Rumorpile: Fisker To File Chapter 11 Bankruptcy This Week?

The whole unfolding of Fiskers makes one think they deliberately did not believe they would have to pay back the EPA. The fact the have not built anything for 9 months or so would tend to also imply they were happy to use tax dollars to do nothing.

Good riddance, I hope the EPA takes everything and then sells it to an American company that can actually build something.

The Govt's track record WRT 'green' companies investment is DISMAL; more like criminal negligence. You can't force the market and lawmakers are clueless.

If Fisker goes belly up it's a shame, but a fresh $100K car is never NOT going to have an uphill battle, no matter what's underhood or how slinky it looks.

More and more I am starting to really hate the waste of money on technologies that are not ready for prime time use by the masses.

Who wants to be a pall bearer?

Why waste money on a funeral? They already blew 200 million.

Thinking on this EPA should just take the technology and share it with GM and Ford. That way the american auto companies can use it to benefit America and jobs.

For those that say what about the other investors? Well the EPA can sell the rights to use the technology to them, be it China, Japan, Korea, Euro, etc. That way those funds can go back to the independant investors and if there is anything left over it can go back to the original investors/owners.

Found a great editorial on why we do not need Fisker.

http://www.technologyreview.com/view/514171/why-we-dont-need-fisker/?goback=%2Egde_1452137_member_236057702

Here is another great write up on why Tesla survived and Fisker will not.

http://www.technologyreview.com/news/513151/why-tesla-survived-and-fisker-wont/

I have to say that these are spot on in regards to these auto's.