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Anonymous

Hey I am on Medial • 11m

Another electric vehicle manufacturer has declared bankruptcy. 😞 Electric car startup Fisker, founded by Henrik Fisker, has filed for bankruptcy. The company attempted to revive its business model of contract manufacturing cars through outsourcing but did not succeed. By the end of last year, Fisker had laid off 15% of its employees, incurred $463 million in losses, and fully depleted investor funds over the last quarter. 💸 Among the company's investors were Leonardo DiCaprio, Palo Alto Investors, and Qatar Holding. 🌟

4 replies10 likes

Replies (4)

Anonymous 2

Hey I am on Medial • 11m

The car looks super cool tho. Chinese manufacturing comes to play, and companies who have even a bit lesser value to provide, just wipe off. As simple as that.

1 replies2 likes

Anonymous 1
•

Wipro • 11m

The investors 😮‍💨

0 replies1 like

Rajdeb Dey
•

Protrader • 20d

it's competitive market and growing faster than one can ever imagine. So it was a tough task.

0 replies

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