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Dubai News Club > Tech > Fisker tried to out Tesla Tesla, and now it’s bankrupt
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Fisker tried to out Tesla Tesla, and now it’s bankrupt

Press Room
Last updated: 2024/06/18
Press Room
Published: June 18, 2024
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Earlier today, Fisker finally did what has seemed inevitable these past few turbulent months: declared bankruptcy.

“Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently,” the company said in a statement. “After evaluating all options for our business, we determined that proceeding with a sale of our assets under Chapter 11 is the most viable path forward for the company.”

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