Thanks, so am I!

 

It don't matter what the outside of the car looks like, as long as the inside looks like that.

I bet they've changed their tune on modern safety systems.

 

They better have!

 

 

which is heavier? rivian's a box. g wagon is a brick.

you don't buy a company just for the stock market cap... there's the issue of debt. i bet fisker has a ton.

 

You bet? Or you could just get the actual number.

 

gee thanks.

this says they burned through a billion last year have only 50m on hand , and will be toast in 30 days.
https://insideevs.com/news/717300/fi...fs-bankruptcy/

this says they owe 180m, but for a company that's basically worthless (stock), that's a lot, but obviously not much for a big auto company to acquire.
https://www.cbtnews.com/fisker-faces...rom-creditors/

question is what would an acquirer do with it. clearly fisker didn't make money, but has a nice looking ev suv. and?

i do want them to survive in some form though!

 

Last available financial statement says Fisker has $500 million in debt that's not horrible. Why would anyone want the company? If no one then they are not a viable business no reason to keep operating.

 

I'm liking this on a little better.

Just a little, so close

 

Too big of numbers for me to speculate but maybe that debt comes with property, building, and mfg capabilities that can all be kept plugged in and keep pumping out cars?

Maybe wishful thinking if the plant is not located in an area with the needed skill sets and complete retooling needs to be done to make it profitable.

Intellectual property might be worth something too, maybe.

Someone might scoop it up unless it's a disaster. Lol

 

If they believe they can better utilize the assets of the company to generate profit to the extent the debt isn't an issue, then that would motivate a potential buyer.

With the resources of a legacy automaker, it might be doable.

 

110 years apart, 1914 Detroit Electric Model 47 Brougham

 

This lady, who is still alive today, was 7 years old when the first vehicle was built.

https://en.wikipedia.org/wiki/Maria_Branyas

 

Wild to think she was my age when the US entered WW2 and she's still alive.

 

if those 'mfg capabilities' produced cars that could only be sold at a massive loss per car, not much value in buying. i suspect someone will pick up the pieces in bankruptcy for pennies on the dollar.