Electric startup Fisker is in a bad spot right now. It’s running out of cash and desperately needs a bailout, but any negotiations with legacy automakers that may have been interested in investing appear to have stalled, and trading of its shares has halted. If you needed further proof that bankruptcy is just around…
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
By all other accounts, Henrik Fisker has been pretty successful. He had a hand in designing some of the most iconic cars ever made, like the original BMW X5 and Z8, Aston Martin DB9, and Vantage. However, after years in the auto design business, Fisker decided to leave to pursue making cars. Since then he’s had two…