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Fisker now expects to go bankrupt within 30 days (www.arenaev.com)

submitted 7 months ago by boem@lemmy.world to c/technology@lemmy.world

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[–] ShepherdPie@midwest.social 13 points 7 months ago (1 children)

Demand is down because these vehicles are pushing $100k and interest rates on car loans are 7-8%. They did recently announce some new, cheaper models in the near future so it may turn around for them.

[–] GrundlButter@lemmy.dbzer0.com 1 points 7 months ago

You're right. One interesting option right now is the mustang Mach E, dealers are dropping prices and Ford is giving 0% for 72mo. I just bought a California route 1 for 46k at 0%, and I wasn't planning on electrifying at current prices until that came up.