I am excited about the positive power and analysis you spread about the FISKER Situation. I am grateful for your beautiful videos. Stay positive, stay safe.
A few reasons why I feel positive: 1. Able to actually get through to customer service within 1-2 minutes vs 45 2. Customer service verbiage seems to infer progress behind the scenes. For example, I inquired about what I called the faulty “mud flaps”, and was told they are still having them remade to be distributed. Apparently they are more for aerodynamics than anything, if anyone is curious. 3. Fisker is still periodically updating their social media, like you said. 4. I still know that once the car is properly updated, it has the potential to be one of the top EVs out there. It’s such a solid vehicle that it CANT die
Superb Video. In your video you dissected everything and took all the pieces and developed a well thought out plan. It all makes sense and can very well be a viable plan of action. I hope Henriq and the powers that be, view this. Your timeline is of great help to all of us. Thanks again for all you do.
Hi Matthew , do you say on another post that you had service from Fisker in the UK, can you let me know how you did this, i.e what number do you have for the. Thanks in advance.
There is no rush to get listed again. Reorganize the company first and get production restarted and let the share price on the OTC naturally rise back to $1+ then reapply to be listed. Just by getting the right people and the right investor support to restart production will naturally see the price of the stock past $1. There is no need to reverse split, there is no point in a reverse split and try to get listed again ... only to get shorted by the shorters to the ground again. Focus on the business fundamentals and the share price will take care of itself initially over the OTC market.
True, no 10-K filed, couldn't file an appeal... many automakers are on the OTC, especially all the foreign brands. But most EV co's on Nasdaq.. we'll be fine here for now...without the pre-market and after-market price drops scare tactics from short institutions.
Another Thumbs Up video Ocean 1 channel and Thumbs Up Fisker Inc channel to keep Growing Global Ocean sales and FSRN price as we now lead in Gains for EV sector. Thanks.
Note holders need to be satisfied Sell current inventory Buy back shares Restart production with buy now pay later from magna "credit" Get relisted on the index
I would not be shocked if Fisker comes out with some big-time numbers to shock the market regarding sales of their vehicles and cash flow because the vehicles they’re selling now have been paid for and the loss was reported on last earnings so this is all cold hard cash coming in for them, which they need.
@@simrisks Strong Revenue matters to Fisker growing...FSRN is not the company, plus OTC has 3 Tiers and Fisker could submit financials and apply for higher Tier which will allow more platforms to trade it globally.
I am positive that their new production will be with 3.0 or 4.0, making this car beast on streets. Fisker has lowest debt of any car manufacturer in ev segment and in many cases legacy car manufacturers who are even 100 years old. I am accumulating more with every profit I make from other trades. My target is to have 1.5 million shares with me. I am halfway there already.
And now only 343 million shares outstanding as per Stock Analysis...compared to 589 million former shares, but any partnership will bring share dilution, but new financing could but not definitely.
I think the 2025 noteholder can easily be bought out by an investor now. They owe about $180 million to them. Then renegotiate terms with 2026 noteholder maybe a later expiration date but a much lower convertible number maybe convertible around $1 a share for them. Damian Mills opening a Charlotte Fisker location on Monday. He has some billionaire connections. Many rich billionaires love cars, a chance of a lifetime to own a piece of an EV company for a reasonable price.
Fisker is selling their cars because I see the dealerships bringing the Oceans in by the truckloads and parking lots full of Fisker with sold signs on them.
I am grateful for your analysis. I think this can work out for us. Starting production with OS 4.0 and some Billions on the bank account will bring us in the champions league. ✌️
Let's ALL keep putting in the work to make the award -winning Ocean Suv EV sales in April the Best month ever and Keep FSRN rising back to double-digits in April. " WAKE UP " ..All the Older OCEAN 1 channel ...and FISKER Inc channel Videos. WE Have the Power.....LIKE the Videos and Comments ...Til the Whole World knows Our Name.
They need to restart production with only 2 trims.. Extreme and Ultra and lower the price.. boom 🤯💥 Fisker will continue to survive. Keep improving the software and release 3.0 ASAP..
