this post was submitted on 24 Apr 2024
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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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[โ€“] [email protected] 13 points 6 months ago (1 children)

Demand is down because these vehicles are pushing $100k and interest rates on car loans are 7-8%. They did recently announce some new, cheaper models in the near future so it may turn around for them.

[โ€“] [email protected] 1 points 6 months ago

You're right. One interesting option right now is the mustang Mach E, dealers are dropping prices and Ford is giving 0% for 72mo. I just bought a California route 1 for 46k at 0%, and I wasn't planning on electrifying at current prices until that came up.