Fisker
Fisker, Inc is an electric vehicle company, founded by Henrik Fisker and Geeta Gupta-Fisker in 2016. As of 2024, Fisker has released one vehicle: the Fisker Ocean, an electric SUV. While Fisker received initial private investment, the company went public in 2020 through a reverse merge with a SPAC. The automaker filed for bankruptcy in June 2024.
Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale.…
VW taps Rivian in $5B EV deal and the fight over Fisker’s assets
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Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets…
Tesla makes Musk best-paid CEO of all time and Fisker bites the dust
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Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier this week.…
Ilya Sutskever’s new AI venture, and time to BeReal about bankruptcy
Get ready for a jam-packed episode of Equity, TechCrunch’s flagship podcast about the business of startups! This week, co-hosts Mary Ann Azevedo and Haje Kamps…
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The fall of EV startup Fisker: A comprehensive timeline
Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
Fisker failed because it wasn’t ready to be a car company
Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was…
Fisker Group Inc., the EV startup founded by famed designer Henrik Fisker, filed for Chapter 11 bankruptcy protection — a capstone to months of problems with its Ocean SUV that included…
Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration…
Robinhood’s crypto bet, AI-powered healthcare, and Fisker’s fall
As always, there was a lot happening in startup land this week, and the Equity team had so much fun breaking it down for you.…
Inside the demise of EV startup Fisker, and X’s new rules allow adult content
We’re kicking off the week with a deep dive from this weekend into the demise of electric vehicle startup Fisker at the hands of its…
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Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims
Update: Fisker has since filed for bankruptcy, after last-ditch efforts to rescue the company failed. An autonomous pod. A solid-state battery-powered sports car. An electric pickup truck. A convertible grand tourer EV with up to 600 miles of range. A “fully connected mobility device” for young urban innovators to be…
Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker
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Fisker cuts hundreds of workers in bid to keep EV startup alive
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…
Startups Weekly: Trouble in EV land and Peloton is circling the drain
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The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”
Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost…
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to…
Fisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to…
Fisker’s Ocean SUV investigated for doors that won’t open
The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. The NHTSA’s Office…
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Fisker enters into dumpster fire territory and Tesla chases FSD revenue
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Remember in…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. There’s…
Fisker lost track of millions of dollars in customer payments for months
Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete,…
The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels.
Fisker loses potential Nissan deal, putting rescue funds at risk
The negotiations between Fisker and a large automaker — reported to be Nissan — over a potential investment and collaboration have been terminated, a development that puts a separate near-term…
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TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before we…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Helloooo,…
TechCrunch Minute: EV makers are struggling, and Fisker’s in a particularly precarious position
Fisker’s finances are back in the news after the company warned in February that it didn’t have enough cash to make it through its next year. The company said this…