Faraday Future's Co-CEO, Jia Yueting, shared a video message in which he clarified that, while he has no outstanding debts within the purview of the U.S. legal system, he made an announcement at this year's 919 Futurist Day. In that announcement, he revealed his voluntary decision to set up a second debt trust, aiming to expedite the resolution of debts under the framework of Chinese law. Following several months of in-depth consultations and careful deliberations, the trust plan has reached a stage where it is primed for execution. The official unveiling of specific details regarding this plan is slated for Tuesday (U.S. time).
