- Entrepreneur and blacklisted debtor Jia Yueting is handing over the CEO role at Faraday Future, the U.S.-based electric vehicle (EV) startup he founded.
- Faraday Future has also kicked off a search for a new global chairman.
- In December 2018, a U.S. district court in California froze Jia’s 33% stake in Faraday Future and put a protective order on four pieces of property he owns in California, after a Chinese creditor filed a lawsuit against him.