Damian Mills is also the chairman of NAMAD, it's about minority owned dealerships. Pure speculation but I wouldn't be surprised if he was able to get a large group of wealthy black investors (Michael Jordan and other athletes and celebrities) and make the first majority owned black automotive company. It would be a huge win for the black community.
This dude reminds me of a knockoff Ferrari owner. Got a Fisker, so now he has the Fisker hat, Fisker sign, Fisker gloves, cups, pens, and probably a Fisker cologne that smells like bad financial advice. 😂
I have not received permenent plates or the title in 5 months and counting. Have broken vents and can't get service because parts are on back order. No way a company that acts like this is going to survive.
He used retail money to buy it for 20M and now he's flipping it for 35M. He's playing the game perfectly. He has no shame. So many scams in the SPAC market.
There is another important happing at 21st April: Fisker Ocean Owner Meeting in Hamburg, Germany. See Details in the Last Video of Channel 163Grad from Oliver Krüger
@@Ocean1_FSR True and with 343 million shares, nothing over 1 for 10 would make sense..move it to 34 million shares, something like what Xos did recently.
Thanks for the video. 2 points of fact: 1. Fisker initially hit both start of production as well as launch price targets. 2. Fisker recently reassigned all service technicians to work on sales/delivery, so only complete vehicle failures & safety is are being addressed by service until sometime in May.
Thanks for watching and I appreciate the comments. On #1 Fisker really didn't hit SOP as the initial understanding was they could be delivered as soon as produced but instead we had months and months of homologation + just a handful delivered to Magna. One can only speculate why and it was probably due to buggy software. As far as price targets, they did hold the line on them but only in a very strict sense as we never knew what the options were + the cars were delivered without certain features. Option prices were all over the place and changed regularly. As far as #2, that seems to be a mixed bag. I have heard others say the same, but I have also heard and seen it's business as usual so maybe it's a regional thing. I just hope we survive this fiasco as we clearly botched several things up. We still love our Ocean though. ;)
For them to get back on NYSE it would either be a reverse stock split 100 to 1 to regain the above $1 compliance or buy back outstanding shares to raise the current price. Where ever you hold shares they will have swap the ticker symbol back to FSR from FSRN. Currently I have them between ETORO and Revolut. Only ETORO allows me to buy OTC
@@matthewspry4217Would require a $ 4 stock price to start on the NYSE. ..$ 1 to remain listed...too late for that option.. Fisker didn't appeal the delisting.
From one perspective you are a total fisker homer. Like when your sports team is absolutely horrible but you find the goods. From another perspective you are very logical with your thoughts and you can separate your love for fisker from reality. My gut tells me they do not want to file either. If they were ok with it, they would have done it 3 weeks ago vs getting the extension with the note holder. The ev market is at a struggle, and rightfully so. Charging networks are behind, interest rates are high. Ev pricing is still high. Range is still an issue. I am an EV owner and I have a hard time really being a cheerleader for others to go EV due to the above issues. Good video. It makes sense. But can and will fisker pull it off... only time will tell
@@richardtaur punished? Not sure what you mean by that. Personally, I just hope the company survives. He and Geeta should lose their current roles though.
Fisker sells the remaining 5100 vehicles @ $40k each thats $200,000,000 plus tranched loan $150,000,000 plus the sale of henricks house and underpants totals $400,000,000. We might just do it lads
It is hard to know who gave the green light at Fisker to start selling cars to customers before the v2.0 / critical features were tested and ready. Very un-professional. This is what I see as their biggest management mistake and leading to the current situation. Who knows if senior chiefs disregarded the advice of the Quallity & Testing managers to wait. Now, time is not on their side. Deadlines are approaching. What to do? Well, if it isn't already obvious - pour whatever resources are available into fixing and updating that software as far as v4.0 asap! Once all key / critical / expected features are working, Fisker will have a very desireable product and super happy customers. It will easily win new customers, drive demand and cashflow. Henrik and the chiefs need to stop toying with other future models and focus on getting the Ocean and their company back on track.
