Fisker Slashes Ocean SUV Price to $25,000 in Bid to Spur Sales and Avoid Bankruptcy
- Fisker cuts price of its Ocean SUV by $24,000, now starting at $24,999
- Price cuts come as startup desperately tries to avoid bankruptcy
- Ocean SUV now cheaper than average new car price of $44,199
- Big discounts can hurt resale values and anger early adopters
- Fisker making EVs more affordable to compete in price war started by Tesla