And all it took was scapegoating a reviewer kid. (Don’t look at the stock prices before that, please)
Fisker now expects to go bankrupt within 30 days
Submitted 6 months ago by boem@lemmy.world to technology@lemmy.world
https://www.arenaev.com/fisker_now_expects_to_go_bankrupt_in_30_days-news-3457.php
Comments
DmMacniel@feddit.de 6 months ago
AmbiguousProps@lemmy.today 6 months ago
Context, I think: businessinsider.com/mkbhd-fisker-ocean-review-mar…
tias@discuss.tchncs.de 6 months ago
Fisker found out Brownless got the car from an outside source
That typo is hilarious
slaacaa@lemmy.world 6 months ago
“The company is Fisker’s second automotive startup. His previous startup, Fisker Automotive, filed for bankruptcy protection in 2013. Fisker launched his second automotive company in 2016.”
Actual picture of investors: 🤡
Ejh3k@lemmy.world 6 months ago
And I didn’t really think his review was all that scathing.
Zron@lemmy.world 6 months ago
Marques is actually very balanced even in his critical reviews.
Even with the Humane AI pin, he did commend them on their physical build quality, even if the rest of the device was practically useless, he never outright said that, just points out the flaws.
Although I do wonder sometimes how much he tries to hard to be balanced, as some products, especially cars due to the price, don’t deserve kind treatment for noticeable faults.
teejay@lemmy.world 6 months ago
It wasn’t. Fisker’s shitty response is what made it an even bigger deal.
pastabatman@lemmy.world 6 months ago
I agree, but to be fair the title was a little clickbaity and was seen by a whole lot of people who didn’t watch the video and just scrolled past it.
Furbag@lemmy.world 6 months ago
It wasn’t really. It certainly didn’t make me want to go spend $70k for one, but I wouldn’t have entirely dismissed the brand as a whole for one of their first forays into both auto engineering and EV production. If I got one for free, I’d drive it. By the time I need a new car, it would have been worth looking into again.
Fridgeratr@lemmy.dbzer0.com 6 months ago
Yeah… if the car wasn’t shit, the review would have been more positive. It’s but the reviewer’s fault the car sucks lol
ours@lemmy.world 6 months ago
In this case yes but as an example Linus Tech Tips has put companies in trouble by botching their reviews: using the wrong GPU with a prototype cooler (despite being provided the GPU…) and not removing the protective film on a gaming mouse.
EncryptKeeper@lemmy.world 6 months ago
30 year olds are kids now? This is big
johannesvanderwhales@lemmy.world 6 months ago
Well tbf a lot of people have been following him since he actually was a kid. He started the channel when he was in high school.
DmMacniel@feddit.de 6 months ago
Ask the Fisker technician who called the guy who rented out the EV to Browlee.
Yaztromo@lemmy.world 6 months ago
Likely well deserved — but still unfortunate. The EV space only benefits from more options and more competition.
RupeThereItIs@lemmy.world 6 months ago
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.
Donjuanme@lemmy.world 6 months ago
My wife was thinking between the Rivian s3 and the Fisker as our next vehicle.
This makes me sad to hear.
thisbenzingring@lemmy.sdf.org 6 months ago
but the choice is easier now
PriorityMotif@lemmy.world 6 months ago
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.
Thrawne@lemmy.world 6 months ago
Vordimous@lemmy.ml 6 months ago
Only reason i clicked this post
swordgeek@lemmy.ca 6 months ago
Fisker said it hired a Chief Restructuring Officer in the hopes of staving off bankruptcy.
Ah yes. No better way to reduce costs than hiring another C*O.
maniel@lemmy.ml 6 months ago
THANKS MKBHD
Geth@lemmy.dbzer0.com 6 months ago
Thanks MKBHD for not sucking corporate dick and actually showing issues with products and helping people make informed decisions on their purchases, right?
maniel@lemmy.ml 6 months ago
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
Zoldyck@lemmy.world 6 months ago
What did he do?
kokesh@lemmy.world 6 months ago
Reviewed their car. People saw what they are buying before the purchase.
TheFeatureCreature@lemmy.world 6 months ago
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?
Brkdncr@lemmy.world 6 months ago
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.
AmbiguousProps@lemmy.today 6 months ago
If it’s cheap enough, someone will buy. I’m interested to know how it’ll work in this case though.
just_another_person@lemmy.world 6 months ago
They’ll get bought out by somebody. How that looks as far as warranties and such…who knows.
essteeyou@lemmy.world 6 months ago
Someone will wait for them to go bankrupt first. Poach any staff they need, and leave the rest to unemployment.
IWantToFuckSpez@kbin.social 6 months ago
some rich hobbyist engineer/mechanic might buy one for parts. So they can use the parts to convert a ICE car into an EV
werefreeatlast@lemmy.world 6 months ago
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.
teejay@lemmy.world 6 months ago
Friend, I’ve read this three times and still have no idea wtf you’re trying to say.
the_third@feddit.de 6 months ago
Oh, okay, I was already checking for typical signs of a stroke.
werefreeatlast@lemmy.world 6 months ago
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.
XeroxCool@lemmy.world 6 months ago
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.
werefreeatlast@lemmy.world 6 months ago
We can’t have nice things.
helpImTrappedOnline@lemmy.world 6 months ago
I read that as Fiskars first, and thought noo not the scissor company! But all is good, just another EV startup gone flop.
