The Chief Brand and Commercial Officer, Marco Mattiacci, and The Vice President for Product Marketing and Growth, Joerg Sommer, have relinquished their positions in the company according to the sources. The company's website has been updated and the names of the former employees have been removed and left two empty spaces along with their profiles.

Marco Mattiacci was formerly the President and CEO of Ferrari North America and Ferrari Asia Pacific before working for Faraday Future, also was the Managing Director and Team Principal of Scuderia Ferrari Formula 1 racing team. Mattiacci was a big asset acquired for Faraday Future upon being part of the company several months earlier. As described by former colleagues and staff, Mattiacci was getting the company back on track by correcting and fixing the company's earlier financial mistakes.

Joerg Sommer, a former executive from Volkswagen, stay at Faraday Future was even shorter, joining the company three months earlier. Joerg Sommer even before held top positions from a number of European car makers, namely Daimler, Opel and Renault.

According to one of the sources the resignation of Marco Mattiacci and Joerg Sommer's was seen as a cycle of cost-cutting strategies of the company, before even the company's release of its first production line at the CES nest year. The resignees were both highly paid and their takeoff has given the company needed resources.

A behind the scene report from The Verge was recently released regarding Faraday Future amidst the time of unlikely financial news and high yielding assumption. Though the statements of a few number of former employees displayed the financial situation of the company worrisome, accumulating debt, unresolved payables, cases from suppliers and mismanagement of funds have made its mark and damage to the foundation of the company.