What Does Bankruptcy Mean for Fisker?

[@momotheninja578]

Hope it was a great anniversary! No apologies needed, I think your priorities were correctly aligned .

[@Aslash304]

@@momotheninja578 I sincerely thank you for this! And thanks for watching, it means the world

[@Coolcatgrooves]

This is such a horrible outcome for all of us who bought this car. All my life, I have always kept a positive outlook, but for the first time, after making the worst decision I have ever made, that positivity is quickly diminishing. I do appreciate the in-depth and deep dive.

[@Aslash304]

Thanks so much for watching. I working on some potential solutions

[@philipkoekemoer4705]

Should have stuck with the south African engineer and not the Danish bullsh1tter

[@socialistcynic]

Thank you for your funny an informative videos Adam. Im just a sucker who lost money on Fisker stock. Ive followed the pain and comedy of owning one from a safe distance - via you! Youre really good at breakdowns of goings on in the EV industry, perhaps you could do more content along those lines in the future. There will be shenanigans to come from other companies for sure. Best wishes.

[@Aslash304]

@@socialistcynic i’ll be more than happy to do that, let me know where to start.

[@peterbrown8325]

By coincidence, my wife and I also had our wedding anniversary on June 20, whilst on holiday in Lanzarote in Spain. Happy anniversary to you both. Thankfully, we were never duped by Henrik Fisker!

[@Aslash304]

I’m very glad you weren’t duped! Happy anniversary to you and your wife, and thanks for the kind words!

[@effingsix3825]

Thanks for quoting the Reuters article. They did a good job of pointing out the court claims. What should have been immediate was the chap 11. But it was delayed, basically because of the complexity of the filing. Just my guess. The operatic drama of the courtroom where they take opposite sides of the barbershop with too much shaving cream while they all soak under hot towels will be straight out of bugs bunny. It looks like they tried to navigate a restructuring by themselves, though they would ultimately have to rely on the courts. Business by court proceeding is going to be intolerable, especially if they get their chap. 11 filing tossed out by the court, because the creditors fundamentally disagree and won’t budge. Could be a year until the insolvency question comes up, because of all the claims and counterclaims. My guess would be the insolvency will probably be given the green light if not at the end of this fiscal year, the ens of next fiscal year, whereupon it’ll take a year for that one to get sorted. 🤔 Are you absolutely certain you don’t want to run the company, Adam?

[@Aslash304]

I really appreciate your take. It looks to be long, messy, and annoying for everyone. I think I’ll let my 2 year old nephew have the company before I would. He could make some improvements. Thanks for watching!

[@michaelkim3432]

I think what's more likely behind the delay was a struggle over the remaining assets between the noteholder(s) and the Fiskers. Obviously we know who ultimately won that battle as the Fiskers have been MIA for awhile now. But you can be sure that Henrik and Geeta were taking post-it pads and boxes of sharpies home at every opportunity!

[@Turbomgzt]

I believe once the 4,300 unsold assets are claimed, it will be an immediate ch 7. According to the official bk Court advisor?

[@effingsix3825]

Fisker is under administration by the court process. That means they don’t just arbitrarily wind up the company as they have debtor in possession. It will be up to the creditors to argue their case before the judge in bankruptcy court. If they don’t come to an agreement, which can be mandated by the judge, then the company is wound up.

[@phill6885]

You are a real trooper Adam sticking with the saga all this time. Like others, I wish you and your wife "Happy Anniversary". I put 500 miles on my Blazer RS EV this weekend with no problems, something I'm not sure I would have attempted with the Ocean, especially driving through Los Angeles.

[@Aslash304]

I’m so glad you like your Blazer! I am at 2000 miles on the Prologue, and did about 1000 over vacation. It’s a great over the road car. I appreciate you sharing your experience

[@rmorales1029]

I drove 1900 miles from Reno to Victoria Canada and then to a Orcas Island, WA 2 weeks ago and had no issues with the car. Charge station issues but the car was wonderful. Not sure how many more wonderful trips I’ll be seeing in the future though.

