He bankrupted EV Car maker. #evs #stockmarket #youtuber

The New York Stock Exchange said Monday the stock would be delisted, citing "abnormally low" price levels. The NYSE typically delists stocks that fall below $1.00 per share for a period of more than a month.

The sharp decline in Fisker — the stock is down 95% year-to-date — comes as sales for its flagship Ocean electric vehicle have been lackluster.

In 2023, the company produced 10,142 units of the Ocean EV, and delivered just 4,700 of them to customers. Fisker lost $762 million last year on $273 million in sales, and held more than $1 billion in debt.

[AnoNym-zity]

If a review can kill your company, your company is not worth anything.

[henryalton]

MKBHD didn’t bankrupt Fisker. Fisker bankrupted themselves through piss poor management of funds and by releasing an unfinished product to the public in an incredibly competitive sector.

[CommandoMaster]

It’s not just about a video, it’s that the video showed how poor their cars actually were to the public.

[zenmelodyy]

Once your stock is below $1 your stock is already under threat of being delisted so the fact that it was at $0.73 means it was already in the 6 month period to bring up their stock value. It already wasn't doing well before the review

[slickdiggler]

Notice how its the Truth tellers who get blamed. Not the liars.

[BrokenEggs-es]

We need more YouTubers like him. Exposing the Scam Companies

[sanurawat]

Why blame a reviewer... He said what they delivered

[dekkerlundquist]

Nope, they bankrupted themselves by releasing a poor product.

[andyyg]

Henrik Fiskers constant lies killed the company, not Marques telling the truth

[Majesticrogueninja]

Good for Marques. We need more honest reviewers like him.

[TheColt]

Shows you that the power still lies in people, not corporations. In most cases, we are just divided too much to make use of it.

[Rln]

I was working for Fisker and let me tell you that his review didn't kill the company. The customers who bought the Fisker's vehicles kill Fisker's company due to alot of complaints to DOT, BBB & FEDS right along with piss poor management & Unnecessary spending of money and the cars was nowhere near finish other words they wasn't road ready @ all especially from breaks issues

[braeden]

That car is expensive, MKB told the truth, imagine he lied about it and someone spend that 70k on it, how upset would they be to find out their car doesn't even lock and unlock properly

[Gumshoe]

This is a benefit of the internet-helping consumers avoid losing money and getting scammed. THIS is why freedom of speech must never be restricted.

[PhannyObsession]

And he’s about to bankrupt the makers of the Humane AI Pin! Don’t send stuff to honest reviewers unless you’re prepared for an honest review!!

[alpharaccoonz]

not the only review out there, reviews only accelerate what was going on as long as they are truthful

[theta]

A big part of his videos is that it doesn't matter what they want he gives a mostly unbiased opinion and if they are selling it he will somehow someway get his hands on the tech so they can't just hide how bad it is or was

[muddywaters-cl]

thank you Marques! we need more vigilant people

[abdulhkeem.alhadhrami]

Car makers priority should be safety, not profit profit profit!

[Northwindbreeze]

I saw the video, he was just honest and saved people from the greedy. Well done