Does the Fisker 8k Point to Bankruptcy? I Think So. But I Could Be Wrong

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  • Опубликовано: 23 май 2024
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Комментарии • 119

  • @cjzito
    @cjzito Месяц назад +12

    Adam - I truly enjoy your videos. More specifically, your content and analysis is remarkable. I think I heard in one of your videos that you are a car detailer, but that's not the only thing you "detail". I can tell you are quite good at digging up and communicating very detailed information. In a sense, you are like a scientist or engineer. (I am one myself, and recognize these characteristics).
    Your specificity is commendable. For example, in your "But the truth is . . . " slide, you state "Service availability is poor (Service is Good)". Most people would just say the generic "service is poor". But your statement is more nuanced and accurate.
    Keep up the great work!

    • @Aslash304
      @Aslash304  29 дней назад +1

      Wow. I sincerely appreciate this. Made my day.

  • @michaelkim3432
    @michaelkim3432 Месяц назад +7

    I 100% agree. At this point it sure seems that Henrik and Geeta have both been sidelined. Not a peep from either one of them. So I assume that the noteholder is calling the shots now and FTI is in essence working for them. The immediate main objective will be trying to maximize recovery for the noteholder, but they've only got a few days to work this out. This would entail making sure that all of their security interests are properly perfected and taking stock of all available assets that will fall under the noteholders claim. After that, the 8K mentions that there will be a change of Chief Restructuring Officer and this will most likely be the guy filing the BK. Great video, you are 100% on point Adam!

  • @briangilgeous8566
    @briangilgeous8566 Месяц назад +3

    Thanks for always keeping it all the way real and always coming with a strong opinion.
    You’ve always brought information. So those looking for affirmation won’t like it. I’m here for it, so thank you for continuing to bring it…straight no chaser.

    • @Aslash304
      @Aslash304  29 дней назад

      I appreciate you checking it out. Thanks for the encouragement. Sometimes the comments are a lot.

  • @GammaBlack
    @GammaBlack Месяц назад +6

    Folks get to a point where they don’t recognize their own survival fire and will piss all over it 😂

    • @Aslash304
      @Aslash304  29 дней назад

      An honest perspective

  • @guzelkadn3570
    @guzelkadn3570 29 дней назад +1

    I like your palatable delivery here. You objectively delivered the facts without the bitter betty undertones.

    • @Aslash304
      @Aslash304  29 дней назад

      I’m not totally useless

  • @DIOSpeedDemon
    @DIOSpeedDemon Месяц назад +3

    It would be nice if Amazon bought all the spare parts and sold them on their site. I am sure the manufacture has a ton of spares somewhere.

    • @Aslash304
      @Aslash304  29 дней назад

      Not a bad thought at all

  • @nosoupforyou425
    @nosoupforyou425 Месяц назад +4

    Good luck to those that bought

  • @davidmerwin7763
    @davidmerwin7763 Месяц назад +1

    I think you are most likely right.
    I finally got a call from a service guy. He was leaving the area and said someone would call tomorrow to check out our Ultra and tell us why it died twice on the freeway. I am not holding my breath. Talking to a lawyer on Thursday to find out our options.

    • @Aslash304
      @Aslash304  29 дней назад

      Keep me posted. I extended my sincere apologies to you for the experience you’ve had.

    • @davidmerwin7763
      @davidmerwin7763 29 дней назад

      @@Aslash304 Thanks Adam. I actually got a call today and I have an appointment with a service guy tomorrow at 2 pm. We will see what happens.

  • @FredW-jo8os
    @FredW-jo8os 29 дней назад +1

    Adam - I was able to get 100% financing this week on the Extreme with one of the largest nationwide banks in the US. Banks will lend in spite of Fisker's potential demise.

    • @Aslash304
      @Aslash304  29 дней назад

      Great to know! Thank you

  • @Vine1963
    @Vine1963 29 дней назад +1

    Do you know if there has been any confirmed 38k Fisker Ocean's that have been purchased and delivered?

    • @Aslash304
      @Aslash304  29 дней назад

      Multiple people on this channel have told me that they received one of the discounted vehicles, the best way to confirm would be to call a dealership. Classic Fisker in Atlanta also confirmed with me that they have sold dozens of them. But if you would like my personal confirmation, I currently do not have it.

