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Ohhh, Fisker the Car company not Fiskar the scissor company.
It’s Fiskars
They also make wonderful axes and mauls I use to abuse trees and let all my anger out. A by product of this behavior is I also get to heat my home in the cold months.
Their lawn weed puller is legit also.
TIL it’s spelled Fiskar
Phew! Close one.
Only reason i clicked this post
Likely well deserved — but still unfortunate. The EV space only benefits from more options and more competition.
Competition is great, a company that can’t produce a quality product and ships a CAR with beta level software that can’t update OTA is NOT competition.
The auto industry is highly unfavorable to startups, the competition you want will come from the old ICE OEMs.
My wife was thinking between the Rivian s3 and the Fisker as our next vehicle.
This makes me sad to hear.
Rivian has been doing layoffs at their BloNo plant recently. I’m not sure if it’s just like everyone else in the tech sector or if demand is down.
and then abruptly cut its price so it could quickly get rid of existing inventory.
Why would anybody buy a new car that has no future of warranty or parts availability?
You can buy like 2-3 for the price of one. If you didn’t need to worry about software issues it would be a good purchase.
If you’re looking for a good chassis and powertrain with no need for anything g else it might make sense.
They’ll get bought out by somebody. How that looks as far as warranties and such…who knows.
Someone will wait for them to go bankrupt first. Poach any staff they need, and leave the rest to unemployment.
Well, they’ll certainly get bought for pennies for sure. My guess is that someone will offer BEFORE the bankruptcy, because nobody wants the extra admin overhead and cost of dealing with a subsidiary in bankruptcy. That’s why the company is putting out PR in the first place. Kind of like a “Make an offer now before it gets worse” kind of thing to any interested parties.
If you let them go bankrupt first then you can buy cheaper, and don’t need to let go of a bunch of surplus employees. I think it’ll be about the bottom line. I guess it all depends on the price and any likely competition for the purchase.
You can buy for the same price regardless. The difference is having a newly acquired company in the courts.
If they’ve gone bankrupt and sold their office space and laid off their staff then it’s definitely not going to cost the same.
I read that as Fiskars first, and thought noo not the scissor company! But all is good, just another EV startup gone flop.
THANKS MKBHD
Thanks MKBHD for not sucking corporate dick and actually showing issues with products and helping people make informed decisions on their purchases, right?
of course, i posted this as a joke (like “thanks Obama”), i really doubt his review had anything to do with the company going bankrupt, but seeing the downvotes i’ll really think twice before commenting
but seeing the downvotes i’ll really think twice before commenting
there is no point to farming karma on lemmy
What did he do?
Reviewed their car. People saw what they are buying before the purchase.
Surprise surprise. The CEO of a company I used to work for migrated to Fisker a good 10 years ago. By migrated I mean he injected a shit CEO who then ran down the company into bankruptcy and sold the pieces. This seems appropriate somehow. I mean the guy was alright, it’s just that the other junk CEO fucked up the company. Sort of like Google do no evil meets “hey you’re running out of the 15gb so I’m deleting your shit next month” CEO.
Friend, I’ve read this three times and still have no idea wtf you’re trying to say.
Good company before fiskar screwed over by bad CEO. CEO then goes to fiskar at different role but fiskar also bankrupts. Do you not see a pattern? LOL… I see patterns.
This is like reading my uneducated Republican mother’s ramblings on Facebook. Completely incoherent and gave me a brain aneurysm.
I know right? But for everything else there’s the block option.
Sounds like the same page as injected C-levels pushing Precision-Scheduled-Railroading at railroads with a massive boost to share value via slashed labor pools. 2 years later when labor can’t support operations and the company gets rekt, the new C-levels eject with a shiny parachute and dumped stocks.
We can’t have nice things.
