Fisker going bankrupt is not sad. “But we need to support all EV companies!” No. We don’t need the shitty ones to stay alive. They’re doing more to scare people away from EVs than help. This isn’t even the guy’s first bankruptcy. It’s all so predictable.
@WholeMarsBlog You hate every EV that’s not Tesla. Not sure this “opinion” means much.
@WholeMarsBlog That's what the problem was with the IRA EV subsidies. It forced people into crappy EVs before the EVs were ready
@WholeMarsBlog I always had a scam vibe about Fisker. Same feeling as Nikola and Lordstown 🫤
@WholeMarsBlog I've done my best to warn people about Fisker, based on the former Tesla employee's other efforts, like the Fisker Karma, an engineering disaster so egregious it's earned a place in my #MuseumOfShockinglyStupidProductDesigns
Fisker is a scam and so many people fell for it. Good capital got destroyed, the bad guys and a few traders got rich. The good capital could have been used on useful projects. I remember Dyson worked on an EV. He spent $500M, designed an EV, and found he would have to sell it at $200k each to breakeven. So he canceled the project. He could have spun off the Dyson Car, IPO it through SPAC. He would have made a few billion. A decent man knows that's not the right thing to do. Those who say “But we need to support all EV companies!” don't understand how business works. Always stay away from sketchy people.