Fisker Slashes Prices on Ocean SUV Amid Financial Troubles
In a surprising move, electric vehicle manufacturer Fisker has announced a dramatic price reduction on its most expensive Ocean SUV model. The price of the Ocean Extreme has been dropped by nearly 40%, now retailing for $37,499. This significant price cut places the Ocean Extreme nearly $6,700 below the average price paid for any new vehicle this month.
The company is also offering discounts on cheaper trims of the Ocean, with the most affordable model now available for just $24,999. These price reductions come as Fisker faces financial troubles and is making desperate attempts to avoid bankruptcy. The company has even paused production, warned investors of a pending bankruptcy, and is facing a pending delisting of its stock.
Price cuts in the electric vehicle segment are not uncommon, as competition, particularly with industry giant Tesla, has caused prices to decrease significantly. Fisker’s discounts are aimed at making the Ocean SUV more affordable and enticing for consumers. However, such drastic price reductions can have a negative impact on the resale value of the vehicles, potentially affecting owners who paid a premium for the luxurious Fisker brand.
Owners of Fisker vehicles who may be affected by these price cuts are encouraged to reach out to the reporter at [email protected]. As Fisker navigates through its financial challenges, it remains to be seen how these price cuts will ultimately impact the company’s future.
