(Reuters) – Faraday Future Intelligent Electric 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)