Fisker is doing much better than the stock price reflects, just need press releases from Fisker...Fisker wanted an affordable SUV to compete against Tesla / Rivian..and that is what they produced, .but those cheaper parts didn't work well together and caused all these issues. .Fisker also would of ran out of $$ even sooner without Revenue.
Missing big picture. Money is number one issue. Only 4 options.... 1. investor comes in with $1 billion. 2. Hostile takeover. 3. Ch 11 bankruptcy with rule 363 sale. 4. Ch 7 and company dies.
There is a double edge sword in the sales area. If Fisker cannot sell cars at their reduced prices, then why bother resuming production of cars that don't sell. EVs got a bad reputation by trying to force the masses to a technology and infrastructure that is not ready.
Keeping my hopes up for you owners out there but unfortunately I don't see production restarting in the near future... or at all. How would the potential future buyers feel knowing that the vehicles were once on liquidation at $25-38k and now they have to pay the full original price again? Fisker would have to deliver a flawless product to justify asking $43-62k once more.
I respect your hope but there is almost zero percent chance Fisker does not go bankrupt. A company that halts production is just delaying the inevitable. I mean if you are not making product...
Magna have invested HUGE 💵💵💵 for tooling for the Ocean 1 and cannot sell the cars themselves without license from Fisker. PRODUCTION WILL RESTART!! TO MUCH TO LOSE 💵💵💵💵💵💵💵
May I suggest that the frequency of the filler “you know” be reduced dramatically in your videos. It is quite distracting. If it is a habit that can’t be changed, then perhaps they can be removed during post.
I will try to be more cognizant of that. I use that as a way of showing that some things are understood or we are in agreement. But, I will try to be more aware of using it too often. Thanks for the tip.
When was the last time Tesla changed their cars? The Cyber truck is a recent development, the updated 2024 Model 3 is new, and FSR 12.0 is also a new change. Fisker doesn't even have ADAS yet do they? I am willing to bet they don't want to be listed so that Geeta doesn't have to file the 10k. They don't care about being listed because they already extracted as much value from retail as possible and now they can play loose on the pink sheets. Hoping for the best for you though! Best wishes.
Cyber truck has already been a disaster and is already being paused for deliveries due to so many issues. As far as a mild facelift the Tesla lineup is old...
@@Ocean1_FSR They have almost sold more CTs in one quarter than Fisker sold Oceans in one year, and every truck produced now and in the future has a buyer lined up with cash in hand. I'm not a fan of it myself. The delivery hold. is supposed to be a short delay. We will see. Hard for me to see that as a "disaster" though. Nikola, Fisker, and Mullen would fit that description much better. (I'm not a fanboy of Tesla just saying)
@@2023gainer there is risk from the slowdown of auto sales. I agree. we will see. Especially with the new cash out lay for new factories. I don't have a position in TSLA but if there is an ER dip I would be interested in 100 shares and a LEAP. anybody reading this should be looking at profitable companies with huge moat, like TDG. Follow me investment advice, I talk to Oprah
The asset light model is a double edged sword. Fisker owns no plants, and has no patents on components that went into their cars. All Fisker owns is a ton of debt, and the car designs. The designs aren’t worth what Fisker owes so bankruptcy is inevitable
You could be right about bankruptcy but Fisker does own a lot of IP, but currently that IP is owned by the noteholder. It is in the interest of the noteholder to not go BK.
@@quantoc4255 Fisker hasn't failed either.. over $ 400 million in revenue and adding more daily. 1,000's of co's are unprofitable.. decade before Tesla was profitable.. are they failing too.?
@@Ocean1_FSR What IP are you referring to? Certainly not the software...it looks like it is largely a re-skinned version of TomTom's Digital Cockpit and the car subsystem software is Magna's. So there is VERY little to zero IP from a software perspective.
I don't foresee Fisker restarting production anytime soon unless the thousands of '23 vehicles in inventory have been greatly depleted. It just doesn't make sense for them to do so.
Fisker has dealerships throughout Europe and North America to stock with 2024 models and Ocean reservations to fill. Production should definitely restart soon.
