this post was submitted on 15 Mar 2024
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[Dormant] Electric Vehicles

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Electric vehicle company Fisker’s stock plunged more than 40% in after-hours trading on Wednesday as investor concern about the company’s ability to stay in business intensified.

On Wednesday, the Wall Street Journal, citing people familiar with the matter, reported that Fisker had hired restructuring advisers to work on a potential bankruptcy filing.

Fisker declined to comment on the report, but earlier this month, the EV maker warned that it might not have enough money to survive another year.

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[–] altima_neo@lemmy.zip 9 points 9 months ago* (last edited 9 months ago)

Damn that was quick. They were getting burned on reviews for their Ocean. I would have liked to see them succeed.

[–] jqubed@lemmy.world 9 points 9 months ago

Honestly not surprised given how short-lived the previous Fisker Automotive was, but I was hoping they’d do better this time around.

[–] randompasta 8 points 9 months ago

Damn. I'd own one if I fit in one. The seat to ceiling height is not enough for me. But I really like the Ocean.

[–] carl_dungeon@lemmy.world 3 points 9 months ago

Man one big problem I see is that I’ve never even heard of the company…