Just got my $250 (well 225$, they keep 25) deposit back. Not sure I can see this company surviving.
I want them to succeed so much, but I think hopes and dreams will be dashed.
How are they going to account for all of these executives leaving?
I really like the Fisker Ocean and I’m really looking at reserving one but man do I have hesitation. It feels like Fisker won’t last and I don’t want to get a vehicle from a company that won’t exist in a few years.
I share those feelings. I really wanted the Fisker Pear and was willing to keep driving my 1st gen Leaf waiting for it to hit the market, highly disappointed right now.
Hiring the guy from Playboy was insane to begin with. But when two guys look at the financials and leave it’s probably pretty bad. That said, I think they can still pull through. Magna has a big share in this also and people seem to love the car.
Geeta is probably the glue holding things together. While her primary study was biotech she worked for lots Lloyd’s and Goldman Sachs.
She worked in international finance for Lloyds Banking Group, and managed investments for a high net worth client for several years
Found Geeta’s reddit account.
I like how there’s a thread on the Fisker sub about how it’s fine to lose 2 CAO in about a month and to be late on filing financial data with the NYSE. Maximum copium. Meanwhile the Fisker investor sub is all-in on “it’s over, isn’t it”.
Fisker needs new leadership. The Fiskers have killed one iteration of Fisker Automobile company and they look like they’re about to kill a second. Maybe another company will buy their IP and actually build these things instead of outsourcing it.
I wonder if Steve Burns of Lordstown Motors is going to try the same thing. He killed Lordstown but profited from it by getting out before it died and then bought the IP for pennies on the dollar.
Buy what IP? Isn’t Fisker’s car built off of another company’s platform, by another company, using a 3rd companies’ batteries? What exactly is there to buy?
Fisker failing again? Who could have foreseen this.
I’m sure he has some good ideas and tech but this is basically a grift…
The fact that investors buy into it… Well buyer beware.
Why are people so surprised, of course they will go bankrupt!
This company has not been having the best luck since they started have they?
Damn I wanted one of these some day because they are built in Austria and the ocean extreme with its range and solar roof sounds very cool. I mean maybe they get very cheap after they collapse a bit. Assumingly they get expensive like the Karma though
I wonder if oil companies are hiring talent away from EV makers to cause division and chaos.
Refueling solutions? WTF is that?
“listen, recognize those deposits and reservations as current period revenues or you’re fired”
“fine, i’ll just quit”
Not even worried
This would never actually happen, but I think Lucid acquiring Fisker is a great idea.
Lucid has plentiful funds, an under-utilized US manufacturing facility (important for the tax credits), a more capable team for software and finance, and more infrastructure built out to facilitate deliveries. The one thing they desperately lack is a vehicle that can sell more than a few thousand units per year—it’s going to be years before they can bring one to market otherwise. Acquiring Fisker would, at least in theory, make up for the shortfalls of both companies.
What?? Lucid seems like the worst option. They need a company flush with cash to burn for a long term project.
Geely would be the best fit but I’m sure their hands are already full elsewhere…or?
