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Fisker files for Chapter 11 bankruptcy protection

Teslarati

Fisker Group Inc. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion. As noted in a report from the Associated Press , Fisker estimates that its assets are between $500 million and $1 billion. Just send a message to simon@teslarati.com to give us a heads up.

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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup.

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Fisker braking complaints trigger NHTSA probe

Teslarati

The National Highway Traffic Safety Administration initiated a probe on 2023 Fisker Ocean vehicles after receiving 9 complaints about the car’s breaks. The NHTSA’s Office of Defects Investigation (ODI) opened a Preliminary Evaluation (PE) to determine the scope and severity of Fisker’s brake complaints.

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Fisker creates “Fisker Finance” with JPMorgan Chase and Santander

Teslarati

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. Currently, the Fisker app is relatively bare-bones. It remains to be seen how Fisker will define itself in such a competitive space.

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MKBHD says the Fisker Ocean is the ‘worst car’ he’s ever reviewed

Teslarati

Fisker has had a rocky launch for its electric Ocean SUV, with several issues getting the vehicles produced and into the hands of its customers. ” Fisker has thousands of unsold vehicles from 2023 it plans to sell in Q1 But even before getting his hands on the car, Brownlee says his team was having issues. .

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Fisker to report its Q4 2023 earnings: Here are investors’ top questions

Teslarati

Fisker Inc. The electric vehicle startup is currently facing a number of challenges, such as a low stock price, missed targets, a pivot to franchised dealers, and negative reviews of the Fisker Ocean. Fisker’s stock price has fallen sharply, dipping below $1 per share last month. Why should I still invest in Fisker?

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Out of charge: Fisker files for bankruptcy, again

Baua Electric

Fisker in a statement said it has sought Chapter 11 bankruptcy protection with a court in Delaware, and that it is currently in talks with creditors over debtor-in-possession financing and the sale of remaining assets. The move comes roughly a year after the start of deliveries of the Ocean, Fisker’s debut model.

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