Fisker Asks Bankruptcy Court To Let It Sell Thousands Of Ocean EVs At Fraction Of Original Price
Portfolio Pulse from Anan Ashraf
Fisker is seeking approval from the Delaware bankruptcy court to sell 3,321 Ocean electric SUVs at a significantly reduced price of around $14,000 per vehicle. The company filed for Chapter 11 bankruptcy in June and is looking to sell its inventory to American Lease. Fisker has faced multiple recalls and safety concerns with its Ocean SUVs.
July 05, 2024 | 2:59 pm
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Fisker is seeking court approval to sell 3,321 Ocean SUVs at a significantly reduced price amid its Chapter 11 bankruptcy. The company has faced multiple recalls and safety concerns, impacting its financial stability.
The news highlights Fisker's financial struggles and the significant discount on its Ocean SUVs, which could negatively impact investor sentiment. The multiple recalls and safety concerns further exacerbate the company's challenges.
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