Faraday Future responds to LeEco's 50%+ salary increase: He won't get the full salary, and he will continue to increase his stockholding

Written byAInvest Visual
Friday, Sep 13, 2024 2:10 am ET1min read
FFIE--

On September 13, according to media reports, in the recent Faraday Future's filing to the U.S. Securities and Exchange Commission, the company will raise the salaries of CEO Matthias Aydt and founder Jia Yutong, with Aydt's basic salary rising from US$40,000 to US$70,000 and Jia Yutong's basic salary rising from US$45,000 to US$68,000 (about RMB4.83 million), up more than 50%.

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