[@phill6885]

@@rmorales1029 I'm glad you had a trouble free trip, my experience with the Ocean Ultra was not trouble free. The key fob never worked properly, there were constant error messages even with software release 2 parts 1, 2 & 3. The cruise control would kick off if the vehicle hit a rough spot in the road which would cause regen to kick in and the regen would cycle on and off when decelerating if the road was rough. It's a shame that the vehicle had so many software issues as I liked it when it worked.

[@tomshiba51]

If they go bankrupt, does that mean no more scissors?

[@Aslash304]

They didn’t make the cut

[@IrvinBohac-y3q]

My friend in Miami bought the Fisker Ocean Extreme for 24k and some change. I was stunned, but now I can see why.

[@Aslash304]

It’s a gamble, for certain

[@DMan-OceanOne]

Happy Anniversary to you and your wife! Time to unload the Ocean. Starting looking at the new Acura ZDX…specs are closest to Fisker and it’s an Acura. Facts, I’m told, are stranger than fiction and in the case of Fisker everything is upside down and way stranger than any Crichton novel.

[@Aslash304]

Couldn’t agree more. I have a Prologue, the lower powered, less luxurious cousin to the ZDX, and I’m a fan!

[@joeyscleaninglady2877]

The last BK Fisker had a separate entity that held the trade dress which licensed it to Fisker Automotive. Would be interesting if he is running this same sham to keep the trade dress and also grift a royalty.

[@Aslash304]

@@joeyscleaninglady2877 will look into this. Thanks again for all your insights.

[@orhbo0]

Yeah, I wonder if the patterns or design, +/- Henrik & Geeta themselves 😁

[@tonespeaks]

@joeyscleaninglady2877 Even though I haven't been a fan of Fisker, he is well within his rights to hold on to "Fisker" trademarks and etc. This is common with Founder/CEO because the Fisker name did have some value.... in fact it may have some value in the future. This is a crazy world, there are people with money who may want him to front their vehicle, especially a Chinese Brand.

[@stphinkle]

I wonder if the last software update if they are going to disable features so that the vehicles provide just basic functionality that does not rely on their servers (be able to drive, no telematics, no cloud access, no server based functions, no remote access, no app access, run everything locally, etc) and then discontinue all future updates.

[@Aslash304]

The last update is 2.2. It’s primarily to implement a recall by NHTSA. There’s no loss of functionality. kzbin.infovn7A72w1Vzs?si=GXpeGjsN1Kt2ZBAP here’s the release notes

[@DaveDarin]

It is interesting that prices of the Ocean have become stable at between $26-30k. That's interesting. I would be in at $17-19k. Even if it became a parts car to support others I think that price makes it a potential purchase. But it would be a weekend and local driver where I can get it towed home under AAA. And, at that price assuming I can get one at that price, I would just insure it for liability. I'm a pretty careful driver but that does not mean that others are not careless. So, I'd have to try to consider my luck and if it's a wreck I lost $17k with perhaps an Ocean I can part out and recover a respectable amount. No idea how to attempt to sell the battery which might make it profitable. I can't see that one buyer targeting these as LYFT or UBER vehicles. The lock outs, etc. makes them a risk and I'm not sure how legal it would be for a Lyft or Uber vehicle to have a cracked windshield and still be able to be used in a lyft or uber business vehicle. Maybe they have the in to sell the batteries at a profit.

[@Aslash304]

I don’t know what would make anyone want that car.

[@tuomasholo]

It may take a few more months for the trade in value to reach the teens.

[@tuomasholo]

@@Aslash304I suspect it’s parts are worth more than the current value

[@NavigatorBR]

The only thing I can think of with the Uber/Lyft plan is their idea is to just run them into the ground as a fleet vehicle, and then 'scrap' them once they're unserviceable. Strip the unserviceable ones to support the rest until they're all unusable, then just scrap the lot. A baffling plan, but that's the only one I an think of, there's little else that would make sense.

[@DaveDarin]

@@NavigatorBR i was thinking the exact same scenario.

[@Turbomgzt]

Thank you for your personal time on this one Adam. Wishing you and your good lady many more happy anniversaries mate. Lots of love and respect from over the pond in the UK. Ps I'm upset Assange got away from US justice 😢

[@Aslash304]

Thanks so much for this! Cheers from the States!

