Cash-strapped Faraday Future sends some staff on unpaid leave

Cash-strapped automaker Faraday Future on Tuesday said it will send some employees on a temporary unpaid leave due to an ongoing dispute with investor Evergrande Health. According to the company, the investor failed to provide scheduled payments and refused to release company assets. “We recognise the...financial strain this puts on people’s personal lives,” Faraday Future said in its statement.