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Faraday Future, the Faraday Future Electric vehicle company controlled by Jia Yueting, did not get other financing soon after it lost its Evergrande investment. Jia Yueting did not give up building cars, and FF sold its Los Angeles headquarters in addition to land in Nevada.

According to the latest news from foreign media, according to a property document, FF has just sold its Los Angeles headquarters in order to prepare funds to continue to help the company maintain its operations.

A subsidiary of New York real estate company Atlas Capital acquired FF's Los Angeles headquarters on March 8 and immediately re-leased the building to FF for an undisclosed amount, the document said. The exact amount of the sale was not disclosed in the document.

After FF spent $800m of Evergrande's initial investment, the two sides disagreed on the follow-up financial support and the company's voice. Jia Yueting, the actual shareholder of FF, and Evergrande finally broke up in discord. Evergrande withdrew the subsequent funding commitment of $1.2 billion, and the one-year cooperation did not bear fruit, and FF 91 failed to achieve mass production as scheduled.

In order to cope with the financial difficulties, FF laid off some of its employees at the end of last year and implemented a pay cut and leave system to keep the company running. FF has about 250 employees at its Los Angeles headquarters, according to employees.

On March 14, FF also announced its decision to sell 900 acres (5463 acres) of land in North Las Vegas, Nevada, for $40 million (268 million yuan), which FF called a "difficult decision." But so far, officials have not disclosed whether the land transaction has been completed. Earlier, the production site of FF 91 has been relocated to the Hanford plant in California.

Now that FF's headquarters is sold to maintain its business, it seems that FF is indeed having a big financial problem.

John Schilling, FF's communications director, confirmed the sale of the company's headquarters in an email. "like selling properties in Las Vegas, the sale of our Los Angeles headquarters is part of our strategy to optimize our business, as we devote all our resources to the core goal of delivering FF 91 later this year," he said.

Jia Yueting said when updating his moments before the Spring Festival, "as the first achievement of FF innovation, FF 91 is only a step away from mass production, so it is time to be ready to be tested by the market and users."

Nearly two years after jumping tickets, FF is still "surviving with a broken arm".

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