@@Ocean1_FSR Ah, ok I didn’t realize that. I’m still working on acquiring an Extreme. Fisker was just all over the map so I contacted Mike D. at Classic Fisker of Atlanta.
Too much conjecture on the stock/chapter 11 . Why not honestly focus on why the EV market is in a serious tailspin.You are definitely still in denial about this issue and the current data.
Tailspin? You need to stop listening to propaganda, read between the lines and look at the real numbers. Go compare ev sales 1st quarter 2022, 2023, 2024 then get back to us.
Only way for Fisker to survive is through Chapter 11. There is still value on the company, but also tons of bodies in the closet. Need to get rid of so much liability.
@@swaep114 See your point, but other automakers (if we are thinking on the same) are cash flow positive are reporting profits, not Fisker case. On the other hand, liabilities come from several fronts and in different forms: partners, suppliers, customers, regulators, etc. These latest can be small or huge, problem is we don´t know and can only speculate so we should assume worst case. That is the reason I think Chapter 11 is the only option.
Also, here is the thing you have to realize if the company doesn’t reverse split that essentially wipes out shareholders I have never seen a shareholder come back from a reverse split because the stock would have to go up percentage wise so much just for that shareholder to break even that it’s pretty much over if it doesn’t reverse split for the shareholder now the company may survive, but the present shareholders will be history And here’s another thing let’s say they do a chapter 11 reorganization well most reorganization shareholders are wiped out and there’s new shares so either way it really makes no sense to continue to buy more shares because even if the companies you have a one and 1 million shot at being a present shareholder making any money
I am excited about the positive power and analysis you spread about the FISKER Situation. I am grateful for your beautiful videos. Stay positive, stay safe.
Glad it was helpful!
Thanks as always, well done. You serve the community well
A few reasons why I feel positive:
1. Able to actually get through to customer service within 1-2 minutes vs 45
2. Customer service verbiage seems to infer progress behind the scenes. For example, I inquired about what I called the faulty “mud flaps”, and was told they are still having them remade to be distributed. Apparently they are more for aerodynamics than anything, if anyone is curious.
3. Fisker is still periodically updating their social media, like you said.
4. I still know that once the car is properly updated, it has the potential to be one of the top EVs out there. It’s such a solid vehicle that it CANT die
Superb Video. In your video you dissected everything and took all the pieces and developed a well thought out plan. It all makes sense and can very well be a viable plan of action. I hope Henriq and the powers that be, view this. Your timeline is of great help to all of us. Thanks again for all you do.
I see FISKER with having the SUV as being one step ahead of LUCID
Hi Matthew , do you say on another post that you had service from Fisker in the UK, can you let me know how you did this, i.e what number do you have for the. Thanks in advance.
There is no rush to get listed again. Reorganize the company first and get production restarted and let the share price on the OTC naturally rise back to $1+ then reapply to be listed. Just by getting the right people and the right investor support to restart production will naturally see the price of the stock past $1. There is no need to reverse split, there is no point in a reverse split and try to get listed again ... only to get shorted by the shorters to the ground again. Focus on the business fundamentals and the share price will take care of itself initially over the OTC market.
True, no 10-K filed, couldn't file an appeal... many automakers are on the OTC, especially all the foreign brands. But most EV co's on Nasdaq.. we'll be fine here for now...without the pre-market and after-market price drops scare tactics from short institutions.
Impeccable!
Software, software, software….did I mention software!
Another Thumbs Up video Ocean 1 channel and Thumbs Up Fisker Inc channel to keep Growing Global Ocean sales and FSRN price as we now lead in Gains for EV sector. Thanks.
Much appreciated!
Note holders need to be satisfied
Sell current inventory
Buy back shares
Restart production with buy now pay later from magna "credit"
Get relisted on the index
no need to be relisted anytime soon. Fisker Inc. is better off staying away from short sellers and options market.
I would not be shocked if Fisker comes out with some big-time numbers to shock the market regarding sales of their vehicles and cash flow because the vehicles they’re selling now have been paid for and the loss was reported on last earnings so this is all cold hard cash coming in for them, which they need.
