Posted 3/15/2024, 3:09:41 AM
Fisker Considers Bankruptcy Despite Recent Gains
- Fisker has reportedly hired bankruptcy consultants to assist with a possible bankruptcy filing, according to a Wall Street Journal report
- This comes despite Fisker recently reporting a 300% jump in deliveries and being in talks with Nissan for a potential partnership
- Fisker claims it makes money on sales of its Ocean SUV, but still has significant operating costs to cover
- Fisker recently retreated from its direct sales model in favor of dealerships to help sell inventory worth $530 million
- In response, Fisker said it often works with outside advisors and is focused on raising capital and pursuing a partnership with a major automaker