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Once-promising Tesla rival Faraday Future hits roadblock amid CEO’s $800M controversy
Once-promising and outspoken Tesla rival Faraday Future has hit another roadblock, as CEO Jia Yueting is being accused by an investor of spending $800 million worth of funds and then attempting to back out of the deal. The investor in question, the healthcare division of Chinese real estate group Evergrande, has noted that it will take “all necessary actions” to protect itself and its shareholders.
Faraday Future has been beset by multiple delays and problems over the past years. Once the company that is branding itself as a startup that would dethrone Tesla from its place in the premium electric car market, the electric car startup has met a slew of problems, from dire financial straits to an exodus of key executives. In addition, Faraday Future’s first vehicle, the ultra-luxury FF 91 SUV, has yet to start production.
Faraday Future received a much-needed lifeline at the end of 2017 by securing a $2 billion investment from Evergrande Health–a subsidiary of property developer China Evergrande Group. Evergrande noted that it had agreed to buy Season Smart Ltd, a firm which owns 45% of Faraday Future, for $860.2 million. The Chinese property developer also agreed to pay Faraday Future $1.2 billion in two installments which are due in 2019 and 2020.
This Sunday, Evergrande revealed that it had signed a supplemental agreement to pay the electric car maker $700 million ahead of schedule. And now, Evergrande noted that Faraday Future CEO Jia Yueting had initiated an arbitration at the Hong Kong Arbitration Center against the Chinese firm, claiming that the promised payment was not fulfilled. Reuters noted that the CEO’s arbitration aims to deprive Evergrande rights as a shareholder for electric car startup as well.
Its trouble with Evergrande is just one of the company’s concerns. Speaking with former employees of the electric car startup, The Verge has noted that Faraday Future is allegedly struggling once more despite the company having spent around $800 million. Due to the company’s alleged financial troubles, the former FF employees claimed that vendors and suppliers had not been paid, and layoffs are being considered. In what seems to be a stroke of misfortune, the company’s first pre-production version of the FF91 reportedly caught fire in late September after the vehicle was showcased at a “Futurist Day” event for employees and their families.
Much of Faraday Future’s troubles are connected to the activities of its CEO. Last year, Jia found himself in China’s official “Blacklist” for credit defaulters. Due to his assets being frozen in China, the Faraday Future CEO currently resides in the United States. His handling of the electric car startup has been polarizing at best. Last year, for example, a disagreement between Jia and Faraday Future’s then-CFO turned public, compromising an attempt to restructure the company through bankruptcy.
It remains to be seen if Faraday Future could eventually get the vehicle to market. When the FF 91 was unveiled, the electric car startup compared it favorably against the Tesla Model S P100D. The FF 91 is a large SUV has a 0-60 mph time of 2.4 seconds, a 130 kWh battery pack, and a range of 289 miles per charge. The vehicle also features a number of nifty tricks, such as LiDAR for self-driving capabilities and four-wheel steering, which gives the vehicle impressive maneuverability.
News
Tesla plans to use Unreal Engine for driver visualization with crazy upgrade
This could change the way Driver Visualization looks for Tesla owners.

Tesla looks to be planning a major upgrade to its driver visualization for Autopilot with a crazy upgrade from its current version.
Tesla’s driver visualization appears on the center screen and shows the vehicle, its surroundings, and, when it is operating on Autopilot or Full Self-Driving, shows the route of travel.
It has improved over the years, and even includes things like pedestrians, pets, and the shapes of other vehicles. It also helps with manual driving because it can be a good representation of your surroundings when trying to change lanes or merge in traffic.
However, it appears Tesla is planning a pretty substantial upgrade with the
Coding found in the 2025.20 firmware by Tesla hacker greentheonly showed the company is planning to utilize Unreal Engine for Autopilot visualization. He said the one Tesla currently uses is “godot-based.”
Hm, I did not notice it at first, but it looks like Tesla is adding unreal-engine based AP viz (the one you see today is godot-based).
The binaries are already shipping starting from firmware 2025.20 only on amd-based s and x cars for nowtime to see if that could be activated…
— green (@greentheonly) August 8, 2025
Unreal Engine is a 3D computer graphics game engine that was developed by Epic Games, the developer of the popular third-party shooter game Fortnite. It was first released back in 1998, and the most recent version is Unreal Engine 5. The sixth version is in development, and it could be out in 2027 or 2028.
However, Tesla could use it for a more realistic representation of vehicle surroundings. It would undoubtedly improve driver visualization, creating a smoother and freer-flowing depiction of what is outside of the car.
Tesla’s Autopilot visualization could look like this with Unreal Engine https://t.co/OOKNpeDM6F pic.twitter.com/mnjaxW36tO
— The Tesla Newswire (@TeslaNewswire) August 13, 2025
News
SpaceX is rolling out a new feature to Starlink that could be a lifesaver
Starlink now has a new Standby Mode that will enable low-speed internet access in the event of an outage.

