Krause's departure is expected to deal another major blow to Faraday following a string of disappointments. The company's fundraising efforts faltered this summer after LeEco money dried up, reportedly due to Yueting's unwillingness to step down from the company, as well as rumors of an impending bankruptcy that were sparked by filing papers that Faraday says had been faked by someone.
But are these updates enough to keep what is, in effect, an eight-year-old car competitive in an increasingly competitive market?
For each fault, we asked the owner to identify time spent off the road using categories ranging from less than one day to more than a week. We also asked them to tell us how much the repairs cost, from being fixed under warranty for free to more than £1500. This information was weighted according to the severity of the fault; those that cost the most and kept the car off the road the longest were penalised most.
Krause's reported departure follows a string of other high-profile talent losses at the struggling company: Supply chain management head Tom Wessner left the company at the beginning of October, while human resources vice president Alan Cherry left in August.
What's motivating him is this: He's 36 years old and is intent on becoming only the second driver, after Briton Graham Hill, to win motorsport's Triple Crown. That entails winning the Formula One title (or just the Monaco Grand Prix according to one interpretation) as well as Indianapolis and Le Mans.
But Krause himself actually resigned last month, Jalopnik now reports.
Ford, buoyed by new models such as the Mustang and Maverick, strict cost oversight and a growing global footprint, posted record revenue and earnings during Miller's time as president.
"Henry Ford II's personal dominance of the company gave it a different character, certainly different from other publicly owned companies in the automobile game," Miller said in 2003. "GM and Chrysler were not that way. You knew who the boss was. There were no palace politics with anyone trying to take over."