Fisker Finished?

[NY_Rob]

Looks like they're about to go belly up folks...

Feel for the poor souls who have already purchased ($50-$60K) and taken delivery of a Fisker Ocean.

Fisker Is Closing Its California Headquarters
https://insideevs.com/news/718677/fisker-closing-california-headquarters-report/

Fisker’s Austrian Unit Files For Bankruptcy, Ocean Looks Sunk
https://www.carscoops.com/2024/05/magna-steyr-assumes-it-wont-be-building-any-more-fisker-oceans/

Magna Reports Earnings, Outlook Assumes “No Further Production of Fisker Ocean”
https://eletric-vehicles.com/fisker...ssumes-no-further-production-of-fisker-ocean/

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[krockett]

Been a foregone conclusion for months now

 

[COdogman]

 

[RWerksman]

 

[Noplacelikeloam]

Hey, they are showing inventory still for sale. ;-)

 

[UnsungZero_OldTimeAdMan]

All that's missing...

 

[GogglesPisano]

I wonder if anybody will scoop them up. What's Karma doing these days? Maybe they can add another one of Henrik's children to the lineup

 

[shrink]

I think the Ocean was intriguing and promising but Henrik and Geeta are just awful at business. I hope owners are supported in some way - perhaps by enthusiastic 3rd parties? I cannot imagine why any company would want to buy Fisker before the inevitable bankruptcy.

The Ocean was actually my first choice for replacing my wife's Model 3 in the Fall/Winter of 2023. Thankfully ended up replacing with a second used R1S instead. Feel like we dodged a bullet. (although Rivian also now needs to survive)

 

[UnsungZero_OldTimeAdMan]

I wonder if anybody will scoop them up. What's Karma doing these days? Maybe they can add another one of Henrik's children to the lineup

AFAIK, other than trotting out a number of concepts, Karma is still dicking around with the same one car it bought from the previous Fisker. Amazed they are still in business.

 

[GogglesPisano]

Fun fact, Henrik Fisker was hired by Tesla to design the Model S. He left the company afterwards and released the Karma. Apparently Elon was upset that it looked better than the Model S they brought him in to design. lol

 

[ukyank]

If they firesale the remaining vehicles cheap enough, might be worth picking up just for the batteries

 

[NY_Rob]

Just like Rivian, the Ocean is a "computer on wheels" so once Fisker is officially out of business all that IP goes with them unless someone buys the assets which is unlikely. Other then some possibly off the shelf HVAC components, etc.. most of the vehicle will remain irreparable. Think of a windshield cracking, and common stuff like that breaking. No replacement parts will be available unless someone buys the unsold vehicles and starts cannibalizing them, at hugely inflated parts prices. Sadly, Fisker has been cannibalizing already built vehicles in CA for parts for some time now as even they can't get parts to cover warranty repairs.

 

[VSG]

I think they should open source the software. That would be awesome.

 

[shrink]

Just like Rivian, the Ocean is a "computer on wheels" so once Fisker is officially out of business all that IP goes with them unless someone buys the assets which is unlikely.

Does Fisker even have much IP (or any assets for that matter)?

https://www.autoevolution.com/news/...e-ev-startup-goes-into-the-ground-233379.html

"You might want to know why Fisker, of all EV startups, ended up in this situation. Unlike its peers, Fisker wanted to do this without committing to anything. There is no research and development, no intellectual property, and no production facilities. Instead, Fisker commissioned Magna Steyr to manufacture its vehicles using off-the-shelf parts."

 

[Oldsmobile_Mike]

A shame. The Alaska looked really nice. Too bad the Nissan partnership didn't happen.

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