SpaceX is rolling out a new feature to Starlink that could be a lifesaver in some instances, but more of a luxury for others.
Starlink is the satellite internet service that Elon Musk’s company SpaceX launched several years ago. It has been adopted by many people at their homes, many airlines on their planes, and many maritime companies on their ships.
It has been a great way for customers to relieve themselves of the contracts and hidden fees of traditional internet service providers.
Now, Starlink is rolling out a new service feature on its units called “Standby Mode,” which is part of Pause Mode. The company notified customers of the change in an email:
“We’re reaching out to you to let you know the Pause feature on your plan has been updated. Pause now includes Standby Mode, which comes with unlimited low-speed data for $5.00 per month, perfect for backup connectivity and emergency use. These updates will take effect in 30 days. All of your other plan features remain the same. You are able to cancel your service at any time for no charge.”
SpaceX did not define how fast these “low speeds” will be. However, there are people who have tested the Standby Mode, and they reported speeds of about 500 kilobytes per second.
The mode is ideal for people who might deal with internet or power outages, but still need to have some sort of internet access.
It could also be used as a backup for people who want to stay with their ISP, but would like to have some sort of alternative in case of an outage for any reason.
Elon Musk
Elon Musk says this essential Tesla Robotaxi feature will be here soon
Tesla will work to solve automatic parking at available Supercharger stalls with future updates.

Elon Musk reiterated that one feature, which is ultimately an essential part of the operation of the Tesla Robotaxi platform, will be here soon.
Tesla released a new video of its longest Full Self-Driving demo yesterday, showing off a zero-intervention drive from San Francisco to Los Angeles. The drive is roughly seven hours and 360 miles long, and not a single need for the driver to touch the wheel was recorded.
Tesla flexes its most impressive and longest Full Self-Driving demo yet
There was one question that was brought up by an owner that brings up an interesting point. Tesla still needs to solve the vehicle’s ability to pull into Superchargers automatically, something that does not currently have a high success rate, at least for the owner who got a response from CEO Elon Musk.
Musk assured him that a Tesla’s ability to pull into open parking spaces at Superchargers would be more reliable with future software updates. Owners can see how many and which exact stalls are available before traveling to a Supercharger, so Teslas should be able to identify these stalls and pull in automatically:
Yeah, it will work essentially perfectly with future software updates
— Elon Musk (@elonmusk) August 12, 2025
This is a small part of what will be imperative for the charging experience when Robotaxi launches in the coming years. Tesla plans to enable customer-owned cars to potentially enter the Robotaxi fleet and become an autonomous ride-sharing vehicle by next year.
However, it still needs to figure out autonomous charging. There are two parts to that process: pulling into the spot and charging without human need to connect the Supercharger to the vehicle.
Tesla used to consider a robotic snake-arm charger for this, but it has talked about induction charging more recently. Wireless charging seems to be the route that Tesla plans to go, but it might take some time to resolve the energy loss issue and make it an efficient charging method.
Tesla flexes Robotaxi wireless charging — autonomy from top to bottom
Tesla has said its wireless charging efficiency is “well above 90 percent.”
Nevertheless, Tesla is still working toward figuring out all of the edge cases of Robotaxi operation. Figuring out charging without the need of a human is just one part of the puzzle it still has yet to solve, but with its improvements over the past few years, there’s no doubt Tesla will find the missing piece.
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