"Fisker's Drastic Price Cuts and Reservation Cancellations Signal Financial Struggles"

1 min read
Source: InsideEVs
"Fisker's Drastic Price Cuts and Reservation Cancellations Signal Financial Struggles"
Photo: InsideEVs
TL;DR Summary

The Fisker Ocean has become the cheapest new electric vehicle in America at $24,999 after drastic price cuts, but potential buyers should be cautious due to the embattled EV startup's financial struggles and the risk of bankruptcy. With the possibility of limited replacement parts, service support, and unresolved software issues, experts advise against purchasing the Ocean at this time, despite its attractive pricing.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

6 min

vs 7 min read

Condensed

95%

1,32363 words

Want the full story? Read the original article

Read on InsideEVs