If recent rumors are accurate, 2016 was a difficult year for Faraday Future. Reports suggest that financial woes have left Faraday’s future in question, which the company struggling to pay vendors. Unpaid bills have piled up to the point that multiple lawsuits have been filed against Faraday Future, according to one report. One suit claimed the company owed more than $100,000 in rent, while another claimed the company had more than $10 million in unpaid bills invoiced by just one vendor.
But despite any current turbulence with executive departures and financial issues, the massive team Faraday Future has built continued to push forward over the past year. And on Tuesday night, Faraday Future will give the world its first ever look at the production car the company has been developing behind closed doors.
Last year at CES, Faraday Future unveiled a futuristic concept car that many immediately dismissed as vaporware. There is precious little question that the FFZERO1 was impressive, but it remains to be seen whether or not the 1,000 hp electric supercar will ever actually make its way into the real world. Today, however, attention turns away from the car Faraday Future dreamt up for the track. Instead, focus will shift to the car Faraday Future actually intends to build for the streets.
What does Faraday Future’s first production car have in store? Little is known right now, though the company did release a series of teaser videos that show an electric crossover with what appears to be a long wheelbase and an incredibly powerful drivetrain. In the videos, a shrouded prototype of Faraday Future’s electric car can be seen beating a number of different high-profile cars from 0 to 60 mph, including Tesla’s Model X P100D, which does 0 to 60 in 2.9 seconds.
Here’s the video in question:
Now, it’s time to finally take a look at the beast Faraday Future has been building in secrecy for the past year. The company’s big CES 2017 unveiling is scheduled to kick off at 9:00 PM EST / 6:00 PM PST, and you can watch live streaming video of the event below.