Nov 21 (Reuters) – Faraday Future Intelligent Electric (FFIE.O) said on Monday that it had “substantial doubt” about its ability to continue as a going concern after it reported lower cash reserves.
The company said it had $31.76 million in cash as of the third quarter ended Sept. 30, down from $121 million at the end of the prior quarter.
Reporting by Akash Sriram in Bengaluru: Editing by Sriraj Kalluvila
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