Fisker Inc. (FSR)
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Fisker reverses course on making Ocean owners pay for recall repairs
Bankrupt EV startup Fisker is reversing course just a few days after telling owners that they would have to pay labor costs for recall repairs. The company edited the FAQ page on its website to say “Fisker will provide the necessary parts (including the labor) at no cost to you.
Fisker reverses course on making Ocean owners pay for recall repairs
Bankrupt EV startup Fisker is reversing course just a few days after telling owners that they would have to pay labor costs for recall repairs. The company edited the FAQ page on its website to say “Fisker will provide the necessary parts (including the labor) at no cost to you.
Fisker Ocean owners stuck paying for recall repairs
EV startup Fisker is about to enter the fourth month of its Chapter 11 bankruptcy process, and existing owners just received some bad news: they will have to pay labor costs to resolve two of the five outstanding recalls on their Ocean SUVs.
NHTSA closes two preliminary probes into Fisker's Ocean SUVs
The U.S. auto safety regulator said on Wednesday it has closed two separate probes into Fisker's Ocean SUVs over an alleged door malfunction and a loss of brake performance, after the electric-vehicle startup issued recalls to fix the problems.
Fisker Stock: EV Startup Is Fighting With Its Lender to Avoid Chapter 7
Shares of Fisker (OTCMKTS: FSRNQ ) stock are down by another 10% today, bringing the bankrupt company's year-to-date loss to 99.78%. Now, the big question remains: who will be able to receive the proceeds from a liquidation?
Fisker Stock Alert: EV Maker Receives Approval for Fire Sale
After a relatively short legal snafu, Fisker (OTCMKTS: FSRNQ ) will be allowed to essentially liquidate its remaining inventory of electric vehicles (EVs) as a means of paying its creditors and bankruptcy costs. Indeed, on Tuesday, a Delaware bankruptcy court judge ruled in favor of the sale after the company faced an objection by the U.S. Trustee.
Fisker cleared to sell North American EVs for $46.25 million
Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 million. The approval of the sale clears the way for the rest of Fisker's bankruptcy process to play out as it continues to liquidate what's left of its failed business.
Fisker Stock Alert: Fisker Faces Opposition to Fire-Sale EV Plan
Fisker (OTCMKTS: FSRNQ ) has encountered some turbulence as it tries to liquidate its supply of unsold electric vehicles (EVs). Indeed, the U.S. Trustee Program, a Justice Department branch tasked with regulating the bankruptcy system, has objected to the company's proposed EV sale.
Fisker has one major objector to its Ocean SUV firesale
One major dissenter threatens to upend Fisker's apparent best chance at offloading its unsold EVs, a deal that would keep the startup's bankruptcy proceeding alive and pave the way for paying pack creditors some of what they're owed.
Fisker Stock Alert: CEO Slashes Salary to Cover Bankruptcy Costs
Fisker (OTCMKTS: FSRNQ ) CEO Henrik Fisker has cut his salary to $1 in an effort to pay off the company's bankruptcy expenses. Fisker stock, which is traded on the over-the-counter exchange or “pink sheets,” is down more than 8% today.
Fisker founder cuts salary to $1 to cover bankruptcy costs
Fisker CEO Henrik Fisker and his wife have cut their company salaries to $1. Fisker was once valued at $8 billion and planned to challenge Tesla.
Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive
Fisker Inc. co-founders Henrik Fisker and his wife Geeta Gupta-Fisker are lowering their salaries to $1 in order to keep their failed EV startup's bankruptcy proceedings funded, as lawyers work to complete a sale of its remaining inventory.