[@TonyGoff-Yu]

Wondered where you were! Hope you had a great anniversary 🙌

[@Aslash304]

I appreciate this! Thanks for watching!

[@danielflockinger5280]

Bought the stock at $7,79 - Hold 10.000 Shares. Lost $77900 - Bought a Ocean One for 73K EUR... Overall this adventure cost me 150K - The car is rubbish... and i have learned a lesson. - I dont drive it any more. It is standing in the garage. I drive my Model X again. Old but gold.

[@ellisrochlin2267]

@@danielflockinger5280 bet your fuming

[@hairyporter6736]

Ouch 😂😳

[@lbheat02]

Damn. Sorry for the huge hits!

[@luismiguel4156]

Sorry 😞 bro ,I wish better luck in other stocks

[@ponce-87]

Yikes, but sounds like you make enough money to not let it affect you much

[@zhuluxurylifestyle9381]

It’s actually a little comforting to know that one buyer is going to buy all the remaining vehicles, which sounds like they are going to operate these vehicles or lease them out. With that, these vehicles have to be serviced with aftermarket parts

[@wizzyno1566]

Not really. Some could just be cannibalized to fix the others as they will have got the cars so cheap.

[@Aslash304]

I think they will lease part and use part to support those that are leased. It’s bad news for owners, really. It makes the Onwer base the current owners only, and makes supporting them potentially less profitable, as American Lease will likely take care of everything in-house. Just my opinion.

[@stphinkle]

@@Aslash304 I suppose they will contract with someone else to reproduce some parts or send a team to reverse engineer the internal workings. Perhaps they plan to buy some of the copyright and patent rights to the vehicle's Intellectual property to maintain them themselves or custom make parts. A big company could potentially afford to go that route, and if they have the IP rights, they could send an engineer to unbrick, develop a new ROM or software update that works with their own servers, or similar, and a for a fleet of rideshare vehicles it could prove cost effective on a whole fleet and add the functions they want and need.

[@Turbomgzt]

So Hights claimed they owned 4,300 unsold stock as long ago as November due to a clause in failing to disclose 8K. How the hell can that be? How did Fisker get a payday loan without disclosing all the unsold stock was already taken. Lies lies lies lies! Surely criminal proceedings must come of this?

[@Aslash304]

I’m curious to see. Lots of clues here. Thanks for the feedback!

[@rlgwoody8966]

Happy Anniversary to you and the Mrs. 🎉

[@Aslash304]

Thanks so much for this!

[@michaelkonopka]

There is a dealer in Costa Mesa California on Newport Boulevard that has been receiving Ocean’s by the truckload, they’re squeezing them in on their lot and lot around the corner,,, they were originally selling used Tesla’s ,,, seems fishy.

[@Aslash304]

Getting ready for the sale.

[@richardwall7774]

Here’s some thoughts/ questions around software. If a leasing company is willing to buy 4300 cars, what do they know that we don’t? They must have a plan to keep these cars on the road for years. Are they somehow gaining the access to write code? Will they offer software as a service to Fisker customers? Can any smart coding person do the work legally? I would think random programming is probably not allowed by the DOT and all the various safety codes the car/ all cars go through to be deemed street legal?

[@Aslash304]

My opinion is that someone who owns 4300 of them will ask for access to the FAST tool and get it. They will have the buying power to contact the providers of all the services they need and sign up for them independently. And, after that, they can keep a small fleet on the road, and use the rest of the fleet for parts. They can even sell the batteries of damaged or scrapped vehicles because they are operating at scale. It’s a nice plan if the price is right.

[@richardwall7774]

@@Aslash304 sounds logical. It will be strange that 30% of the Fiskers in the world will be well supported while the remainder will have zero support.

[@Aslash304]

@@richardwall7774 I tell everyone to get out. Run. As far as you can

[@richardwall7774]

@@Aslash304I agree. I sold my One in late April and the whole experience feels both like the dumbest and the smartest thing that I have ever done. Smart because I sold at $40k instead of zero.

[@leverton275]

Awesome work Adam - excellent video, snippets of the news reports as well as research. My favorite type of your videos.

[@Aslash304]

I really appreciate it! Thank for watching!

