Dabbie Davis   Apr 01, 2024   

The crisis hit Fisker hard in late 2023 with a puzzling loss of sight on customer payments, totaling millions. This setback arrived amidst Fisker's pivotal period, reaching a remarkable $1 billion valuation within four years. As the payment turmoil unfolded, production woes and partnership failures added to Fisker's mounting challenges, hinting at deeper financial troubles.