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New storm clouds seem to be gathering over Fisker, as according to a report from the Wall Street Journal on Wednesday, the electric vehicle startup has purportedly enlisted restructuring advisors to explore the possibility of filing for bankruptcy.<\/p>\n

Fisker recently laid their struggles bare as they used their 2023 financial report to reveal lackluster Ocean<\/a> demand, “unexpected headwinds,” and a “number of unanticipated challenges.” The company also stated that 2024 would be “another difficult year” as they’re only expecting to deliver around 20,000 Oceans globally.<\/p>\n

That’s a drop in the bucket and Fisker expressed a substantial doubt about their ability to continue as a going concern. This is because their “business plan is highly dependent on the successful transition to its new Dealer Partner model<\/a>” and their “current resources are insufficient to satisfy its requirements over the next 12 months.” <\/p>\n

More: Fisker Cuts Workforce By 15%, Looks To OEM Investment To Avoid Obliteration<\/a><\/strong><\/p>\n

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