[@michaelkim3432]

I'm here to watch it burn!! Haha, thanks Adam! Great reporting as usual!

[@Aslash304]

@@michaelkim3432 thanks a lot for this, as much as I have interest in the future for owners, and I want to help them find resolutions, there is some part of me that feels good to watch some sizzle.

[@michaelkim3432]

@@Aslash304 Yup, I feel badly for owners and shareholders, but I shed zero tears for Henrik and Geeta.

[@cjzito]

I'm mostly worried about software . . . fixing functionality that breaks (which is very pervasive), completing functionality that was promised, and maintaining an over-the-air update capability. Hardware can be copied and fabricated. But software requires very special tools, expertise. Also the ownership rights to that software.

[@Aslash304]

The software is the reason to get rid of it. There are layers and layers of uncertainty.

[@shivercanada]

Best anyone can hope is that this company will take over Fisker, parts and service and continue the company but manage it properly. Not likely but possible.

[@Aslash304]

Could be, what company are you referring to

[@dwarfsbelly4652]

Adam, Happy Anniversary to you both, hope you have many more. Love your informative videos always. Your amazing keep up the great work. Cheers D

[@Aslash304]

Thank you so much for this! I really appreciate you tuning in!

[@foxtrotwolf6081]

Although your stocks may be technically "worthless," they have value equal to what someone wants to pay for it. You just have to convince a potential buyer that they're getting a good deal. Car dealers do it all the time, e.g. "nitrogen".

[@Aslash304]

Good point

[@HiiImChris]

As a software engineer, if i had the money id honwestly get one as a hobby and learn and dissect its software and build. It would be fun becoming an expert at working on one

[@Aslash304]

This is a valid reason to buy one.

[@davidmerwin7763]

Happy Anniversary!!! Well done as usual Adam. I don't think I want 2.1. My FOU has been running fine, more or less, since a tech fixed my 2.0 update. The future does not look bright for my FOU.

[@Aslash304]

If you can find a way to get out, I can’t recommend it enough if it doesn’t financially cripple you. The worst thing about 2.1 is most come through without any confirmation. Either way, best of luck and thanks for tuning in!

[@davidmerwin7763]

@@Aslash304 Okay, thanks Adam. I don't think there is a way to stop 2.1, but I will see. Enjoy your vacation!!!

[@gamemusicify]

The fisker rabbit hole is wild if it wasnt 45k id buy it and it would be the perfect fixer up truck i feel like he could have a hidden market of diy if he rebranded and made things open source shit as i decide on what i want for my first car i might just see if i can pick one up

[@Aslash304]

@@gamemusicify they are much cheaper now. Watch my most recent video on why open source will never happen. Thanks for your feedback

[@gamemusicify]

@Aslash304 is it? When I check there website I see it still cost around 45k assuming il need to go to a dealer tho for a better price and yeah loving your videos man I'm new to the car world so been learning more and more about various brands

[@Aslash304]

@@gamemusicify there aren’t any new Fisker oceans, they were all sold to American lease, an Uber and lift rental fleet operator in New York City. The only remaining oceans are used, for sale on dealer lots, or from auctions you’ll never get a new ocean, they don’t exist. I’m really glad you’re liking the channel.

[@gamemusicify]

@Aslash304 ahh ty for the info again sorry if my questions seem redundant I'm still more or less learning about the whole situation

[@johnklaman9548]

As a former FOE owner I have lost about 40k. My trade in gave me 29k. I bought a leftover 23 Volvo C 40 which was discounted 15k. I got another 1000 off. The C40 sticker was 62k. In the face of the problems with software and no support from Fisker, I couldn't hold on. The C40 Twin Recharge has been a gem compared to the Fisker. The Fisker had better range and a California mode roof. Otherwise it was a scam. There is nothing left for the owners. Good luck with your Ocean. I sincerely hope for a miracle.

[@Aslash304]

I’m glad you got out. I really like the look of the C40 recharge. And thanks for watching!

