Fisker Slashes Ocean SUV Prices by 39% Amid Financial Troubles

Fisker, an electric vehicle startup, has slashed prices on its Ocean SUV by up to 39% due to financial troubles, now selling for as low as $25,000
The company is struggling financially, with stock under $0.02/share, down from a 2021 peak of $28.50, and faces possible bankruptcy
The Ocean SUV has received some poor reviews, including a scathing video review from YouTube personality Marques Brownlee
Consumer Reports also panned the Ocean for ride quality, software issues, though did like the cargo space and rear legroom
Fisker has shifted from selling vehicles directly to relying on a small network of independent dealers, leading to questions around future servicing if the company folds