The sad (or rather scary) story of Fisker

I never knew this was so bad. I mean really, really bad…
It sure looked like it'll be a good business. It was a damn nice car anyway. I still want one. So if any of those 600 that are just sitting there at dealers need a new home, just let me know. I'll make some place in my garage immediately ;)

#carindustry #fisker #rip #business

The sad long story of Fisker Automotive, ‘the largest VC-backed debacle in U.S. history’
“Fisker spent a stunning $900,000 for each vehicle it produced,” PrivCo chief executive Sam Hamadeh told me. “Then they sold them to dealers for an invoice price of just $70,000.”

Read it in all its glory on Google+

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