  • @JamaicanMeCrazy
    @JamaicanMeCrazy 27 дней назад +1

    Writings been on the wall. It's over for HF I will never take him seriously outside of design.

  • @phill6885
    @phill6885 Месяц назад +2

    Thanks Adam.

    • @Aslash304
      @Aslash304  29 дней назад

      I appreciate you taking the time to tune in

  • @randyjohnson5426
    @randyjohnson5426 Месяц назад +1

    Spot on!!

    • @Aslash304
      @Aslash304  29 дней назад

      Thanks for watching

  • @johnklaman9548
    @johnklaman9548 Месяц назад +2

    No one has been able to go beyond speculation. It's not over despite the recent 8k. The news is bleak. But it is speculation.

    • @Aslash304
      @Aslash304  29 дней назад +1

      This is 100% true

  • @Musings-From-Mike
    @Musings-From-Mike Месяц назад +8

    I empathize with you, but count my lucky stars that I got bad vibes early last year and canceled my Ocean order and PEAR reservation.

    • @kyliefan7
      @kyliefan7 Месяц назад

      I’m glad I didn’t either!! I’m not one to put down money on a start up EV. My requirements would be they’d have to be making profit for awhile for me to do this and Tesla is the only company that fits this bill. I’m hoping the new Tesla will be a Bolt EV sized Tesla.

    • @Aslash304
      @Aslash304  29 дней назад +1

      A very good decision

  • @marsEv310
    @marsEv310 Месяц назад +1

    Your predictions are 100% accurate. The vultures waiting for the carcass to drop and swoop in for easy pickings

  • @BartSantello
    @BartSantello Месяц назад +1

    Both the scenarios you laid out are possible. I believe Fisker will survive in some manner, likely a boutique (smaller) version of itself, targeted primarily in the European market and the few dealers in the U.S.

    • @Aslash304
      @Aslash304  29 дней назад

      A legitimate prediction

  • @j-joe-jeans
    @j-joe-jeans Месяц назад +5

    Nice job again Adam. Your view/opinion is astute and likely to be realized shortly.

    • @abaza.ibrahim
      @abaza.ibrahim Месяц назад +1

      You are here again. If I am mistaken, you are the same guy who wrote nonsense for the last short video that was deleted after a massive fire. SHAME ON YOU.

    • @j-joe-jeans
      @j-joe-jeans Месяц назад +2

      @@abaza.ibrahim I did post yesterday yes. I called out your irrationality and logical blunders. I see you are back here doing more of the same.
      Do you actively like being fallacious in your posts or is it inherent to your being?

    • @Aslash304
      @Aslash304  29 дней назад

      I appreciate this. Very much

  • @EM.1.
    @EM.1. Месяц назад +3

    HF needs to curtail his ego and have someone buy them out who knows how to run a company. He knows he can't run it so stop being a baby.

    • @Aslash304
      @Aslash304  29 дней назад

      I appreciate the feedback

  • @hardtennis
    @hardtennis Месяц назад +2

    The best always get the shade. While all other car manufacturers hide in it, no one gets out alive on this one. Oh. Look over there….. dog eat dog. Invest in how you will like to see the world. Plenty of cash don’t know where to go. Fear is free.

    • @Aslash304
      @Aslash304  29 дней назад

      I appreciate your feedback

  • @ronkonkoma4223
    @ronkonkoma4223 Месяц назад +1

    I read a story about Henrick listing his California home? Is he running away?

    • @alisuta2001
      @alisuta2001 Месяц назад

      And if he would run away, where would he hide on this planet, he sold cars all over the globe 😂

    • @wizzyno1566
      @wizzyno1566 Месяц назад

      He's extracting cash then he'll hide it.

    • @foxtrotwolf6081
      @foxtrotwolf6081 Месяц назад

      Lower taxes in Texas. It's what you do before you get a big payout. If not, Calif will snag a big chunk of it. If you're getting a 100 million, Calif will get 10 million. Texas, Florida, Wash, Nev, etc. will let you keep all 100 million. 10 million is worth it to cut ties and move.

