Faraday Future’s future is looking bleaker.
After the electric car start-up failed to pay millions of dollars in bills, its contractor Monday halted work on Faraday’s $1-billion North Las Vegas, Nev., car factory.
The work stoppage was confirmed by Faraday spokesman Richard Otto.
“We are reassessing where we are on our timeline,” he said Wednesday.
The contractor is Aecom, the Los Angeles-based engineering giant.
“To date, we have completed grading and foundation prep work,” the company said in a statement. “At this time, Faraday Future is temporarily adjusting their construction schedule with plans to...