Won't matter. They didn't reapply to be relisted on NYSE
@@simrisks Strong Revenue matters to Fisker growing...FSRN is not the company, plus OTC has 3 Tiers and Fisker could submit financials and apply for higher Tier which will allow more platforms to trade it globally.
@@simrisks you and anyone can trade FSRN at the OTC market. And it should stay there until Fisker Inc. gets itself together.
I am positive that their new production will be with 3.0 or 4.0, making this car beast on streets.
Fisker has lowest debt of any car manufacturer in ev segment and in many cases legacy car manufacturers who are even 100 years old.
I am accumulating more with every profit I make from other trades.
My target is to have 1.5 million shares with me. I am halfway there already.
And now only 343 million shares outstanding as per Stock Analysis...compared to 589 million former shares, but any partnership will bring share dilution, but new financing could but not definitely.
I think the 2025 noteholder can easily be bought out by an investor now. They owe about $180 million to them. Then renegotiate terms with 2026 noteholder maybe a later expiration date but a much lower convertible number maybe convertible around $1 a share for them. Damian Mills opening a Charlotte Fisker location on Monday. He has some billionaire connections. Many rich billionaires love cars, a chance of a lifetime to own a piece of an EV company for a reasonable price.
Imagine buying all outstanding shares in the company for $50 million
You made me laugh! You can’t miss a target you don’t set! Live your talks!!
Great action on the stock today
Fisker is selling their cars because I see the dealerships bringing the Oceans in by the truckloads and parking lots full of Fisker with sold signs on them.
Must be plenty of cash sloshing around in the FISKER bank account right now 💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵
I am grateful for your analysis. I think this can work out for us. Starting production with OS 4.0 and some Billions on the bank account will bring us in the champions league. ✌️
Let's ALL keep putting in the work to make the award -winning Ocean Suv EV sales in April the Best month ever and Keep FSRN rising back to double-digits in April. " WAKE UP " ..All the Older OCEAN 1 channel ...and FISKER Inc channel Videos. WE Have the Power.....LIKE the Videos and Comments ...Til the Whole World knows Our Name.
Go Team Fisker! #stayingalive
I really want this underdog story to have a happy ending!
Hope so. Also hope some good writer is taking notes. Should be a fascinating history. Regardless of the end result.
Can you add these bullets points to the description please
Fisker stock went up today to 3 cents and bid is 5.3 cents. It will go up tomorrow
Another great take on the overall situation. One thing missing is number 15 = US Manufacturing to get the tax breaks for the OCEAN.💪🏾✌🏾💯
10,000 FSR shares and continue to accumulate.
They need to restart production with only 2 trims.. Extreme and Ultra and lower the price.. boom 🤯💥 Fisker will continue to survive. Keep improving the software and release 3.0 ASAP..
I'm on the same idea since I don't understand why they did not try to get back on NYSE
Fisker would need all overdue financials filed plus FSRN stock price above 10 cents..only 10 days to appeal and 25 days for NYSE to review.
Damian Mills is also the chairman of NAMAD, it's about minority owned dealerships. Pure speculation but I wouldn't be surprised if he was able to get a large group of wealthy black investors (Michael Jordan and other athletes and celebrities) and make the first majority owned black automotive company. It would be a huge win for the black community.
👍👍
April 21 is super important because its my birthday!🎉😂😂
Happy Birthday 🎉
🎊
Indeed!! 🥳
i hope they pull a Hertz
This dude reminds me of a knockoff Ferrari owner. Got a Fisker, so now he has the Fisker hat, Fisker sign, Fisker gloves, cups, pens, and probably a Fisker cologne that smells like bad financial advice. 😂
I have not received permenent plates or the title in 5 months and counting. Have broken vents and can't get service because parts are on back order. No way a company that acts like this is going to survive.
Sorry about that.
I saw an article that says Fisker put his house for sale.
Have you heard anything?
Henrik Fisker Puts L.A. Home on the Market for $35M
That is true
He used retail money to buy it for 20M and now he's flipping it for 35M. He's playing the game perfectly. He has no shame. So many scams in the SPAC market.
@@erichg1000 can you prove that?
