It seems that EV startup Fisker has filed for bankruptcy protection after burning through all its cash trying to get their Fisker Ocean SUV to market.
I’ve written about them in the past and I kind of had high hopes for them. But to be honest, I’m not surprised by this result. After all Hendrik Fisker who is the CEO of Fisker had tried to make an EV before called the Karma and the company behind that, which to be clear isn’t the same company that we’re talking about now, had similar difficulties before reinventing itself as Karma Automotive.
What also likely didn’t help is that YouTuber MKBHD reviewed the Fisker Ocean in a video called “This is the Worst Car I’ve Ever Reviewed” which likely scared off a lot of customers. In short, the video illustrated a lot of issues with the Fisker Ocean that to be frank, should never be seen by anyone. Now I’ve watched MKBHD’s videos for years, and he goes out of his way to not trash products. So if he says something like this, it has to be bad. To be fair, he did give them a second chance via reviewing the car again with updated software that fixed some of these issues, but like the title of the video suggested at the time, it was likely too little too late.
At this point, I don’t see any good outcome for Fisker. While the company behind the Karma was bought out and still exists today, I don’t see that outcome this time around. Nor do I see Fisker exiting this in any state where they could try and make a go of it. Thus all I have to say is R.I.P. Fisker.
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This entry was posted on June 18, 2024 at 9:26 am and is filed under Commentary with tags Fisker. You can follow any responses to this entry through the RSS 2.0 feed.
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EV Startup Fisker Files For Bankruptcy Protection
It seems that EV startup Fisker has filed for bankruptcy protection after burning through all its cash trying to get their Fisker Ocean SUV to market.
I’ve written about them in the past and I kind of had high hopes for them. But to be honest, I’m not surprised by this result. After all Hendrik Fisker who is the CEO of Fisker had tried to make an EV before called the Karma and the company behind that, which to be clear isn’t the same company that we’re talking about now, had similar difficulties before reinventing itself as Karma Automotive.
What also likely didn’t help is that YouTuber MKBHD reviewed the Fisker Ocean in a video called “This is the Worst Car I’ve Ever Reviewed” which likely scared off a lot of customers. In short, the video illustrated a lot of issues with the Fisker Ocean that to be frank, should never be seen by anyone. Now I’ve watched MKBHD’s videos for years, and he goes out of his way to not trash products. So if he says something like this, it has to be bad. To be fair, he did give them a second chance via reviewing the car again with updated software that fixed some of these issues, but like the title of the video suggested at the time, it was likely too little too late.
At this point, I don’t see any good outcome for Fisker. While the company behind the Karma was bought out and still exists today, I don’t see that outcome this time around. Nor do I see Fisker exiting this in any state where they could try and make a go of it. Thus all I have to say is R.I.P. Fisker.
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This entry was posted on June 18, 2024 at 9:26 am and is filed under Commentary with tags Fisker. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.