The EV maker said the proceedings will enable it to continue operations, but it appears increasingly likely that the Ocean is dead in the water
Sources say that Fisker is reusing windshields, body control modules, seat sensors and more to repair customer vehicles
Henrik Fisker is selling his home for $35 million, but his company is worth just $27 million
The damage adjuster initially said it would cost $910 to fix the Ocean but admitted that it could actually end up costing far more
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