I think the CEO and/or CFO stepping down could be a good catalyst for the share price start coming back up with every piece of good news at the time.
Would love to see a 3750 % ramp . Nothing is impossible in this world
Who is the secret not holder ?
There is another important happing at 21st April: Fisker Ocean Owner Meeting in Hamburg, Germany. See Details in the Last Video of Channel 163Grad from Oliver Krüger
Eh, April 24th isn’t an automatic reverse split. I believe it is the vote in order to reverse split up to the end of the year.
If there is a vote it won't matter how retail votes. Henrik and Geeta own enough class B shares to pass anything right now
@@Ocean1_FSR True and with 343 million shares, nothing over 1 for 10 would make sense..move it to 34 million shares, something like what Xos did recently.
The delisting was harsh IMO
But we got rid of the institution investors shorts and After hours and Pre-market stock price manipulation. Some positive things came from it
@@2023gainer Good point ☝️ I should of said swift. But your right 👍
God damn I think you might be right 👍
Thanks for the video.
2 points of fact: 1. Fisker initially hit both start of production as well as launch price targets. 2. Fisker recently reassigned all service technicians to work on sales/delivery, so only complete vehicle failures & safety is are being addressed by service until sometime in May.
I know an owner that had minor issues addressed by a mobile tech this past week
Thanks for watching and I appreciate the comments. On #1 Fisker really didn't hit SOP as the initial understanding was they could be delivered as soon as produced but instead we had months and months of homologation + just a handful delivered to Magna. One can only speculate why and it was probably due to buggy software. As far as price targets, they did hold the line on them but only in a very strict sense as we never knew what the options were + the cars were delivered without certain features. Option prices were all over the place and changed regularly. As far as #2, that seems to be a mixed bag. I have heard others say the same, but I have also heard and seen it's business as usual so maybe it's a regional thing. I just hope we survive this fiasco as we clearly botched several things up. We still love our Ocean though. ;)
When you buy on OTC, if Fisker were to survive, would they roll over into my NYSE account (Robinhood) for Fisker above 10 cents?
For them to get back on NYSE it would either be a reverse stock split 100 to 1 to regain the above $1 compliance or buy back outstanding shares to raise the current price. Where ever you hold shares they will have swap the ticker symbol back to FSR from FSRN. Currently I have them between ETORO and Revolut. Only ETORO allows me to buy OTC
@@matthewspry4217Would require a $ 4 stock price to start on the NYSE. ..$ 1 to remain listed...too late for that option.. Fisker didn't appeal the delisting.
From one perspective you are a total fisker homer. Like when your sports team is absolutely horrible but you find the goods.
From another perspective you are very logical with your thoughts and you can separate your love for fisker from reality.
My gut tells me they do not want to file either. If they were ok with it, they would have done it 3 weeks ago vs getting the extension with the note holder.
The ev market is at a struggle, and rightfully so. Charging networks are behind, interest rates are high. Ev pricing is still high. Range is still an issue.
I am an EV owner and I have a hard time really being a cheerleader for others to go EV due to the above issues.
Good video. It makes sense. But can and will fisker pull it off... only time will tell
Fisker just listed his sunset home for sale 35 million. Looks like he is raising money or cutting his loses. Hopefully raising capital.
💯% fisker wont miss its targets this quarter 😅
PJT Carvana 2.0 playbook to defer debt to 2030
HF is selling his house. Is he still going to survive?
He could literally buy the float with that money 💰
Do you think HF needs to be punished?
@@richardtaur punished? Not sure what you mean by that. Personally, I just hope the company survives. He and Geeta should lose their current roles though.
Fisker sells the remaining 5100 vehicles @ $40k each thats $200,000,000 plus tranched loan $150,000,000 plus the sale of henricks house and underpants totals $400,000,000. We might just do it lads
😆🤝👍
Yes ..many of those vehicles being delivered to dealerships/ customers now ..more to come this month.
PEAR to Tata for mass production to compete against China
It is hard to know who gave the green light at Fisker to start selling cars to customers before the v2.0 / critical features were tested and ready.
Very un-professional.
