This should be illegal. No CEO should be able to walk away from a bankrupt company richer than when he started. This currently occurs at Lucid where the CEO is making millions in salary and every vehicle sold loses $100K.
One thing people has to understand that.. Fisker the man is getting a lot richer than the last time he's doing Karma. He syphon a lot of investors money into himself and family by putting them in control of company. I won't be surprise if Fisker will start new company in a few years because bankruptcy turn out to be very profitable for him
I'd do it even if I only get a couple million out of it. However, I need +10 charisma just to get people to lend me a dollar. So, millions won't happen for me.
@@thdjjfsfh It's his 2nd time so he's getting better at it. I saw a fisker owner youtuber dissect the company. He's set up 2 tiers corporates structure, Fisker inc and Fisker automotive. This completely shield his asset from the recent bankruptcy. So, the only one who taking hit are investors and shareholders
He is a good dude. I was around employee 30 and worked with Henrik. The issue was his horrible wife Geeta. She was one of the worst person I’ve ever met. She would scream at employees in the office and had no clue what she was doing from a management perspective. I feel bad for Henrik because he is a hard worker and a brilliant designer.
Fisker is an excellent example of Elon’s quote : “Prototypes are easy, Production is hard”, playing out in real life. Yes, the cars looked good and the promises were impressive but in the end how did the product fare in mass production??? Tesla vehicles may not stop the show with their styling but guess what? They work! In fact they work to the tune of the car of the year honours (2023 Model Y) and keep getting better with actual OTA updates. In order to survive, car companies like Lucid and Fisker ought to focus on delivering solid cars that work while making at least $10/car. Once this is accomplished we can talk about styling and cool looking spacer wheels.
Hi my dad owns the Ocean and let me tell you it’s an utter piece of garbage ; literally nothing works and the technology is broken , I’ve been trapped inside the car on a 90 degree day . I never use it to say the least , even the pedals and throttle barely respond
As an Aptera reservation holder and investor, I worry about the same failure. Other than Tesla, no other US EV start-up has succeeded. Hopefully, Rivian finds a pathway to success.
Guaranteed dozens of people still became millionaires off of taxpayers' money. We sure dumb here in America, making people rich off of bankrupt failed companies. Possibly 100's of companies per year going bankrupt or reorganizing, but people are getting rich. What a dumb government we have . It's no wonder we are 36 trillion in debt.
What? Fisker is known for not caring for his customer… this is NOT the first time.. i do not understand how anyone would trust him with their dollars Fiskers promises were so out there it was crazy
Look at the automotive industry of a century ago. For some reason we are repeating history. Some new tech thrives, most goes under. I see the legacy launching their Viking and LaSalle makes that go just a few years.
The only thing fisksr did well was great commercials on all the features it would have and of course Tesla killers.Ev are hard so don't think otherwise.
I worked for Fisker in 2018 when they just started back up. I was around employee 30. Fisker’s wife Geeta was a HORRIBLE person. She would scream at employees, and had no clue what she was doing. She was President and COO. No surprised it failed. I left along with a bunch of other employees over it. I feel bad for Henrik thought, he was a great person.
Sorry to hear of your bad experience. Fisker is a simp, he should have kept Geeta out of Fisker business. As a former employee do you believe Fisker would have succeeded if someone competent was hired? Please make an ai video about experience.
Do you think Fisker could have survived with better decisions, or was failure inevitable? And how can automakers balance ambitious tech like solar roofs with the practicalities of production, software, and customer service? Be sure to watch: • Why Elon Musk’s Latest Move Will Shock the World th-cam.com/video/rRSI4onsR68/w-d-xo.html • Why GM, Ford, and Ram are FAILING against Tesla’s Cybertruck th-cam.com/video/e1YJvC6yev0/w-d-xo.html
NO. Only Tesla and BYD have managed to make a profit selling production levels of EVs, and BYD has a huge advantage of the PRC subsidies throughout their supply chain. Even Legacy auto companies can't seem to ramp EVs to production due to high costs of assembly, even though they have been doing volume production of ICE cars for decades. EVs are hard to produce at scale and low cost. I predict all the EV startups will fail unless they partner with a large OEM, and even that doesn't guaranty success.
Yes, there was something very special Fisker had coming to do with the battery and motor, but it was not quite ready. If he made a partnership which I believe he did, it means he will be back soon.
This should be illegal. No CEO should be able to walk away from a bankrupt company richer than when he started. This currently occurs at Lucid where the CEO is making millions in salary and every vehicle sold loses $100K.
Correct. Just like we expect a ship’s captain to go down with the ship so should a CEO.
One thing people has to understand that.. Fisker the man is getting a lot richer than the last time he's doing Karma. He syphon a lot of investors money into himself and family by putting them in control of company. I won't be surprise if Fisker will start new company in a few years because bankruptcy turn out to be very profitable for him
He definitely has a history of this. Just how bad, we don't know for sure.
I'd do it even if I only get a couple million out of it. However, I need +10 charisma just to get people to lend me a dollar. So, millions won't happen for me.
