Fisker is seeking the approval of the Delaware bankruptcy court judge to sell 3,321 Ocean electric SUVs in its inventory at a significantly reduced price of around $14,000 per vehicle. What Happened: ...
In a desperate move to clear the inventory, Fisker cut the Ocean prices by up to 40%. However, the startup is experiencing the equivalent of a bank run, as everyone wants to distance itself from the ...
Add Yahoo as a preferred source to see more of our stories on Google. Fisker owners were told they may have to pay the repair costs for two outstanding recalls. It's another blow for customers who ...
Fisker has been dodging the inevitable for months after it burned through cash while its vehicles have proven a hard sell. The EV startup filed for bankruptcy protection in Delaware, a move that was ...
Despite going through bankruptcy and shuttering operations Fisker's legal problems keep getting worse. Just a day after it was announced that the Securities and Exchange Commission subpoenaed the ...
Henrik Fisker must need a neck brace after the whiplash of his company going from one of the more promising electric vehicle startups on the market to shutting its doors in about a year. Now, not ...
After some rather questionable business decisions and a year of producing its flagship Ocean SUV, Fisker filed for Chapter 11 bankruptcy protection earlier this month. Owners are now scrambling to ...
Add Yahoo as a preferred source to see more of our stories on Google. EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for a cash infusion. The company ...
Time is a flat circle, much like the drain Henrik Fisker’s automotive dreams are swirling for a second time. Embattled EV maker Fisker has paused production and been booted off the New York Stock ...
Beleaguered electric vehicle startup Fisker Inc. reportedly lost millions of dollars in customer payments due to lax internal procedures. This forced an internal audit in December and diverted ...
Things have gone from bad to worse for Fisker. On Tuesday, the embattled electric vehicle startup announced in a regulatory filing that it expects to file for bankruptcy within the next 30 days if it ...
Fisker Inc. dramatically reduced the price of the Ocean crossover — its only model — as the electric-car maker struggles to stay in business. The biggest cut the company is making applies to the ...
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