Fisker may be on the brink of bankruptcy and needs a dramatic turnaround to survive
NHTSA is looking into problem after 14 complaints were received about doors that wouldn’t open, some remaining stuck even when the emergency backup mechanism was used
After two months of ownership, a Fisker Ocean bought by Edmunds went from being worth $69,000 to just $21,000
Fisker may have to return as much as $9 million to reservation holders who canceling their orders in droves
Checks were reportedly not cashed and some cars were delivered to customers without any payment being made
EV startup is trying to rake in cash to stay afloat after rescue talks with a major OEM collapsed and is now selling 2023 Oceans from just $24,999
The Fisker SUV has a power advantage over its rival but it also weighs significantly more
EV startup paused production of its Ocean SUV last week and trading in the firm’s shares has been halted after talks with a major automaker – rumored to be Nissan – collapsed
The publication described the Ocean it owns as poorly tuned and undercooked
U.S.-based startup has sold convertible notes to secure funds after hiring restructuring advisers to help with possible bankruptcy
Fisker’s share value halved in a day, dropping from 32 cents to under 15 cents, after a report that the company is working with restructuring advisors
The WSJ reported that the EV startup has hired advisors to assist with a possible bankruptcy amid doubts about their ability to continue as a going concern
“Can I pull your fingernails out as part of an inquisition?” said a Fisker employee to the person who lent the poorly reviewed SUV
CEO says talks are now taking place with one large carmaker to help raise capital as share price plunges
The carmaker has six months to get its share price to over $1 and may implement a reverse stock split
The software limiter could have long lasting effects for Ocean owners down the line
Certain Fisker Ocean owners complain that their vehicles aren’t going into gear, and are rolling away, in just the latest issue to plague the new EV
Finalists include the BYD Seal, Ford Bronco, Kia EV9, Hyundai Santa Fe, and Volvo EX30
