founder Jia Yueting noted that the company had spent significant time, effort, and money over the past five years cooperating with the investigation. The SEC also confirmed it will not take action against any of the company’s executives.
Founded in 2014, Faraday Future was once seen as a potential “Tesla challenger.” After facing cash shortages, its founder’s debt crisis in China, and a collapsed partnership with major investor Evergrande, the company went public in 2021. Txawm li cas los xij, an internal investigation later revealed that executives had downplayed Jia’s control over the company—findings that were shared with the SEC and ultimately led to a broader regulatory probe.
Although the SEC and Department of Justice have now closed their inquiries, Faraday Future continues to face operational challenges. Last Friday, the company received a warning from Nasdaq about potential delisting due to its stock price trading below the $1 minimum requirement.