expiredThaiM posted Mar 27, 2024 01:33 PM
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expiredThaiM posted Mar 27, 2024 01:33 PM
2023 Fisker Ocean Trim price cuts STARTS MARCH 29th
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Deal Details
2023 Fisker Ocean Trim price cuts STARTS MARCH 29th
Previous MSR. New MSRP Price. Difference.
Ocean Sport $38,999 $24,999 -$14,000
Ocean Ultra $52,999 $34,999 -$18,000
Ocean Extreme $61,499 $37,499 -$24,000
https://www.fiskerinc.c
Previous MSR. New MSRP Price. Difference.
Ocean Sport $38,999 $24,999 -$14,000
Ocean Ultra $52,999 $34,999 -$18,000
Ocean Extreme $61,499 $37,499 -$24,000
https://www.fiskerinc.c
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About the Poster
Deal Details
Community Notes
About the Poster
2023 Fisker Ocean Trim price cuts STARTS MARCH 29th
Previous MSR. New MSRP Price. Difference.
Ocean Sport $38,999 $24,999 -$14,000
Ocean Ultra $52,999 $34,999 -$18,000
Ocean Extreme $61,499 $37,499 -$24,000
https://www.fiskerinc.c
Previous MSR. New MSRP Price. Difference.
Ocean Sport $38,999 $24,999 -$14,000
Ocean Ultra $52,999 $34,999 -$18,000
Ocean Extreme $61,499 $37,499 -$24,000
https://www.fiskerinc.c
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1,457 Comments
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This one?
Anyone can see that on their website right now.
Fisker is doing this fire sale due to their inability to keep customer deposits in order and are now bleeding money because of this.
Yes there is a risk, of course, but the fisker extreme is very tempting at this price point if they can live up to the warranty
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They can't even collect money properly or do dmv paperwork right, so good luck with registration.
2. https://news.yahoo.com/fisker-los...11559.htm
Nissan just stepped away, after Mazda and other big companies looked at Fisker.
Rotting fish.
3. Q4 was -35% gross margin.
Basically, almost all the ev only makers are underwater and bleeding cash. Only Tesla reliably flipped to making money in the past year, but it is also squeezed.
Selling, general, administrative costs $200-230M vs cash on hand $130~M.
4. https://www.reuters.com/business/...022-11-14/
So, Fisker, Rivian, Polestar, etc are all underwater, burning cash, and have years to go before they can surface and make a profit. Each needs infusions of hundreds of millions in cash to keep going. Only one has the Saudis feeding it cash.
5. Then, $35k-50k+ EVs from these newcomers, and even Ford can't make EVs at a profit.
https://insideevs.com/news/693626...v-sold-q3/
Versus worldwide, BYD just threw down the massive challenge.
https://electrek.co/2024/03/06/by...700-price/
Sub-$10k EV Seagull.
Given that Fisker to Tesla don't in-house manufacture batteries to components to final assembly, BYD is going to have efficiencies nobody else has.
.......
So no matter how you slice it, the majority of new EV brands will vanish within a decade, replaced by the majors (Toyota, Nissan going on line with next gen battery EVs 2027~) and the few monster sized EV makers (BYD) that have the cash and ability to cut costs, thus prices, faster. Xiaomi an exception since it can fund its EV side from their cellphone profits. Tesla can pull frim Musk - sell X, SpaceX, etc.
..........
So, $37.5k Fisker?
Price out how much can be recovered from selling the parts and battery - that's effectively your 1st day value given that even Tesla won't take them as trade-ins anymore.
So a "disposable" ev car - run it breaks and toss.
....
In the meantime, I'll wait until Toyota/Nissan's 2027 next-gen EVs arrive....
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