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Fisker now expects to go bankrupt within 30 days (www.arenaev.com)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 60 points 6 months ago (7 children)

Likely well deserved — but still unfortunate. The EV space only benefits from more options and more competition.

[–] [email protected] 49 points 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.

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