![EV startup Faraday Future raises going concern doubt](https://i-invdn-com.investing.com/news/LYNXMPEBBR0PM_L.jpg)
© Reuters.
(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.
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