Fisker

composite of Fisker Ocean SUV, Fisker logoFisker, 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.

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VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

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…

The fight over Fisker’s assets is already heating up

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Elon…

Tesla makes Musk best-paid CEO of all time and Fisker bites the dust

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.…

Fisker faced financial distress as early as last August

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…

Ilya Sutskever’s new AI venture, and time to BeReal about bankruptcy

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Why Fisker failed 

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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.

8:00 am PDT • June 19, 2024
The fall of EV startup Fisker: A comprehensive timeline

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 failed because it wasn’t ready to be a car company

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…

EV startup Fisker files for bankruptcy

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…

Fisker’s troubled Ocean SUV gets its first recall

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.…

Robinhood’s crypto bet, AI-powered healthcare, and Fisker’s fall 

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…

Inside the demise of EV startup Fisker, and X’s new rules allow adult content

Featured Article

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…

2:57 pm PDT • May 31, 2024
Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Okay, okay…

Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker

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…

Fisker cuts hundreds of workers in bid to keep EV startup alive

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look,…

Startups Weekly: Trouble in EV land and Peloton is circling the drain

The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”

Fisker Ocean faces fourth federal safety probe

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…

Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims

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 starts new round of layoffs to ‘preserve cash’

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 plans more layoffs as cash dwindles and bankruptcy looms

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…

Fisker’s Ocean SUV investigated for doors that won’t open

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Fisker enters into dumpster fire territory and Tesla chases FSD revenue

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12:00 pm PDT • March 31, 2024
Fisker enters into dumpster fire territory and Tesla chases FSD revenue

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…

Startups Weekly: Big shake-ups at the AI heavyweights

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,…

Fisker lost track of millions of dollars in customer payments for months

The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels.

Fisker trading suspended by NYSE

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…

Fisker loses potential Nissan deal, putting rescue funds at risk

Featured Article

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…

12:00 pm PDT • March 24, 2024
TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus

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,…

Startups Weekly: What goes up must come down

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…

TechCrunch Minute: EV makers are struggling, and Fisker’s in a particularly precarious position

EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for a cash infusion. The company said in a Monday morning regulatory filing…

Fisker pauses production with just $121M in the bank
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