These guys don’t make cars,
Fisker, Aptera, Karma...
It’s just vaporware.
They produce a cool looking prototype and use it to bilk credulous investors looking to cash in on the next big thing. The problem is made much, much worse when the government drops money into the scam, increasing the confidence of investors, resulting in much more money being sunk into the project.
Eventually it goes toes-up, and it is the investors and government who wind up holding the bag.
But the last thing any of these “car” companies want to do is build cars. That is too much work. It is far more profitable to just rake in investor cash and squirrel it away in offshore accounts. Fisker solves that problem by making the car so expensive than absolutely nobody wants to buy one. Therefore they don’t have to build one.
A friend of mine works for Fisker...
Let’s just say this is no surprise to him or me. I need to check to see if he was one of the people let go today...