Fisker Resale Value is Done.

[coolpix]

I don't trust that they are accurately accounting at this point. The lack of the latest 10k filing makes it ripe for them to illegally pocket the money and run. The Feds need to keep a close eye on Fisker in these final days. Looks really, really, really bad.

[krafter]

I don’t plan on selling I just want to know we will get support/warranty. Will this save them or are people too scared to buy now? Hmm

[effingsix]

The discount covers the cost of production. What you’ll see next is the board must resign before they file for creditor protection.

[MichaelRose]

TBH I was surprised they didn’t do this before missing their loan payment. They were wrong about their pricing strategy but it didn’t have to sink them.

They have more inventory than sales. If they had put more cars on the road, they would have had more cash. Simple economics.

[andrewmarkwardt]

Fire sale of excess inventory in advance of Chapter 7/11

[pyharpin]

I saw a guy in Maryland , today,who owns a detailing shop warehouse near Baltimore where those cars arrive: Fisker owes him the RENT where 100, not selling-cars, are parked. He says he’s not the only building leased, unpaid . On the eve, they’re on the verge. Seen on Fisker Ocean owners group

[lucasoca]

Damn that just has to hurt everyone involved

[tribalypredisposed]

Fisker is unbelievably unlikely to ever deliver cars it sells from Friday forward. My assumption is that Fisker ends all activities eight days from now. If you buy a car on Friday, you are just buying a spot in the creditors line in bankruptcy court.

[TheEVAddict]

Do you understand why they are doing this? My wife, a COO (arguably a better one than Geeta) said, with the leaks, she is unconcerned and this is obviously a fire sale to consolidate debt for a company sale. A sale would BENEFIT EVERYONE and ultimately may lead to increased value under new leadership.

The fire sale is a great deal. I wish I could have got my one for that…but it’s routine debt consolidation. A sale could yield 200 million or 300 million …if debt is less…300…. Well worth it to consolidate.

[oDano]

I still haven't seen this from an official Fisker email/press release. My assumption is that either A) Fisker won't be able to deliver these cars or B) they're providing an easy out for dealers who are stuck with dozens or hundreds of these cars

[ronkonkoma]

Who will service the Fisker Ocean when the company goes under?

[iamthealex]

@Aslash304 How is your Fisker Sport working, I think you may have the 2.0 update that was supposed to fix a lot of problems.

[BremboT]

I'm thinking of selling my Bolt and grabbing the Extreme. 350+ mile range with V2L. Insane value. Unfortunately for me, I'm in Canada. So I'm not sure how I'll go about getting one here.

[coolpix]

This is insane! Total despiration. A total disservice to Ocean owners. It's over and they know it. Chapter 7 is the only viable option.

[eddietrinidad]

Hey what happened to fiskerati? I haven't seen a post from fiskerati dude for quite a while

[teslatitan]

Fisker will get thrown a lifeline
It’s a beautiful car
Company restructure in fast order
Fire Geeta, Hire qualified competent CEO CFO COO to drive Fisker’s future.
Can’t be a family run business anymore. It doesn’t work

[FoodWorld]

he should act fast ..sell assets etc get the production going quick fix glitches keep going get more investors etc but fast his car has great potential its nice

[FoodWorld]

fisker would make a big mistake to file for bankruptcy big lawsuit no one will trust him ever again worse than money..reputation is valuable

[MichaelRose]

I can’t imagine buying one when they haven’t even given title to the guy you featured on Monday who took delivery in Oct 2023!

[foxtrotwolf]

Resale value doesn't matter unless you plan on flipping it. They always told you that buying a depreciating asset to make money is a fools errand. If you worry about resale value, stick to appreciating assets, you'll have better odds.