Faraday Future – They pay above market for base salary, but bonuses are gone now. | Comparably

Faraday Future – They pay above market for base salary, but bonuses are gone now.

Faraday Future Claimed Company
Faraday Future (FF) is a California-based mobility company comprised of a global team of automotive and technology experts. We believe that today’s cars do not meet today’s needs. FF plans to redefine the automotive experience by delivering seamlessly connected electric vehicles & future mobility solutions that will fit the needs of tomorrow’s population. read more
EMPLOYEE
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34
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394
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They pay above market for base salary, but bonuses are gone now.

What needs to change to make the company culture better?

25 departures a week speak volumes about the state of the company. People are down, the company has almost zero money left, and everyone is looking for the door.

What's going wrong and how can it be improved?

Get US investments in, remove the Investor that makes all the decisions, and let the people that know cars run the company. They can still make it, but every trace of LeEco needs to be removed first.

What does the leadership team need to get better at?

They brought in some of the best industry leaders to right the ship, but the main investor doesn’t let them do anything, they are there for looks, the decisions are made by the investor alone, and they are usually terrible decisions.

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