Posted in Autonomous, china, Electric Vehicles, Faraday Future, LeEco, Reports LeEco And Faraday Future Owners Running Out Of Cash Author: Bogdan Zoltan Published Date: November 11, 2016 LeEco is currently facing financial difficulties due to their rapid expansion in various businesses, but what does this mean to the automotive industry? Read more ยป Related News Faraday Future Says LeEco Jobs Cuts Won't Affect ItOn Tuesday, the main financial backer of Faraday Future, Chinese company LeEco, slashed its U.S. workforce by 70 per cent.… Faraday Backer LeEco Slashes U.S. JobsChinese company and financial backer of Faraday Future, LeEco, has slashed 70 per cent of its workforce in the United… Faraday Future Looking To Raise $1 Billion As Main Backer LeEco StrugglesFaraday Future is reportedly looking to raise $1 billion in a bid to protect itself from the financial problems of… Faraday Future Could Drop Out Of Formula E To Save CashFaraday Future has been facing its fair share of struggles and the latest news continues to paint a pretty bleak…