    • @Aslash304
      @Aslash304  29 дней назад

      I wish this comment were a headline in a news article and Henrik was reading it. Well put

  • @duckmanduckman6449
    @duckmanduckman6449 29 дней назад +1

    Why was there a delivery wait list if they had a large supply waiting and they were still producing more? Conspiracy!! Just start producing the Ronin .

    • @Aslash304
      @Aslash304  29 дней назад

      There you go. I’m sure it’s coming soon. They can use the 53 million in cash they have left.

  • @Jim-jd7ox
    @Jim-jd7ox Месяц назад +2

    you kept asking for 10K well its out any analysis on that>?

    • @Aslash304
      @Aslash304  Месяц назад +1

      I’m working on it

  • @najthesavior4286
    @najthesavior4286 24 дня назад +1

    Loving the hulu disney and RUclips

  • @guzelkadn3570
    @guzelkadn3570 29 дней назад +1

    Henrik let his ego ruin a potentially great company. Knowing your strengths and weaknesses is vital to building a brand. If you are not CEO material and your wife is not CFO/COO material why egotistically hold on to those positions in your company and run it into the ground, wasting investor's money and leaving your car owners stranded without the prospect of future service? So you rather be the CEO of a sinking ship than be a partner in a succesful brand with your name all over it? Someone please make it make sense.
    All Henrik had to do a year ago, was bring in good leadership and work along side them. Instead he burned everyone that believed in his vision and concept.

    • @Aslash304
      @Aslash304  29 дней назад

      Excellent summary of events

  • @wardpaine8194
    @wardpaine8194 Месяц назад +1

    Bummer

  • @dreamerstripsitting6786
    @dreamerstripsitting6786 Месяц назад +3

    Fisker needs a massive downscale, No production till everything is sold only service. They should even offer a contract for dealers that they will keep offering parts for the next 20years for people to have enough trust to buy a fisker.
    Only then can Fisker survive and rebuild.

    • @Aslash304
      @Aslash304  29 дней назад

      They have less than $53 million in cash.

  • @maff2002
    @maff2002 Месяц назад +8

    10K has been filed.

    • @o0Dan0o
      @o0Dan0o Месяц назад +4

      This. Doesn't mean they won't go BK, but every week we cand extend is one week closer to OS 3 or OS 4.

    • @shckltnebay
      @shckltnebay Месяц назад +1

      6400 cars sold even with the fire sale

    • @Aslash304
      @Aslash304  29 дней назад

      Video breaking it down is live

  • @sandniqqa
    @sandniqqa Месяц назад +5

    bro,,, review the 10k,,, that 551 page behemoth is wild, we need a TLDR!

    • @Aslash304
      @Aslash304  Месяц назад +3

      Working on it

    • @shckltnebay
      @shckltnebay Месяц назад

      The last page is 511!!!!

    • @victormdp
      @victormdp Месяц назад +2

      You should at least say please

  • @tingeman
    @tingeman 28 дней назад +1

    Yet Fisker is up 57 % today.🙄

    • @Aslash304
      @Aslash304  26 дней назад

      That’s at least 1 penny

  • @PeruInvest
    @PeruInvest Месяц назад +1

    S-4 is next

    • @Aslash304
      @Aslash304  29 дней назад +1

      Not a bad prediction

  • @manhhuytran9304
    @manhhuytran9304 Месяц назад +1

    So fisker is dead or not ?

    • @mathieutousignant1515
      @mathieutousignant1515 Месяц назад

      I don't think so... The company possessing promising technology and a market-ready product. Despite any financial struggles they may face, their R&D done could draw potential buyers, potentially at a discounted price. Despite the obstacles, there's a strong likelihood they'll attract interest from potential acquirers.

    • @Aslash304
      @Aslash304  29 дней назад +1

      Death is certain. Fisker is one big ball of uncertainty at the current time.

  • @3dzilla8
    @3dzilla8 Месяц назад +1

    I watch your videos to see all the crybaby comments that are in denial of bankruptcy

    • @Aslash304
      @Aslash304  29 дней назад

      They have opinions.

  • @flipper99one
    @flipper99one Месяц назад +1

    price of xtream here in California is 45.5k out the door cash.

