Fisker now expects to go bankrupt within 30 days

Ohhh, Fisker the Car company not Fiskar the scissor company.

And all it took was scapegoating a reviewer kid. (Don't look at the stock prices before that, please)

Likely well deserved — but still unfortunate. The EV space only benefits from more options and more competition.

Fisker said it hired a Chief Restructuring Officer in the hopes of staving off bankruptcy.

Ah yes. No better way to reduce costs than hiring another C*O.

and then abruptly cut its price so it could quickly get rid of existing inventory.

Why would anybody buy a new car that has no future of warranty or parts availability?

I read that as Fiskars first, and thought noo not the scissor company! But all is good, just another EV startup gone flop.

THANKS MKBHD

Surprise surprise. The CEO of a company I used to work for migrated to Fisker a good 10 years ago. By migrated I mean he injected a shit CEO who then ran down the company into bankruptcy and sold the pieces. This seems appropriate somehow. I mean the guy was alright, it's just that the other junk CEO fucked up the company. Sort of like Google do no evil meets "hey you're running out of the 15gb so I'm deleting your shit next month" CEO.

Why isn't adapting ICEs into EVs a thing? Why more lithium-based ewaste with build-int obsolescence?