Is This Faraday Future’s Answer To Tesla Motors Inc Model X?

Tesla Motors Inc ’s rival car may already be on the road, as Electrek reported that Faraday Future – an American tech company – is driving a camouflaged version of an upcoming production electric car in Los Angeles. A candid shot of a veiled SUV was captured, and the site reports that this SUV is actually a test vehicle from the Californian tech firm, which is backed by Chinese consumer gadget company LeEco.

Tesla Motors Inc (TSLA) Model X Faraday Future SUV

A large luxury crossover like Tesla Model X?

Faraday Future blew its chance big time when it revealed a strange concept as its first vehicle. Car enthusiasts only wanted to see a real car, nothing as complex as FFZER01, but the automaker kept their production car veiled. However, we may have got a glimpse of the much-awaited car now.

Recently, a picture popped up on Twitter with Electrek claiming it to be a Faraday Future product. “We checked through our channels and we can confirm it’s a vehicle operated by FF,” Electrek said. Previously, Electrek reported that Faraday Future is aiming to bring a large luxury crossover to market and that vehicle would probably sell over $100,000.  The vehicle, which is covered-up, looks like a crossover-style SUV, just like the Tesla Model X.

At this year’s CES, Faraday revealed a flashier but less practical FFZER01 concept, so this SUV, could be its first production car. The FFZER01 looks similar to the Nintendo’s F-Zero futuristic sci-fi racing game series, and it has a sub-three second 0-60 mph time and over 1,000 HP, on paper, says TechCrunch.

Was it driving itself?

Previously, there were certain rumors that Faraday’s first production car will be an electric crossover with a high price tag and some kind of autonomous capabilities. Electrek reported this month that Faraday, which aims to compete with Tesla Motors Inc , is already testing a prototype for the Advanced driver assistance systems (ADAS) program in Los Angeles by using a Lincoln MKZ as a test mule. Perhaps, it is not just a coincidence that the first suspected Faraday Future prototype was posted in LA as well.

Now, the only question is if this car is an automated vehicle or not?

FF has not made any announcements yet so it is not certain then when the electric crossover SUV will actually be available in the market for sale. Faraday’s concept EV racer is not something you would be comfortable with while going to buy groceries. This is why the new test vehicle is grabbing the attention of automobile enthusiasts. In terms of stepping ahead as a viable electric car making company and giving a serious competition to Tesla Motors Inc , Faraday has a lot to prove.

On Tuesday, Tesla shares closed up 0.86% at $224.84. Year to date, the stock is down almost 6% while in the last one-year, it is down almost 3%,

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Aman is MBA (Finance) with an experience on both marketing and Finance side. He has work as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, playing PC games and cricket.

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