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Why Fisker Can't Compete With Tesla

Posted

March 4, 2024

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Fisker, the EV startup founded by renowned Danish car designer, Henrik Fisker, is struggling. The Fisker name became a cautionary tale for much of the automotive world after his first company, Fisker Automotive, ended in bankruptcy. Now, he is trying again, with a new company bearing an almost identical name and logo. The company and its founder are taking steps to strengthen the financials and reputation by selling cars through dealers, by licensing technology, and negotiating a potential investment from an unnamed large automaker. But so far, executive turnover, delivery bottlenecks, cash burn and other challenges have hampered the growth the EV maker was hoping for.

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Producer: Robert Ferris

Editor: Evan Lee Miller

Animation: Christina Locopo

Camera: Andrew Evers, Sydney Boyo

Additional Production: Magdalena Petrova

Senior Managing Producer: Tala Hadavi

Additional footage: Aston Martin, Fisker, Ford Motor Company, Getty Images

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Why Fisker Can't Compete With Tesla

Guests & Subjects Covered

Henrik FiskerThe FiskerFisker AutomotiveChapters Introduction ChapterReality TVTake CNBCsAce Your Job InterviewCNBC News Online Get

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