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Engadget reported "Faraday Future is selling its Las Vegas site for $40 million" on Thursday

[] The struggling carmaker is hoping to sell the 900-acre plot for $40 million It planned to build its FF 91 electric vehicle there, but is moving production of the car to Hanford, California It also laid off a number of employees and slashed pay by 20 percent in October as the company endured another tough year Faraday had planned to build a $1 billion factory in Las Vegas. It instead moved production of its FF 91 electric vehicle to California.

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Faraday Future is selling its Las Vegas site for $40 million The struggling carmaker is hoping to sell the 900-acre plot for $40 million It planned to build its FF 91 electric vehicle there, but is moving production of the car to Hanford, California It also laid off a number of employees and slashed pay by 20 percent in October as the company endured another tough year