OOps! Another EV firm fizzles out,.
Fisker FSRN -1.96%decrease; red down pointing triangle, a much-hyped startup that sought to mimic Tesla’s success, has filed for bankruptcy, roughly a year after releasing its first electric-vehicle model.
The filing marks the second time an automotive venture by car designer Henrik Fisker has gone bust and follows weeks of quietly winding down its operations.
Electric-Vehicle Startup Fisker Files for Bankruptcy
Fisker runs out of cash after a failed effort to change its business model and find a financial savior
Fisker FSRN -1.96%decrease; red down pointing triangle, a much-hyped startup that sought to mimic Tesla’s success, has filed for bankruptcy, roughly a year after releasing its first electric-vehicle model.
The filing marks the second time an automotive venture by car designer Henrik Fisker has gone bust and follows weeks of quietly winding down its operations.