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Fisker CEO in Talks with 4 Automakers for Buyout | Giga Gears

The rollercoaster ride that is Fisker continues with this latest announcement

Fisker: 4 Automakers in Talks to Acquire Struggling EV Startup

We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like bankruptcy was the…

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“Confident Seller: Fisker Ocean with Reserve | Giga Gears”

When it first went into production, we really wanted the Fisker Ocean to be as successful as it was cool, but unfortunately the startup automaker recently announced that bankruptcy was basically inevitable without a bailout, and that appears unlikely to happen. It slashed prices on old inventory, and the automotive…

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Car Culture Roundup: April 06, 2024 | Giga Gears

As it turns out, lowering the price of an item makes that item sell better. This, in econ, means that item is “elastic” — and cars are certainly elastic. Based on Ford’s latest price drops on the Mustang Mach-E, EVs are no exception. - Amber DaSilva Read More

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“Fisker Ocean Review by MKBHD: The Worst Car Yet”

Just a few weeks after calling the Fisker Ocean “the worst car I’ve ever tested,” popular tech YouTuber Marques Brownlee gave the Ocean a second chance. Despite promised software updates and an official press car to review, however, Brownlee hasn’t changed his position: the Ocean remains the worst car he’s ever…

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