Faraday Future plans to refurbish an old tire factory to take on Tesla

SAN FRANCISCO — Faraday Future is running on fumes. But it’s still running. The Gardena, Calif.-based luxury electric car startup raised $14 million in emergency funding and will lease an old factory near Fresno that will enable it to turn out 10,000 cars a year. The company has dramatically lowered its ambitions. Its goal now is…