Fisker Slashes Prices on Electric SUV Despite Bankruptcy Risks

Fisker has slashed prices on its Ocean SUV to as low as $24,999, but the company is on the brink of bankruptcy.

Buying an Ocean now is risky since Fisker may not be around to provide parts, service, software updates if it goes under.

Ocean owners have already faced long waits for repairs and replacement parts. That would likely get worse if Fisker shuts down.

The Ocean's software has had issues that Fisker has worked to fix with over-the-air updates. Those would cease if Fisker disappears.

So the Ocean's new low pricing might seem like a good deal, but experts caution against buying from the struggling startup with an uncertain future.