This is what I see as their biggest management mistake and leading to the current situation. Who knows if senior chiefs disregarded the advice of the Quallity & Testing managers to wait.
Now, time is not on their side. Deadlines are approaching. What to do?
Well, if it isn't already obvious - pour whatever resources are available into fixing and updating that software as far as v4.0 asap!
Once all key / critical / expected features are working, Fisker will have a very desireable product and super happy customers. It will easily win new customers, drive demand and cashflow.
Henrik and the chiefs need to stop toying with other future models and focus on getting the Ocean and their company back on track.
Fisker is doing much better than the stock price reflects, just need press releases from Fisker...Fisker wanted an affordable SUV to compete against Tesla / Rivian..and that is what they produced, .but those cheaper parts didn't work well together and caused all these issues. .Fisker also would of ran out of $$ even sooner without Revenue.
it will not be a reverse stock split
Missing big picture. Money is number one issue. Only 4 options....
1. investor comes in with $1 billion.
2. Hostile takeover.
3. Ch 11 bankruptcy with rule 363 sale.
4. Ch 7 and company dies.
If you have watched my videos, I think you will clearly understand I am not missing anything.
There is a double edge sword in the sales area. If Fisker cannot sell cars at their reduced prices, then why bother resuming production of cars that don't sell.
EVs got a bad reputation by trying to force the masses to a technology and infrastructure that is not ready.
I think production is delayed another 10 weeks to figure out any defects with the software and other issues. Tata is a reality I think
Fisker PEAR will live? :)
Maybe 🤔, no idea at this point
You would have made a great captain for the Titanic... staying at the wheel until the water was around your ankles.
You would make a great 🤡 Have you ever considered doing professionally?
Keeping my hopes up for you owners out there but unfortunately I don't see production restarting in the near future... or at all. How would the potential future buyers feel knowing that the vehicles were once on liquidation at $25-38k and now they have to pay the full original price again? Fisker would have to deliver a flawless product to justify asking $43-62k once more.
A person could say the same thing for Tesla
The discounts were on 2023 models only ..These are new 2024 models. Retail puts items on sale everyday...and the next week back to full price..
I respect your hope but there is almost zero percent chance Fisker does not go bankrupt. A company that halts production is just delaying the inevitable. I mean if you are not making product...
Magna have invested HUGE 💵💵💵 for tooling for the Ocean 1 and cannot sell the cars themselves without license from Fisker.
PRODUCTION WILL RESTART!!
TO MUCH TO LOSE 💵💵💵💵💵💵💵
Help.me.get connect internet my fisker ocean one thanks
Just go into settings and follow the instructions
the chart looked disgusting and there was little to no hope after breaking ~4.20
Charts are meaningless. It's about survival
Inventory is evil.
May I suggest that the frequency of the filler “you know” be reduced dramatically in your videos. It is quite distracting. If it is a habit that can’t be changed, then perhaps they can be removed during post.
I will try to be more cognizant of that. I use that as a way of showing that some things are understood or we are in agreement. But, I will try to be more aware of using it too often. Thanks for the tip.
When was the last time Tesla changed their cars? The Cyber truck is a recent development, the updated 2024 Model 3 is new, and FSR 12.0 is also a new change. Fisker doesn't even have ADAS yet do they? I am willing to bet they don't want to be listed so that Geeta doesn't have to file the 10k. They don't care about being listed because they already extracted as much value from retail as possible and now they can play loose on the pink sheets. Hoping for the best for you though! Best wishes.
Cyber truck has already been a disaster and is already being paused for deliveries due to so many issues. As far as a mild facelift the Tesla lineup is old...
@@Ocean1_FSR They have almost sold more CTs in one quarter than Fisker sold Oceans in one year, and every truck produced now and in the future has a buyer lined up with cash in hand. I'm not a fan of it myself. The delivery hold. is supposed to be a short delay. We will see. Hard for me to see that as a "disaster" though. Nikola, Fisker, and Mullen would fit that description much better. (I'm not a fanboy of Tesla just saying)
@@erichg1000Tesla could be unprofitable very soon. 46,000 model Y's being discounted.
