It looks like Fisker is probably headed for bankruptcy….again

The California EV auto maker, Fisker looks like they are right on the verge of bankruptcy. The stock has been pulled from the New York Stock Exchange, they have had mass layoffs, and their final hope of an angel investor has gone out the window. At this point, it might all be over, except for the crying. For those of you out there counting, this will be the second time that Fisker has filed bankruptcy, if it happens, of course. 

[@randyjohnson5426]

All the slashing prices of inventory is a precursor to bankruptcy

[@S3Magazine]

Yep, just trying to move any product that they can before the other shoe drops.

[@2023gainer]

39 % Discount on Ocean 2023 only models only in US. Stock dropped to 8 cents and was delisted. Many investors avg down 2 cents FSRN range to eliminate or reduce their losses. Others panic sold/ emotional investing and lost huge. Needs 10 K, financing and revenue from $ 200 million in Ocean inventory. Thumbs Up video/ comment. Thanks.

[@mikefrassetti737]

Hopefully they’re not the ev manufacturer to go bankrupt soon.
Hate to say it considering the livelyhoods at stake, but hope the ev market goes belly up completely

[@S3Magazine]

I don’t mind EV’s competing in the open market. What I do have a problem with is them being forced through legislation.

[@mikefrassetti737]

@@S3Magazine and its because of that I hate those Douche Buggies. They're also driven by the same people who drove prius' 10 years ago, those same douchebags

[@ramonbriones4487]

Yea man even with a massive price cut, it's still not a wise decision to get one. Like you stated, you'll be out to dry once they officially go belly up

[@S3Magazine]

Exactly. At that point it’s just a ticking time bomb. You don’t want to be left holding it when it does go bad. It might be a cheap car, but it can quickly become an expensive paper weight.