{"id":665219,"date":"2025-04-25T06:40:21","date_gmt":"2025-04-25T03:40:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/faraday-future-founder-named-co-ceo-three-years-after-being-sidelined-by-internal-probe\/"},"modified":"2025-04-25T06:40:21","modified_gmt":"2025-04-25T03:40:21","slug":"faraday-future-founder-named-co-ceo-three-years-after-being-sidelined-by-internal-probe","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/faraday-future-founder-named-co-ceo-three-years-after-being-sidelined-by-internal-probe\/","title":{"rendered":"Faraday Future founder named co-CEO three years after being sidelined by internal probe"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Troubled electric vehicle startup Faraday Future\u2019s board of directors has <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointed founder Jia Yueting as the company\u2019s co-CEO, three years after he was sidelined <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-04-14\/faraday-future-limits-founder-s-role-after-completing-probe\">following an internal probe<\/a> into allegations of fraud \u2014 a probe that led to a investigation by the Securities and Exchange Commission that remains ongoing.<\/p>\n<p class=\"wp-block-paragraph\">Jia will serve alongside current CEO Matthias Aydt and will oversee Faraday\u2019s finance, legal, and supply chain teams, the company <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=KA1jwIWUHNk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced<\/a> in a press conference Thursday. Aydt is a longtime Faraday Future employee who was once placed on probation after he <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1805521\/000162828024025420\/ffie-20231231.htm\">offered to pay a Faraday Future board member<\/a> up to $700,000 to resign in the middle of a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-11-02\/faraday-future-ffie-burns-cash-board-seats-under-founder-jia-yueting?embedded-checkout=true\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">months-long power struggle over the company<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Jia\u2019s appointment comes just one month after Faraday Future named Jia\u2019s nephew Jerry Wang as <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investors.ff.com\/news-releases\/news-release-details\/faraday-future-appoints-jerry-wang-president-ff-oversee-various\">president of the EV startup<\/a>. Wang resigned in 2022 as a result of the internal probe because of a \u201cfailure to cooperate with the investigation\u201d according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1805521\/000162828024025420\/ffie-20231231.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">filings<\/a> with the Securities and Exchange Commission. <\/p>\n<p class=\"wp-block-paragraph\">Faraday Future was founded by Jia in 2014 as he looked to build on what was at the time a successful electronics and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> streaming empire in China. <\/p>\n<p class=\"wp-block-paragraph\">That empire collapsed, and Jia self-exiled to the U.S. to focus on Faraday Future. The company has spent the last decade and over $3 billion to develop an ultra-luxury EV called the FF91. But it has only sold around a dozen of them to date, and has been accused in lawsuits of misrepresenting some of those sales.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2025\/04\/24\/faraday-future-founder-named-co-ceo-three-years-after-being-sidelined-by-internal-probe\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Troubled electric vehicle startup Faraday Future\u2019s board of directors has appointed founder Jia Yueting as the company\u2019s co-CEO, three years after he was sidelined following an internal probe into allegations of fraud \u2014 a probe that led to a investigation by the Securities and Exchange Commission that remains ongoing. Jia will serve alongside current CEO&#8230;<\/p>\n","protected":false},"author":1,"featured_media":665220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2022\/04\/GettyImages-630927404.jpg?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[78772,82313,155885,73295],"class_list":["post-665219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-electric-vehicles","tag-evs","tag-faraday-future","tag-transportation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/665219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=665219"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/665219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/665220"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=665219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=665219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=665219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}