@@2023gainer there is risk from the slowdown of auto sales. I agree. we will see. Especially with the new cash out lay for new factories. I don't have a position in TSLA but if there is an ER dip I would be interested in 100 shares and a LEAP. anybody reading this should be looking at profitable companies with huge moat, like TDG. Follow me investment advice, I talk to Oprah
The asset light model is a double edged sword. Fisker owns no plants, and has no patents on components that went into their cars. All Fisker owns is a ton of debt, and the car designs. The designs aren’t worth what Fisker owes so bankruptcy is inevitable
Well not true. Apple doesn’t have their own plants.
You could be right about bankruptcy but Fisker does own a lot of IP, but currently that IP is owned by the noteholder. It is in the interest of the noteholder to not go BK.
@@yogesh21154 Apple didn’t fail. When you fail like Fisker has, it is a double edged sword
@@quantoc4255 Fisker hasn't failed either.. over $ 400 million in revenue and adding more daily. 1,000's of co's are unprofitable.. decade before Tesla was profitable.. are they failing too.?
@@Ocean1_FSR What IP are you referring to? Certainly not the software...it looks like it is largely a re-skinned version of TomTom's Digital Cockpit and the car subsystem software is Magna's. So there is VERY little to zero IP from a software perspective.
That biased copium is no surprise from the guy with the Fisker hat and sign (cool sign though).
Every EV manuf making mistakes..and saw major reduction in their stock prices, we were just one of the lastest to drop.
If they relist i expect my $2000 of penny stock to return me $100,000 😊
Basically I have just bought a FISKER ocean for the price of a down payment
I don't foresee Fisker restarting production anytime soon unless the thousands of '23 vehicles in inventory have been greatly depleted. It just doesn't make sense for them to do so.
I think the vast majority of them have sold
Fisker has dealerships throughout Europe and North America to stock with 2024 models and Ocean reservations to fill. Production should definitely restart soon.
We are now seeing here in the UK Ocean 1 on the second hand auctions sites they are selling 💵💵💵💵💵💵💵💵💵💵
@@Ocean1_FSR Ah, ok I didn’t realize that. I’m still working on acquiring an Extreme. Fisker was just all over the map so I contacted Mike D. at Classic Fisker of Atlanta.
Henrik cannot run this company, and Geeta is a tragedy.
Too much conjecture on the stock/chapter 11 . Why not honestly focus on why the EV market is in a serious tailspin.You are definitely still in denial about this issue and the current data.
Enlighten me
EV adoption growing by millions of new vehicles each year.. Soon EVTOLs coming to the Air. Some care about the Air our children breathe.
Tailspin? You need to stop listening to propaganda, read between the lines and look at the real numbers. Go compare ev sales 1st quarter 2022, 2023, 2024 then get back to us.
Only way for Fisker to survive is through Chapter 11. There is still value on the company, but also tons of bodies in the closet. Need to get rid of so much liability.
That Fisker debt is small compared to what other automakers carry....less than 1 yr of potential revenue.
@@swaep114 See your point, but other automakers (if we are thinking on the same) are cash flow positive are reporting profits, not Fisker case. On the other hand, liabilities come from several fronts and in different forms: partners, suppliers, customers, regulators, etc. These latest can be small or huge, problem is we don´t know and can only speculate so we should assume worst case. That is the reason I think Chapter 11 is the only option.
Fisker Ocean is not safe vehicle, stay safe!
Send your link
Fisker Ocean recalls... Zero. One of the Safest.
Stupid
Seems very safe to me.
Also, here is the thing you have to realize if the company doesn’t reverse split that essentially wipes out shareholders I have never seen a shareholder come back from a reverse split because the stock would have to go up percentage wise so much just for that shareholder to break even that it’s pretty much over if it doesn’t reverse split for the shareholder now the company may survive, but the present shareholders will be history And here’s another thing let’s say they do a chapter 11 reorganization well most reorganization shareholders are wiped out and there’s new shares so either way it really makes no sense to continue to buy more shares because even if the companies you have a one and 1 million shot at being a present shareholder making any money