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Bankrupt Tesla rival to sell off electric SUVs for $3700 each – report

6 July 2024, 1:00 pm

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Bankrupt Tesla rival to sell off electric SUVs for $3700 each – report
Image: Drive
Bankrupt Tesla rival to sell off electric SUVs for $3700 each – report
Image: Drive

AutoExec Summary
Fisker, a bankrupt electric car maker, is selling off its remaining batch of SUVs at $US2500 each to pay off its debts. The company filed for bankruptcy in June after financial struggles and paused production of the Fisker Ocean, a Tesla Model Y-rivalling SUV. Fisker is in talks to off-load the last 3231 vehicles for as little as $US2500 each in order to pay off its debts. A hearing to decide the outcome will take place next week. Fisker has been struggling for cash and aimed to deliver about 42,000 Oceans in 2023 but only managed to build 10,000. Brands mentioned: Fisker, Tesla, Aston Martin, BMW.

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