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Published 11 days ago

California-Based EV Maker Fisker Cruising Toward Bankruptcy

Summary by The Epoch Times
California-based electric vehicle maker Fisker is running out of money and could file for bankruptcy in June. The company, based in Manhattan Beach, Calif., defaulted on a loan after failing to make a $8.4 million interest payment last month, according to Fisker’s year-end report to the Securities and Exchange Commission (SEC) filed April 23. “We have concluded there is substantial doubt as to our ability to continue as a going concern,” the com…

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The Epoch TimesThe Epoch Times

California-Based EV Maker Fisker Cruising Toward Bankruptcy

California-based electric vehicle maker Fisker is running out of money and could file for bankruptcy in June. The company, based in Manhattan Beach, Calif., defaulted on a loan after failing to make a $8.4 million interest payment last month, according to Fisker’s year-end report to the Securities and Exchange Commission (SEC) filed April 23. “We have concluded there is substantial doubt as to our ability to continue as a going concern,” the com…

11 days ago·New York, United States
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