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

Market VisionFriday, Sep 13, 2024 2:10 am ET
1min read

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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