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

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.
- The Fisker Ocean Is Now $24,999. That Doesn’t Mean You Should Buy One InsideEVs
- EV maker slashes prices as it tries to avoid bankruptcy Fox Business
- Oh, Cool, Our $69K Fisker Ocean Is Only Worth $21K Now Edmunds.com
- Fisker's Financial Struggles Prompt Drastic Price Cuts on 2023 Oceans Fiskerati
- Fisker reservation cancellations top 40,000: leaked data Business Insider
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