Jia Yueting, the founder of Nasdaq-listed electric vehicle startup Faraday Future, responded to a negative report from short-seller J Capital Research, calling it “nonsense” and “nothing more than a rehash of old news,” Chinese media reported Friday. J Capital Research released a 27-page report on Thursday, accusing Faraday Future of inventing most of its car reservations. [Jiemian, in Chinese]
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