Henrik Fisker is getting rid of his two-story, 1,000 square meter mansion in the Hollywood Hills. The house was valued at $35 million—more than what Fisker, which is on the verge of bankruptcy, is now worth. Teslarati estimates its capitalization is currently only $24.97 million (shares sell for five cents apiece).
In mid-March of this year, it became known that Fisker had stopped production of its only model, the Ocean crossover, at the Magna Steyr plant in Austria. The reason for the downtime was that there were practically no funds left in the company’s accounts to pay the bills to the Austrian partner. Electric crossovers sold very poorly, and production volumes were four times lower than expected.
There were rumors that Fisker could be saved from bankruptcy by Nissan, with which negotiations were held about investments, but the deal never took place. At the same time, Fisker asked for help from four other automakers, but they all refused. Despite this, the company continues to search for an investor.
Why is Fisker Ocean criticized – and is there anything to praise it for? Fisker has stopped production, it has nothing to pay the bills Fisker announced huge discounts on the eve of bankruptcy
Now information has emerged that Fisker CEO Henrik Fisker has put up for sale a luxurious Hollywood mansion with a spa, wine cellar, gym and six-car garage, which is valued at $35 million.
Meanwhile, as Business Insider reports, Fisker employees are already preparing for mass layoffs – they were notified by mail about the upcoming cuts and closures of divisions. Perhaps the proceeds from the sale of the house will be partially used to pay compensation.
Fisker itself says it is making every effort to stay afloat. Among the possible measures, in addition to third-party investments, restructuring is also mentioned. The company’s management promised to announce decisions on these issues on June 28.
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