[@lexlopez15]

This fisker fiasco reminds me of the last few yrs and months of Blackberry. The difference being that unlike fisker they were the most sought after and reliable phones on the market at 1 point...but in their final days they just couldn't compete with the innovations taking place with android and ios and their app developers jumping ship to Android and ios... Anyhow, getting back to fisker... I'm curious why their isn't a class action lawsuit against Magna? After all they were the ones who built the Ocean, Henrik just designed it...if nothing else, fisker Inc. Should be the ones suing them for not living up to their high standards of car manufacturing... Has Henrik come out to address the current situation? For a guy who was initially very vocal about the ocean and everything after he's been pretty quiet lately. I'm curious to know what will happen to the other vehicles he introduced like the pear and the pickup truck... obviously, they won't be mass produced now but can he sell the design to an existing manufacturer like Chevy or toyota? Even though fisker Inc. is shutting down, could Henrik try again under a new name? His name is tainted now, so anything with fisker branding would not sell well, or at all. As for the selling of the remaining ocean fleet I doubt any company would want to inherit the headache of practically non existing parts, labor, and customer services...in the end, I would be interested to see who in fact would take it on though.😄

[@Aslash304]

American Lease is going to buy them. For Uber drivers in NYC. Magna wanted to offer a full car with 100% Magna parts. Henrik decided to go super cheap with a bunch of important components, like the door handles and the key fob, etc. so the problems are 100% on Fisker.

[@lexlopez15]

@Aslash304 yes, I saw that American Lease is planning to buy the fleet but that's on paper, I'm betting that they will decline before the ink is dry once they realize the undertaking that's needed to keep them functional. 😄

[@Aslash304]

@@lexlopez15 definite possibility

[@hairyporter6736]

Ryan George and Adam crossover. What a time to be alive.

[@Aslash304]

Super easy. Barely an inconvenience

[@mikeadams9302]

Cant even sell the car anymore. No place to get it serviced in the SE (Atlanta) and of course no response from fisker support for warranty issues.

[@Aslash304]

A sad reality

[@ChristSotos-fy4vw]

Back a few years (50) was a very young investor a little car called BRICKLIN nothing else i can say but when he tried to get even with the big 3 ,Yugo was not the answer 😂😂

[@Aslash304]

Great feedback

[@judyArsh]

Nothing takes more punishment than NYC taxis. The idea that they are going to buy a big fleet of these cars for use as Ubers is as dumb as everything else in this saga. No spare parts for servicing so even a typical NYC fender bender would write the car off. Let alone actual wear and tear. If the world was a fair place Fisker would be forced to put aside some number of those new vehicles for parts. Car manufacturers also would be expected to fund the full term of the warranty from the vehicle sale.

[@Aslash304]

I agree 100%. If they only put 1000 in service at a time, and have a way to sell the batteries when they brick, it could work. But not fair for owners. Great feedback, thanks for sharing

[@NavigatorBR]

Do we have any idea if Fisker Oceans' share common parts to any other manufactures? (Similar to how the Fisker Karma had GM parts, from what I've heard in other videos.)

[@Aslash304]

@@NavigatorBR i’m sure that there are many parts that are shared, those developed and used by magna could obviously be reproduced.

[@Turbomgzt]

For a car manufacturer with less than 10k vehicles on the road worldwide. Spare parts are not going to be a money maker. Don't forget, a lot of electronic stuff will need coding and that isn't going to happen if Fisker goes bust.

[@cjzito]

Didn't Henrik Fisker speak at some high-profile engagement recently? Curious what HE said about the bankruptcy saga, more importantly, what were his thoughts on servicing the customer's cars?

[@Turbomgzt]

HF and GF are hiding in India now. They know federal warrants are coming. His speech was prerecorded and BS as usual. No mention of Fisker Inc status.

[@EM.1.]

He dodged the questions.

[@Aslash304]

Only in a perfect world would he publicly address what he did

[@EM.1.]

Ch 7 is coming, just like winter.

[@Aslash304]

100%

[@maxbiagi3091]

I think some chinese EV brand will buy they, to aboid 100% import tax from China, so they can produce chinese car directly in US. But of course Fisker wife must agree 😂😂😂

[@Aslash304]

If they didn’t have to pay off all of Fisker’s debts, this is a good plan. But they would.

[@wizzyno1566]

​@@Aslash304they dont have a factory or any institutional knowledge of building factories. So no.

