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moves money Electrek May 16, 2026

Fisker went bankrupt and owners built open source car company from the ashes

Fisker went bankrupt and owners built open source car company from the ashes
AI Summary

filed for Chapter 11 bankruptcy in June 2024, it left roughly 11,000 Ocean SUV owners holding the keys to vehicles that cost them anywhere from $40,000 to $70,000 — and that were rapidly losing the software brains that made them work. What happened next is one of the most remarkable stories in the history of the electric vehicle industry. Instead of accepting that their cars wo

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