Fisker Inc. has reportedly warned its employees that potential layoffs and facility closure could occur within two months if the company is unable to secure its financial future. In an email obtained by Insider and reportedly confirmed by several Fisker Inc. employees, the EV startup acknowledged its ongoing efforts to address cash flow issues, including […]
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Fisker Inc. CEO Henrik Fisker has put his ultra-modern Los Angeles home on the market for $35 million. Such an amount is larger than the current market cap of Fisker Inc., which is currently valued at $24.97 million at $0.05 per share. Fisker’s home is extremely impressive. Located in the Hollywood Hills, the 11,800-square-foot house […]
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It appears Fisker is back on the brink of bankruptcy, as the company has highlighted in its latest filing with the U.S. Securities and Exchange Commission (SEC). Fisker filed its annual 10-K form with the SEC on Tuesday after the struggling electric vehicle (EV) maker announced it would have to delay filing of the 2023 […]
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Fisker reportedly misplaced millions of dollars in customer payments for the Ocean EV, a mistake that caused an internal audit that took several months to complete after it was initiated in December. Recent developments in the story of Fisker show the company is clinging onto its operational status and has put together both a legal […]
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Electric vehicle startup Fisker has reportedly lost track of millions of dollars worth of customer payments as the company attempted to scale the deliveries of its only vehicle available today — the Fisker Ocean. The missing payments reportedly resulted in an internal audit that spanned several months before it was concluded. As noted in a TechCrunch report, […]
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Fisker has embraced a full-blown discount mode by cutting prices on the Ocean EV drastically in an effort to keep its doors open amid rumors that it is on the verge of bankruptcy. Fisker slashed prices on the Ocean EV by as much as $24,000 on some trims. The least severe discount it will offer […]
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Struggling electric vehicle (EV) maker Fisker has lost the opportunity for a financial bailout from a larger automaker, while the company’s stock price has also plummeted far enough to halt trading and initiate delisting procedures. Reports last week said that Fisker had gained a financial commitment of as much as $150 million to keep the […]
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Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. On Monday, the EV maker said it will sell convertible notes at a 10 percent discount to one of its existing investors, generating up […]
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According to an agency report, Nissan could invest in Fisker and, in return, gain access to Fisker’s EV pickup platform. Negotiations between the two carmakers are at an advanced stage, and the deal could be finalised this month.
The electric car manufacturer Fisker warns in its latest annual report that it may not be able to continue operations. The current resources are not sufficient to cover the next twelve months.
