Tesla's dominant position could be challenge by a host of EV startups like Faraday & Future Inc. (Grand Canyon National Park Electric Vehicle Charging Stations: Yavapai Lodge 6654 by Grand Canyon NPS is licensed with CC BY 2.0). - Photo: Grand Canyon NPS

Tesla's dominant position could be challenge by a host of EV startups like Faraday & Future Inc. (Grand Canyon National Park Electric Vehicle Charging Stations: Yavapai Lodge 6654 by Grand Canyon NPS is licensed with CC BY 2.0).

Photo: Grand Canyon NPS

Faraday & Future Inc., an electric-vehicle startup based in Los Angeles, is in talks to go public through a Special Purpose Acquisition Company (SPAC) merger with Property Solutions Acquisition Corp., a blank-check firm, according to people with knowledge with the matter.

SPAC agreement Bloomberg Wealth report

Originally posted on Charged Fleet

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