Founder has money troubles but a "dream to revolutionize the auto industry."
It may not pose a threat to Tesla anytime soon.
With the company's lofty goals, it was only a matter of time before money became an issue.
LeEco shows off the LeSee EV, with autonomous driving and self-parking capabilities.
Chief battery architect Porter Harris leaves Faraday Future for a job with Lotus R&D, which focused on "novel technologies" on earth and in space.
Chinese tech billionaire Jia Yueting is trying to get a license to build electric cars in China, and he thinks that they could be a revolution there. Even if Jia doesn't make it, other companies are getting ready to jump into China's emerging EV marketplace.