Reportedly, Fisker's Financial Struggles Continue as EV Maker Loses Millions and Misses Deadlines Due to Loose Procedures - Price Cuts Announced Amid Challenges.

Quick Summary:

We were often scrambling to find checks, credit card receipts, and any wired funds months after a vehicle was sold,” an anonymous source told TechCrunch.

Beleaguered electric vehicle startup Fisker Inc. reportedly lost millions of dollars in customer payments due to lax internal procedures.

What Happened: According to TechCrunch, citing anonymous sources, the company eventually recovered most of the payments, which included down payments and full vehicle prices.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Top Stories FSR News Media Fisker Ocean Tech Electric vehicles Mobility Benzinga EVs LU0490650438

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 05:28:04 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20541577

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

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Year Established: 2010

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

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Publisher ID: #53

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