The whole drama with Fisker Inc. struggling to stay afloat in the competitive automotive world of today seems to be closing in on a grand finale.
The U.S.-based carmaker had its shares delisted after they dropped more than 30% in a day and to one-tenth of their starting value in a month. The negotiations with a major car brand (rumored to be Nissan) seemingly went nowhere, and Fisker is in a dire need for cash flow to resume.
This is why right now, the company’s Ocean SUV is the cheapest electric car in North America with a starting price of $25,000 (down from $39,000). That almost makes it an attractive investment if you ignore the fact that it looks like a pre-liquidation sale.
