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Back|Faraday Future Paid $7.5M to Founder's Affiliate While Under SEC Investigation
Faraday Future Paid $7.5M to Founder's Affiliate While Under SEC Investigation
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TechCrunch·4/30/2026·Business·🇺🇸United States

Faraday Future Paid $7.5M to Founder's Affiliate While Under SEC Investigation

Electric vehicle startup that delivered only four vehicles in 2025 faces questions over related party transactions as SEC drops four-year probe

Quick Look

  • Faraday Future paid approximately $7.5 million in 2025 to FF Global Partners LLC, a company controlled by founder Jia Yueting, while still under SEC investigation into related party transactions.
  • The struggling EV startup, which delivered only four vehicles and lost nearly $400 million last year, made payments including $100,000 monthly consulting fees, a $2 million bonus, and $1.7 million for loan repayments.
  • The SEC dropped its four-year investigation in March despite having recommended an enforcement action last year.

AI-generated summary

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Faraday Future paid approximately $7.5 million in 2025 to FF Global Partners LLC, a company controlled by founder Jia Yueting, while still under SEC investigation into related party transactions. The struggling EV startup, which delivered only four vehicles and lost nearly $400 million last year, made payments including $100,000 monthly consulting fees, a $2 million bonus, and $1.7 million for loan repayments. The SEC dropped its four-year investigation in March despite having recommended an enforcement action last year.

Read the full article on TechCrunch

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This article was originally published by TechCrunch.

Quick Look

  • Faraday Future paid approximately $7.5 million in 2025 to FF Global Partners LLC, a company controlled by founder Jia Yueting, while still under SEC investigation into related party transactions.
  • The struggling EV startup, which delivered only four vehicles and lost nearly $400 million last year, made payments including $100,000 monthly consulting fees, a $2 million bonus, and $1.7 million for loan repayments.
  • The SEC dropped its four-year investigation in March despite having recommended an enforcement action last year.

AI-generated summary

Story signals

News tone
Negative
News value
High
Global impact
National
Urgency
Developing
Follow-up likelihood
Very likely
Relevance window
Weeks

Source & Reliability

Source
TechCrunch
Published
4/30/2026
Last updated
5/15/2026

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