That was not the intention, but due to bad governance that is what happened. Fisker lost millions of dollars in customer payments and in some cases even forgot to collect the purchase amount.
Fisker is not doing well. The start-up of Danish car designer Henrik Fisker has financial problems and therefore has to lay off employees and temporarily stop production of its only model, the Ocean.
No partnership with Nissan
The main manufacturer, reportedly Nissan, was said to be interested in a partnership, but discussions about it have broken down. In order to increase sales of Sea, Fisker in America has even decided to reduce the price by $ 14,000.
Financial turmoil at Fisker
And now this… Fisker didn’t have his management in order and therefore couldn’t get the millions in payments. Because of the chaos, in several cases it was forgotten to collect money from buyers, who previously received their Sea for free.
Koopwijzer: event Fisker Karma
To put things in perspective, Fisker began an internal review in December, which lasted several months, according to the website TechCrunch, which is based on this. on witness statements. Fisker has been able to recover many of the charges. The manufacturer has also requested new payments from several customers because the previous ones had never been collected.
Fisker has not yet published the annual report for 2023. The reason is said to be that the administration in the company is so chaotic that it is difficult to say how much sales have been generated.
On the verge of bankruptcy
Fisker is teetering on the brink of bankruptcy and was even delisted from the New York Stock Exchange this week as its shares have fallen sharply, from $6.50 at the end of last year to 9 cents now.
The EV maker has also admitted that its finances were not in order. There were very few qualified workers, which explains the disease.
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