Faraday Future Boss Accused Of Making $75 Million Trust Fund For His Kids With Company Money

Electric car startup Faraday Future is closing out 2017 in a very precarious position, something The Verge captures in a spellbinding story today on the company’s financial state. One of the new bits uncovered by the outlet is that Faraday’s main financier, Jia Yueting, is suing a software developer who accuses Jia of…

'Accidental Billionaire': How The Outlandish Ambition Of Faraday Future's Financier Brought The Startup To Its Knees 

In Rancho Palos Verdes, an affluent suburb of Los Angeles, there’s a 7,800 square foot mansion that sits atop a picturesque bluff, offering sweeping views of the Pacific Ocean. Across two stories, the home contains six bedrooms, seven bathrooms, a three-car garage, and privacy. Google Maps doesn’t offer a streetview…