The situation at Fisker is becoming increasingly urgent. With cash reserves dwindling, the company is resorting to drastic measures to stay afloat, including slashing the price of its electric Ocean SUV and exploring potential buyers. Shockingly, staff members have revealed that Fisker is using pre-production cars as replacement parts for vehicles already in the hands of customers, a practice that raises serious questions about the company’s financial management and the safety of warranty repairs. Business Insider talked to “several people familiar with the matter,” who said that Fisker has started taking apart current cars to fix problems with models that have already been sold. A lot of people are worried about the quality and safety of the Fisker Ocean. The NHTSA is looking into three different safety problems with cars. A lack of parts seems to have made the long list of problems that need to be fixed even longer, so Fisker is reportedly starting to take apart cars at its “graveyard.” Reports say that Fisker’s “graveyard” has both customer-returned cars and test cars that were made before they were sold. Some parts are said to come from stock that wasn’t sold, and things that have been grave-robbed include tires, door handles, windshields, and body control modules. It is thought that Fisker has taken parts from these cars since June 2023, when deliveries began. These parts have recently been used for up to 15% of repairs. The company told Business Insider that it had nothing to do with the practice. If Fisker owners can’t find a buyer, getting warranty work done faster might not be the most important thing to them. If Fisker breaks, it might not be possible to fix it because parts would likely run out very quickly. Like Fisker’s last try at making an electric luxury car, buying the company (or its assets) is the best thing for the owners to do right now. Well, some things are still the same.
