Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to just $1 to ensure enough funding for the company’s ongoing bankruptcy proceedings. Earlier this month, a lawyer for the ...

EV startups had it rough in 2024, as EV sales peaked and interest in exotic electric vehicles dropped. Fisker, the company that sold the failed Ocean SUV, was hit hard and forced to file for ...

Fisker Inc. co-founders Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to $1 in order to keep their failed EV startup's bankruptcy proceedings funded, as lawyers work to ...

Add Yahoo as a preferred source to see more of our stories on Google. Fisker owners were told they may have to pay the repair costs for two outstanding recalls. It's another blow for customers who ...

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early ...

Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.

Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean ...

Fisker Inc. has received a subpoena from the Securities and Exchange Commission, indicating the bankrupt Southern California electric vehicle maker could be under investigation by Wall Street’s top ...

LOS ANGELES — Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers ...