Fisker’s slow motion car crash

Hybrid car maker Fisker is nearing bankruptcy after announcing the departure of 75 per cent of its employees. In a contrasting tale to that of Tesla, everything that could have gone wrong, pretty much has.

Green car group Fisker is edging ever closer to bankruptcy.

On Saturday morning, Australian time, the US maker of the hybrid Karma said it had made the wretched decision to sack 75 per cent of its workforce. Yes, 75 per cent – that is not a typo.

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