• The EV manufacturer is on the brink of bankruptcy and looking to sell off inventory.
  • Fisker is offering employees huge discounts on the Ocean One, Ocean Extreme, and Ocean Ultra.
  • Several hundred Oceans were recently spotted at a port in San Diego.

It would be an understatement to say that Fisker is in real trouble as unless it can hook up with another manufacturer or find new investors, the EV maker could soon go belly up. Things are now so bad they are trying to sell some of the remaining Ocean SUVs in its inventory to the few employees it still has left.

A copy of a recent email sent by Fisker to its staff was recently shared on Reddit. It says that employees can order an Ocean One, Ocean Extreme, or Ocean Ultra for just $20,000 through the Newport Fisker dealer in Costa Mesa, California. The email acknowledges that some Oceans may be previously titled and there could be some extra fees on top of the purchase price.

Read: Fisker Cancels Roadside Assistance Leaving Owners High And Dry

The Ocean One was the first version offered in the United States and originally had a $68,999 MSRP. The Ocean Extreme was initially priced at $61,499, and the Ocean Ultra, which sits in the middle of the range, had a $52,999 MSRP. All three are now available to employees for just $20,000.

 Fisker Is So Desperate It’s Offering Ocean EVs To Employees For Just $20,000

Source: Reddit / Fisker

While purchasing an electric SUV at such a steep discount sounds like a bargain, Fisker notes in the email that it “makes no representations as to what warranty coverage will be available in the future, including whether services, parts and/or updates will be available.”

That’s an important statement for any employees tempted to buy a cheap Ocean to consider, as if anything ever goes wrong with their Fisker, they may find it impossible to source replacement parts. This also means the car’s value will likely plummet on the used market.

 Fisker Is So Desperate It’s Offering Ocean EVs To Employees For Just $20,000

In March, Fisker made significant price cuts across the Ocean range for regular consumers, meaning the base Ocean Sport could be purchased for as little as $24,999, a $14,000 saving from its MSRP. How many Oceans are sitting in the U.S. waiting for homes is unclear. Recent posts to the Fisker subreddit revealed at least several hundred Oceans at a port in San Diego, many of which are believed to be unsold.

In any case, the future is looking grim for Fisker, which has been making headlines for all the wrong reasons. In the past few months, it has been delisted from the NYSE, missed a required interest payment worth $8.4 million, defaulted on a $3.5 million loan almost immediately, has been sued by two engineering partners, its Austrian unit filed for bankruptcy, and has seen the Ocean being investigated by the NHTSA over potentially defective brakes.

 Fisker Is So Desperate It’s Offering Ocean EVs To Employees For Just $20,000