Challenging times: At least a dozen key US executives have departed Faraday in the last nine months.
DETROIT/BEIJING: Electric luxury car startup Faraday Future, one of several Chinese-funded companies taking aim at Elon Musk's Tesla Inc, is throttling back on plans to build vehicles in the United States, the company and public officials said.
Faraday, an affiliate of Beijing-based Leshi Internet Information and Technology Corp , has also pared its planned product portfolio down from seven to two vehicles, according to two sources with direct knowledge of the company's plans.
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