0x0@programming.dev 6 months ago
Why isn’t adapting ICEs into EVs a thing? Why more lithium-based ewaste with build-int obsolescence?
woelkchen@lemmy.world 6 months ago
Why isn’t adapting ICEs into EVs a thing?
Because it’s stupid.
lithium-based ewaste
That’s propaganda. Lithium ion batteries can be well recycled. First second life as static energy storage, then broken down into materials and wheich are then reused. Around 98% of the materials can be recycled.
with build-int obsolescence
Batteries can be replaced. Nio makes it super easy, other manufacturers require one day at a repair garage. Overall way fewer parts suffer from degradion from use in EVs than ICE cars.
BreakDecks@lemmy.ml 6 months ago
Disposable vapes put more lithium into landfills than EVs. Everyone throws their vape in the trash, nobody throws their EV battery module in the trash
0x0@programming.dev 6 months ago
Overall way fewer parts suffer from degradion from use in EVs than ICE cars.
That’s only because an EV has less moving parts. And yes, there is built-in obsolescence in any modern car, ICE or otherwise.
Auk@kbin.social 6 months ago
Adaptions are a thing. However paying someone to do it costs a lot of money (even doing it yourself is not cheap) and it's not much more of a stretch to one's budget to get a whole new car built from the ground up as an EV, so commercial conversions tend to be a niche market focused on more interesting vehicles (e.g. what this Melbourne based conversion company converts).
lemmyng@lemmy.ca 6 months ago
GM had at one point been working on an eCrate block for conversions, but they seem to have abandoned it.
0x0@programming.dev 6 months ago
Economies of scale, i guess… Renault seems to have tried it, perhaps for internet points only though.
I can’t shake the feeling that the technology is there and attainable, but… money. Which means it only favors automakers.
bitchkat@lemmy.world 6 months ago
How would converting an ICE to an EV reduce the need for lithium?
frezik@midwest.social 6 months ago
Do you mean converting an ICE into an EV in your garage? There are hobbyists who do that, but it’s not a small project.
Do you mean taking an existing ICE frame and making an EV version? It happens. The Mini Cooper EV is a Cooper S with the guts from the BMW i3 dropped in. They changed as little as they could get away with. They even left the hood scoop on.
It makes for an EV that’s just OK, but not great.
0x0@programming.dev 6 months ago
Do you mean taking an existing ICE frame and making an EV version? It happens. The Mini Cooper EV is a Cooper S with the guts from the BMW i3 dropped in. They changed as little as they could get away with. They even left the hood scoop on.
Meaning it can be done. I don’t think there are that many engineering challenges to overcome. If the main obstacle is money, perhaps stopping the subsidies to Big Oil would help?
SlopppyEngineer@lemmy.world 6 months ago
Adapting is very labor intensive, so very expensive. Somewhere between $20.000 and $65.000 depending on the car. They do that for old timers where somebody is willing to pay for it for the love of the car to keep it running when the engine is busted. But with that price tag, you can just as well buy a second hand or even a new EV.
0x0@programming.dev 6 months ago
So yay landfills? So caring for the environment is only important when it’s cheap?
JohnDClay@sh.itjust.works 6 months ago
The power train is the most expensive and largest part of an EV. So stuffing it info a vehicle that isn’t meant for it is pretty tricky. It’s easier if you sacrifice the truck or back seat for batteries, but it’s still hard.
0x0@programming.dev 6 months ago
So it seems, but aren’t electric motors way smaller? Heck Ryan F9 fits inside a truck’s engine space (but i’m trying to make a point for any vehicle, yes).
bdonvr@thelemmy.club 6 months ago
It is a (VERY niche) thing
cm0002@lemmy.world 6 months ago
Ohhh, Fisker the Car company not Fiskar the scissor company.
JaymesRS@literature.cafe 6 months ago
Fickars the blade company also makes Gerber products. The knives, not the Baby food.
negativeyoda@lemmy.world 6 months ago
Babies can eat knives if they’re brave enough
triptrapper@lemmy.world 6 months ago
Knives, the cutting implement? Not The Knife, the Swedish electronic band?
PraiseTheSoup@lemm.ee 6 months ago
and Gerber the knife brand used to be an absolute seal of quality but now the majority of their items are cheap chinese-manufactured garbage. Only the top dollar knives are still any good. It’s quite sad really.
maniel@lemmy.ml 6 months ago
It’s Fiskars
Assman@sh.itjust.works 6 months ago
I bet they’d make a sharp looking car
Fisk400@feddit.nu 6 months ago
In the irradiated wasteland after the climate wars there will be a blacksmith somewhere stamping Fiskars on the crude sheers he uses to shave his two headed sheep.
Diplomjodler3@lemmy.world 6 months ago
Then he will be zapped for trademark infringement with an orbital laser operated by the space oligarchs.
TrickDacy@lemmy.world 6 months ago
TIL it’s spelled Fiskar
nickwitha_k@lemmy.sdf.org 6 months ago
I was pretty worried about that TBH. I don’t buy them frequently but that’s because they’re usually good tools that last.
czardestructo@lemmy.world 6 months ago
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.
glitch1985@lemmy.world 6 months ago
Their lawn weed puller is legit also.
iFarmGolems@lemmy.world 6 months ago
Phew! Close one.