Faraday Future founder wraps up personal bankruptcy

Jia Yueting, co-founder and head of Le Holdings Co Ltd, also known as LeEco and formerly as LeTV, unveiled an all-electric battery concept car called LeSEE in Beijing in April. (Reuters)

By:

Reuters

July 02, 2020 03:54 PM

BEIJING -- Jia Yueting, founder of Leshi Internet and electric vehicle maker Faraday Future, said on Thursday his personal bankruptcy process was complete and that a trust would be established to compensate Leshi shareholders.

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