Tesla Rival Fights to Survive

An electric vehicle startup whose design has drawn comparisons to the Batmobile is on the ropes, and it’s not the first time.

Faraday Future Intelligent (FFIE) has had several lives in its very young and short history.

Since its founding in 2014, the startup has always been on the brink of financial abyss.

The problem is always the same: will the fledgling electric vehicle manufacturer ever be presented as a potential rival to Tesla? (TSLA) , survive? The question comes back every quarter. And the second quarter is no exception, as the company just released quarterly results reflecting a disastrous financial situation.

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