@@thdjjfsfh It's his 2nd time so he's getting better at it. I saw a fisker owner youtuber dissect the company. He's set up 2 tiers corporates structure, Fisker inc and Fisker automotive. This completely shield his asset from the recent bankruptcy. So, the only one who taking hit are investors and shareholders
He is a good dude. I was around employee 30 and worked with Henrik. The issue was his horrible wife Geeta. She was one of the worst person I’ve ever met. She would scream at employees in the office and had no clue what she was doing from a management perspective. I feel bad for Henrik because he is a hard worker and a brilliant designer.
I’ve got an ocean in my shop and it’s sad
An excellent summary of Fisker 👏🏿👏🏿👏🏿
Fisker is an excellent example of Elon’s quote : “Prototypes are easy, Production is hard”, playing out in real life. Yes, the cars looked good and the promises were impressive but in the end how did the product fare in mass production??? Tesla vehicles may not stop the show with their styling but guess what? They work! In fact they work to the tune of the car of the year honours (2023 Model Y) and keep getting better with actual OTA updates. In order to survive, car companies like Lucid and Fisker ought to focus on delivering solid cars that work while making at least $10/car. Once this is accomplished we can talk about styling and cool looking spacer wheels.
Never trust anyone with previous bankruptcies who is or claims to be still rich,
R.I.P. for share holders and vehicle owners 😂
I never even heard of a Fisker until today. I'm sure I'd never have bought one even if I did know about them.
Hi my dad owns the Ocean and let me tell you it’s an utter piece of garbage ; literally nothing works and the technology is broken , I’ve been trapped inside the car on a 90 degree day . I never use it to say the least , even the pedals and throttle barely respond
As an Aptera reservation holder and investor, I worry about the same failure. Other than Tesla, no other US EV start-up has succeeded. Hopefully, Rivian finds a pathway to success.
EXCELLENT REVIEW!
I think Lucid is headed towards bankruptcy also.
Excellent vid, as usual.
This decade will have a few more Fiskers…
Guaranteed dozens of people still became millionaires off of taxpayers' money. We sure dumb here in America, making people rich off of bankrupt failed companies. Possibly 100's of companies per year going bankrupt or reorganizing, but people are getting rich. What a dumb government we have . It's no wonder we are 36 trillion in debt.
What?
Fisker is known for not caring for his customer… this is NOT the first time..
i do not understand how anyone would trust him with their dollars
Fiskers promises were so out there it was crazy
Look at the automotive industry of a century ago. For some reason we are repeating history. Some new tech thrives, most goes under.
I see the legacy launching their Viking and LaSalle makes that go just a few years.
I can't wait to experience the Fisker Corp or Fisker Ltd EV 🙃
got caught up with hypeman fisker
Fiskers value more than doubled today! Went from $400k to $1.1M 😮😂
Do Fisker Car owners have any support now with their cars? Who is maintaining the cars?
No my dad owns the Ocean it’s a piece of garbage
@@TheOchocincoboi Lets say the server issue would be ressolved. Where would he putting it to maintanance? Are other brands touching it for repair?
@@davidstud3952 my dad also had one of the older fiskers many years ago, there is no way of getting it repaired, its basically a lemon.
The only thing fisksr did well was great commercials on all the features it would have and of course Tesla killers.Ev are hard so don't think otherwise.
Too bad 😢 Unlike Tesla, Fisker had really Cool designed cars
I worked for Fisker in 2018 when they just started back up. I was around employee 30. Fisker’s wife Geeta was a HORRIBLE person. She would scream at employees, and had no clue what she was doing. She was President and COO. No surprised it failed. I left along with a bunch of other employees over it.
I feel bad for Henrik thought, he was a great person.
Sorry to hear of your bad experience. Fisker is a simp, he should have kept Geeta out of Fisker business. As a former employee do you believe Fisker would have succeeded if someone competent was hired? Please make an ai video about experience.
their cars were beautiful
So sad, Marquez Brownlee did this, who couldn't even wait for the updated software.
God bless.
Do you think Fisker could have survived with better decisions, or was failure inevitable? And how can automakers balance ambitious tech like solar roofs with the practicalities of production, software, and customer service? Be sure to watch:
• Why Elon Musk’s Latest Move Will Shock the World th-cam.com/video/rRSI4onsR68/w-d-xo.html
• Why GM, Ford, and Ram are FAILING against Tesla’s Cybertruck th-cam.com/video/e1YJvC6yev0/w-d-xo.html
NO. Only Tesla and BYD have managed to make a profit selling production levels of EVs, and BYD has a huge advantage of the PRC subsidies throughout their supply chain. Even Legacy auto companies can't seem to ramp EVs to production due to high costs of assembly, even though they have been doing volume production of ICE cars for decades. EVs are hard to produce at scale and low cost. I predict all the EV startups will fail unless they partner with a large OEM, and even that doesn't guaranty success.
Yes, there was something very special Fisker had coming to do with the battery and motor, but it was not quite ready. If he made a partnership which I believe he did, it means he will be back soon.
I AM the ONE.
0.0001 FROM RONIN 📚
OBEY YOUR MAN BOSS MASTER
This isn’t what really happened.