It’s been a shit week for Faraday Future. The autonomous vehicle start up learned its main financier, LeEco, planned to significantly scale back its U.S. operations, signaling a potential death knell for Faraday’s car ambitions. And now that Faraday is looking to raise a cool $1 billion to keep the dream alive. Woof.

Faraday’s global chief financial officer, Stefan Krause, attempted to reassure its 1,100 employees this week that LeEco’s problems won’t imperil the start-up’s endeavor. Krause said FF’s goal remains to get its flagship vehicle into production next year.

But Bloomberg, citing an unnamed person with direct knowledge of Faraday’s situation,reports that the start-up is already meeting potential investors and advisers, after LeEco announced this week that it’s . That would suggest there’s more cause for concern than Krause lets on.

Per the Nevada state law that authorized Faraday Future’s tax sweetener package, the state…

Faraday’s already spent $160 million on the site of what’s supposed to be a $1 billion factory in Nevada for its flagship , the warplane named FF 91. But because little has gone Faraday’s way, that $1 billion factory’s now set to be .

Beyond that, there’s the crush of litigation: , a strange quibble over , a complaint by another Faraday—that is, Faraday Bicycles—.

A left the company before its , and amid the recent trouble at LeEco, .

Bloomberg says LeEco’s CEO Jia Yueting has personally invested $300 million into Faraday, but now, he’s cutting off the spigot. So, that’s not a good sign.

And so, a fresh cash hunt has commenced. Bloomberg’s source told the news outlet that the Faraday’s targeting “large scale investors” like sovereign wealth funds, with the goal of completing its funding round by this summer. If the trip is unsuccessful, it’s safe to say the situation’s only going to further deteriorate.