[@Blayde]

​@@Aslash304 363 sale of assets I think is the end game for the IP/car itself. Owners final hope is that a decent company buys the bones and offers support while building the Pear/Alaska. Big IF and big maybe depending on who it is the buys it, could also be someone that buys it and does nothing with it

[@briancarter6293]

What was the video where you showed a graph outlining the concept of when people buy new tech and then there is a demand lag followed by and increase at least it was something like that

[@Aslash304]

It’s likely my Ocean Vs. Model Y comparison. My last video of 2023. This is a relevant chart for EVs in general, but in my opinion it does not apply to Fisker because it was under funded and poorly managed. Video here: kzbin.info/www/bejne/aXy9m2N5qcaqj7Msi=226iFbRUiJXHuUR_

[@michaelguerrera1463]

We've been making payments since February. With chase fisker finance. Should we stop those payments since obviously we cannot receive services or future parts by a new manufacturer? We don't mind giving up the car not taking our loss. Not worried about a credit hit. Our credit was immaculate, no personal or business debt, simply just three years left on my home mortgage. Please help us on what to do next. The car is beautiful but the unknowns are too big, we don't feel comfortable to keep making payments

[@Aslash304]

I can’t tell you what to do with your finances. In the event that the repossession takes place as normal, you would first have the car taken. Then you would be sued by Chase for the difference between what you owe and what the car is sold for. If you refuse to pay, then your assets get attached.

[@ydmf2]

Thumbnail Ocean looks like a Kia Soul

[@Aslash304]

It’s actually a Fisker Ocean.

[@annecaroline13]

I bought the Fisker Ocean One. Now I have no idea what to do with the car. I’ve been having bugs with my break hold where it parks the car instead of just keeping it still. It’s super unsafe. Please share, if you have any other information! I’m still paying for the vehicle

[@Aslash304]

What software version do you have?

[@annecaroline13]

It’s 2.0. My husband watches your videos and showed me the recall one. I followed everything you said but I still haven’t heard from them. I also tried calling them and emailing them multiple times for the past 3 months and they don’t answer for help me. My calls were always 1h-2h long waiting for someone to answer my phone calls.

[@Aslash304]

@@annecaroline13 I’ll address the communication in an upcoming video. That braking issue you’re having is part of the recall, I have experienced it myself and it’s really really scary.

[@annecaroline13]

It really is scary! Sometimes I’m worried it will happen on the freeway 🥺

[@GenieFarms]

​@@annecaroline13call the ATL Fisker dealership & get your software updated

[@zoorush]

Wow! impressed how good your video is.

[@Aslash304]

Thanks for watching

[@mikadavies660]

Not a single prayer that they have $500 Million in assets. The entire fleet is sold... each vehicle is just a few thousand dollars each.

[@Aslash304]

Correct.

[@wardpaine8194]

Happy anniversary

[@Aslash304]

Much appreciated!

[@anthonyd.5516]

Wondering if its stock will bounce from $0.01? How long before the stock is de-listed?

[@Aslash304]

Fisker is being traded in an over the counter exchange. They have already been delisted from the NYSE. As long as there’s a company, there will be trading.

[@wilsonthedestroyer]

Porsche if you’re listening buy Fisker Inc. Can you imagine a Fisker Ocean being fine tuned by Porsche engineers, with no corners being cut with cheap Chinese parts. #porsche

[@Aslash304]

VW just agreed to invest a large sum into Rivian today for software.

[@wizzyno1566]

Porsche engineers would probably fall about laughing if they took one apart.

[@randyisble5996]

I put a deposit down on a Fisker PEAR. Guess I can kiss that good-by.

[@Aslash304]

And the deposit

[@JamaicanMeCrazy]

Fisker is a slime ball.

[@Aslash304]

No notes.

[@eccomz]

Karma should buy it, again.

[@Aslash304]

This would be hilarious

[@ishmamrahman877]

This is why I prefer android auto and car play. Let pros take care of it

[@Aslash304]

The ocean definitely doesn’t feel “pro”

[@ellisrochlin2267]

American lease Gonna offer about 10-15 k per car. Original Shareholders who didnt get out were or are totally whacked. Penny stock Gamblers have had to buy or sell shares over the counter since delisting 4 or so months ago. Note holders are wacked . Machinery and other forms of production will sell for 10 cents to the doller , so 40 /50 mill at best. Doubt if mr and mrs fisker 80 odd million net worth will be effected. Fisker getting another cent on loan , very much doubt it .

