Fisker slash prices by $24k

[Mikebentley]

Fisker appear to be in a world of pain. They have announced a sale/price reduction in US starting 29/03/24 of -£24k. That brings the entry car down to $25k. Apparently some stock cars have paint and wheel options included that alone have a price of $7k.

This looks very much like a fire sale but unless they release the API etc these could become very heavy paperweights.

Thoughts?

[Mikebentley]

Thought I would repost my original post as it received zero comments. Is this the thing with Fisker, no one cares?

[matrignano]

Well they haven't REALLY launched in the UK yet, so I would think few people would have an opinion about them (Fisker) and their financial health?
I don't.

[CountyAFC]

I really like the Ocean. Shame if it all goes tits up.

[TooLateForAName]

matrignano said:

Well they haven't REALLY launched in the UK yet, so I would think few people would have an opinion about them (Fisker) and their financial health?
I don't.

There are 3 used on autotrader, £50k, £58k and £60k. I looked earlier to see if any demonstrators were listed at sensible prices.

[off_again]

Saw this news also. Where are these $24k Fiskers? Looked on their website and they still have the full price on them. I am guessing its stock models, but cant find them on their site. And the closest location is in the LA area.

[jonathan_roberts]

There are quite a few I have seen in Austria. They look great but if the reviews are to be believed they are a bag of st. For 25k though thats a bargain.

[Auto810graphy]

TooLateForAName said:

There are 3 used on autotrader, £50k, £58k and £60k. I looked earlier to see if any demonstrators were listed at sensible prices.

Have seen a couple being offered on consumer to trade websites with reserves close to list by the “early adopters”.

Reality has clearly slapped them down when the bid offers are £15k less.

[Mikebentley]

I looked at registering an interest when they were announced. They then went to a model whereby only one leasing company were offering lease options. I then gave up as it all seemed a bit odd. I’m UK based and believe the offer is on US stock starting tomorrow. I saw it on Reddit yesterday.

[TooLateForAName]

Auto810graphy said:

Have seen a couple being offered on consumer to trade websites with reserves close to list by the “early adopters”.

Reality has clearly slapped them down when the bid offers are £15k less.

Only £15k down?

I was thinking it might be worth a punt at £20k - £25k. No way I would risk more than that.

[autumnsum]

It's wild how this Fisker fella can keep raising money.

[CountyAFC]

jonathan_roberts said:

There are quite a few I have seen in Austria. They look great but if the reviews are to be believed they are a bag of st. For 25k though thats a bargain.

Reviews I've seen were positive.

[James6112]

jonathan_roberts said:

There are quite a few I have seen in Austria. They look great but if the reviews are to be believed they are a bag of st. For 25k though thats a bargain.

Would it be a bargain if/when they fold ?
Support?
Could try to wing it!

[Shiv_P]

The stock price drop appears to have been driven by the video by MKBHD, a very large tech youtuber - https://www.youtube.com/watch?v=6xWXRk3yaSw&t=...

[ex1]

I looked at them in the Milton Keynes showroom. They appeared to be well built, much better than I had expected.

[m3jappa]

tbh i think they look awesome and the one with silly power looks totally mental! Theres a lot more appeal than most ev's imo.

I would love one but not at the 600 and something lease price, especially when the list is fairly low to start with.

[Rough101]

Shiv_P said:

The stock price drop appears to have been driven by the video by MKBHD, a very large tech youtuber - https://www.youtube.com/watch?v=6xWXRk3yaSw&t=...

Which is bizarre, as basically it’s just software bugs and he even says in his video that updates are incoming but only makes it clear in the comments that this was a pre-production car.

[TooLateForAName]

Rough101 said:

Shiv_P said:

The stock price drop appears to have been driven by the video by MKBHD, a very large tech youtuber - https://www.youtube.com/watch?v=6xWXRk3yaSw&t=...

Which is bizarre, as basically it’s just software bugs and he even says in his video that updates are incoming but only makes it clear in the comments that this was a pre-production car.

Is the price drop driven more by the fact that the company has basically gone bust?

[rodericb]

It's a bit of a shame. They got good reviews generally but some software glitches let it down. Couple that with the seeming slowdown of EV's and people in that price range probably wanting to go with established names with such new technology and there you go.... The silly thing is that they're made by Magna Steyr who also make the i-pace, BMW Z4, BMW 5 series.... Maybe they should be promoting that fact - and get the guy (Terrence Reilly) who managed to get the world hooked on Crocs shoes and those Stanley cups!

[Mikebentley]

TooLateForAName said:

Rough101 said:

Shiv_P said:

The stock price drop appears to have been driven by the video by MKBHD, a very large tech youtuber - https://www.youtube.com/watch?v=6xWXRk3yaSw&t=...

Which is bizarre, as basically it’s just software bugs and he even says in his video that updates are incoming but only makes it clear in the comments that this was a pre-production car.

Is the price drop driven more by the fact that the company has basically gone bust?

I would say so. If they do go titties up then there should be some regulations that software (API?) is made openly available. Otherwise these could be essentially bricked.