LeEco-backed Tesla rival Faraday Future hires high-profile CTO

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In a move to distance itself from its financial troubles, electric car maker Faraday Future has hired a chief technology officer with splashy credentials. The Tesla Inc. rival has tapped BMW veteran Ulrich Kranz to help deliver its FF 91 luxury vehicle from the concept it unveiled at CES earlier this year to the consumers who put $5,000 deposits down on the eventual production version. Bloomberg first reported the news. Kranz joins the electric car maker in Gardena, Calif., after 30 years at BMW,...

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