[@Aslash304]

They are still allowed to access capital until the next hearing. But I have no idea where from.

[@gbinman]

Mostly bs, Fisker is done. People that bought Fisker cars are screwed. When one takes risk, don't complain when the pain comes.

[@Aslash304]

Fundamentally sound.

[@gbinman]

@@Aslash304 huh? What do you call fundamental?

[@Aslash304]

@@gbinmanyour comment. Your comment is fundamentally sound

[@Derpy1969]

Sorry to hear about your wedding anniversary. Uh... I mean.... Fisker.

[@Aslash304]

It was my first break since I got the car delivered.

[@tuomasholo]

If you look at the cash burn rate of Lucid and Rivian, they both are headed towards bankruptcy as well.

[@Aslash304]

I appreciate the insight. Access to funding is more important than burn rate in my opinion. Thanks for watching!

[@TheEVGuy-rx9ju]

Disagree fisker unlike Lucid & Rivian had no had not financial backing.

[@joeyscleaninglady2877]

@@TheEVGuy-rx9ju Rivian has burned over 20 billion. Access to funding has just compounded the losses further.

[@Aslash304]

@@joeyscleaninglady2877did you see the VW investment plan from today?

[@krafter324]

Sooooo glad I dumped it and the stock in May. We all got screwed and he and Geeta are enjoying our money. I hope they lose it all for being such shady liars.

[@Aslash304]

It would feel better

[@moizmalik5583]

What’s going to happen to my deposit I made?

[@Aslash304]

💨

[@luismiguel4156]

I bought 110,000 k shares at 0.36 cents lost 38k usd , this guy fisker should be in jail for live .

[@Aslash304]

I’m sorry about what happened. There was some poor communication going on. It cost a lot of people a lot of money.

[@mastertech9218]

nobody forced you to buy, it's your own fault

[@luismiguel4156]

@@mastertech9218 maybe you are right,thanks

[@kellywalker4494]

I’m worried NIO is next. Not much more money to lose they are already 96% down from ATH. Rule #1 don’t buy EV stocks. Rule #2 stay well away from China stocks. I can’t think of any Chinese stocks that returned a profit to investors.

[@Aslash304]

Great feedback. Thanks for sharing

[@mohdnorakmal5671]

How about byd?

[@AL-HitZ]

Take a vacation! Don't do a video. Respect your wife!

[@Aslash304]

Done and done!

[@ugaladigala]

thanks boss

[@Aslash304]

Thanks for your comment

[@Victic005]

R.I.P. to all the money loss from stupid fan boys. Liked for the algorithm

[@Aslash304]

Thanks a lot for your comment, and your support

[@saf00]

means that they are kaput. 🤣

[@Aslash304]

Fair

[@Yoann-en-VE]

Adieu 😅

[@Aslash304]

@@Yoann-en-VE indeed

[@JosephBeltran-td5lu]

Idgaf let me buy one for 10k and i will worry about the repairs on my own

[@Aslash304]

Are you going to replace the printed circuit board that makes the water pump stop working and bricks the car? That’s a recall now. It is my opinion that you do more research before you buy a ticking time bomb.

[@JosephBeltran-td5lu]

@@Aslash304 I just said idgaf I will only worry but not actually do anything about it oh well if it stops working I can use the battery as a back up generator and keep the car as is

[@Aslash304]

@@JosephBeltran-td5luthe car doesn’t have vehicle to load. Are you an electrical engineer?

[@JosephBeltran-td5lu]

@@Aslash304 nope I'm still buying it regardless I like things people don't bother with

[@nekrosoft13]

If you care about money... Dont buy EVs.

[@Aslash304]

Welcome back to the channel. What was your last comment?

[@mrjasonjneal]

Aptera........

[@Aslash304]

@@mrjasonjneal the name of a car that is not available for sale (edit: autocycle)

[@mrjasonjneal]

@@Aslash304 and bankrupt once already like fisher, take my reservation money... 🙏 please🤣