Fisker Inc

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Fisker is a designer and manufacturer of emotion-stirring, eco-friendly electric vehicles. The company is on a mission to become an e-mobility service provider with sustainable vehicles because it is passionately motivated by a vision of a clean future for everyone.

Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023.

The fall of EV startup Fisker: A comprehensive timeline

The National Highway Traffic Safety Administration said Monday it has closed a preliminary investigation into Fisker over complaints that its all-electric Ocean SUV rolls away unexpectedly. The U.S. safety regulator opened an investigation in February after receiving four complaints — one of which resulted in an injury — over the failure of the vehicles to shift into park.

Fisker resolves federal safety investigation into rollaway risk

The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update.

NHTSA closes preliminary probe into 7,745 Fisker Ocean SUVs after software update

Fisker's plan to liquidate its assets has been accepted by the bankruptcy court in Delaware. And with it, the issue of who should pay for labor costs associated with a pair of recalls on the bankrupt EV startup's SUVs is finally settled.

Fisker owners get help with recall repairs as court approves liquidation plan

Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the company's $46 million sale of its remaining inventory of about 3,000 Ocean SUVs.

Fisker bankruptcy plan approved after deal on vehicle tech support

Fisker's Chapter 11 bankruptcy has hit a major snag, as the company buying the startup's remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue.

Fisker bankruptcy hits major speed bump as fleet sale is now in question

The U.S. Department of Justice said in a court filing on Monday that bankrupt electric vehicle maker Fisker's plan to pass on the costs of vehicle recalls to customers is illegal.

Making customers pay for Fisker vehicles recall repairs is illegal, DOJ says

The U.S. Department of Justice says bankrupt EV startup Fisker's plan to make owners pay for labor costs related to multiple recalls is illegal, according to a new filing.

Fisker's plan to make owners pay for recall repairs is illegal, DOJ says

The U.S. Securities and Exchange Commission is investigating Fisker and has sent multiple subpoenas to the bankrupt EV maker, according to a filing by the regulator on Friday.

EV startup Fisker faces probe by US securities regulator

Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator.

Fisker faces SEC investigation as bankruptcy case drags on

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

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.

Fisker Ocean owners stuck paying for recall repairs

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.

NHTSA closes two preliminary probes into Fisker's Ocean SUVs

SEATTLE--(BUSINESS WIRE)---- $FSRNQ #EV--Hagens Berman, an esteemed automotive litigation law firm is seeking to recover losses for Fisker Ocean EV owners amid Fisker's bankruptcy.

Hagens Berman: Law Firm with Historic Auto Litigation Practice Seeking Recovery for Fisker Owners Abandoned in Automaker's Bankruptcy

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: EV Startup Is Fighting With Its Lender to Avoid Chapter 7

As failed EV startup Fisker winds its way through bankruptcy, a persistent and tricky question has become a flashpoint of the proceedings: does its lone secured lender Heights Capital Management deserve to be at the front of the line to reap the proceeds of a liquidation?

The question haunting Fisker's bankruptcy

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Most companies have some debt, often accumulated during the low-interest rate environment from 2009 to 2021. Firms that are profitable may view debt positively, as a way to fund acquisitions, dividends and buybacks, making it easier for them to manage with relatively low carrying costs.

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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 Stock Alert: EV Maker Receives Approval for Fire Sale

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 cleared to sell North American EVs for $46.25 million

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 Stock Alert: Fisker Faces Opposition to Fire-Sale EV Plan

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 has one major objector to its Ocean SUV firesale

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 Stock Alert: CEO Slashes Salary 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.

Fisker founder cuts salary to $1 to cover bankruptcy costs

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.

Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive

It just keeps getting worse for bankrupt Fisker (OTCMKTS: FSRNQ ). Last month, the National Highway Traffic Safety Administration (NHTSA) announced three recalls for the Fisker Ocean SUV.

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