    • @Aslash304
      @Aslash304  29 дней назад +1

      Out the door is a solid metaphor

  • @erickpizano8517
    @erickpizano8517 2 дня назад +1

    😂😂😂

    • @Aslash304
      @Aslash304  2 дня назад +1

      Emoji award

    • @erickpizano8517
      @erickpizano8517 2 дня назад

      I see you desperate, why so much agitation?

    • @erickpizano8517
      @erickpizano8517 2 дня назад

      It's just a car, a dying brand, with the worst car on the planet

  • @Derpy1969
    @Derpy1969 Месяц назад +7

    Fisker is done.

  • @Teamvenomracing
    @Teamvenomracing Месяц назад +2

    I called this last year. I took my $5K loss to avoid this outcome. I'm sorry you are in this situation, but I tried to warn you. I have a very rare and cool EV coming this summer you should come up and check out in person! Love the channel and your dedication, as always.

    • @Aslash304
      @Aslash304  29 дней назад +1

      Let me know. I’d love to check out the new ride

    • @Teamvenomracing
      @Teamvenomracing 24 дня назад

      @@Aslash304 I will! Excited to meet you and show you my vehicles.

  • @alijosefi5278
    @alijosefi5278 Месяц назад +1

    if you dont thin fisker is 100% shorted just read the comments here

    • @shckltnebay
      @shckltnebay Месяц назад +2

      A 4 cent stock, ok dude lol

    • @Aslash304
      @Aslash304  29 дней назад

      I’ll address this in an upcoming video

  • @matthewbrown1781
    @matthewbrown1781 Месяц назад +2

    Idk where you get bankruptcy.. they've literally cut all costs. They did the restructuring on their own and why would someone give them 166m just for them to bankrupt?

    • @j-joe-jeans
      @j-joe-jeans Месяц назад +2

      Why? Watch the frigin video! Why someone needs to be fed their alphabet soup one letter at a time is beyond me.

    • @Aslash304
      @Aslash304  29 дней назад

      The 10k answers this.

  • @erickpizano8517
    @erickpizano8517 Месяц назад +1

    If at this point in the game you have not yet realized who this gentleman works for

    • @Aslash304
      @Aslash304  29 дней назад +1

      I work for the Illuminati World Order LLC. We invented hot pockets.

    • @erickpizano8517
      @erickpizano8517 29 дней назад +1

      I salute you, you do an excellent job

  • @abaza.ibrahim
    @abaza.ibrahim Месяц назад +6

    Latest news: Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations. Your rumors are false. Stay Silent. Please.

    • @j-joe-jeans
      @j-joe-jeans Месяц назад +3

      When the proviso of “may” is used the meaning is drastically altered. What school of reasoning did you not attend?

    • @alijosefi5278
      @alijosefi5278 Месяц назад +2

      that's Reuters speculation not news but go ahead and jump for joy on that

    • @alijosefi5278
      @alijosefi5278 Месяц назад +3

      @@j-joe-jeans short clown school

    • @logicalratio
      @logicalratio Месяц назад +2

      You being here and commenting on video creators works is only serving the the whole purpose of the discord.

    • @Aslash304
      @Aslash304  29 дней назад +1

      The 10k video is way worse than this one. With no opinions at all.

  • @tehsnoik5835
    @tehsnoik5835 Месяц назад +2

    Classic doomsday prophet. Imagine being so butthurt that you actively lower the value of your own car 😂 I am all for people having the right to their own opinion, but maybe Adam should get a clowncar? Might fit him better.

    • @Aslash304
      @Aslash304  29 дней назад +1

      I am all for a clown car. Point me to the face paint

    • @tehsnoik5835
      @tehsnoik5835 29 дней назад

      @@Aslash304 I am joking :) If you have facepaint in your next video, I'm dead lol The car I have no clue where you might get...

  • @Mike-zp2dt
    @Mike-zp2dt Месяц назад +11

    Wrong as always

    • @shckltnebay
      @shckltnebay Месяц назад +2

      Whats he wrong about?

    • @Aslash304
      @Aslash304  29 дней назад

      I was thinking just getting “Adam is wrong” shirts. Thoughts?

    • @bernssss0820
      @bernssss0820 29 дней назад +1

      @@Aslash304 don't forget to include "always" 🤣