Price drops for the 2023 Fisker Ocean range will range from $14,000 to $24,000, based on trim level. It used to cost $63,937, but now the top-of-the-line Extreme costs $39,937 instead. The Sport costs $27,437, and the Ultra costs $37,437. Fisker recently stopped making cars for six weeks to deal with the problem, and now the steep price cuts are making it hard for the company to stay in business. Fisker, a California company that looks like it’s about to go bankrupt, announced today that the price of its 2023 Ocean electric SUV will be slashed significantly. There are three trim levels: The base Sport has front-wheel drive. The mid-level Ultra has all-wheel drive. The top-of-the-line Extreme has more options. The base Sport costs $27,734, $14,000 less than it used to cost $41,437. The starting price of the Ultra has gone down by $18,000, from $55,437 to $37,437. Lastly, the base price of the Extreme was dropped from $63,937 to $39,937, a big $24,000 savings. The $2438 delivery fee is built into all of these numbers. Fisker says that 2023 cars with the company’s new 2024 Ocean OS 2.0 software can be discounted. The savings will start on Friday, March 29, March 29. According to a corporate statement, “Fisker is strategically positioning Ocean to be a more affordable and compelling EV choice, competitively available to EV buyers.” Invoice Pricing asked a Fisker representative to confirm if the price cuts would also apply to the 2024 Ocean. They have yet to respond. We will make changes to this report if we hear back from you. It’s not an accident that the big price cuts are part of Fisker’s plan to stay in business. Fisker’s problems became public in February after a worrying earnings call that included a bleak outlook and a large-scale layoff. The company then stopped making things for six weeks starting last week, March 18, to figure out how to handle its current money problems. Reuters reports that talks with a big, unnamed automaker seem to have broken down, even though Fisker announced a commitment from an existing investor and a new round of financing worth up to $150 million in gross proceeds. Fisker’s money problems have gotten worse, and the company was taken off the NYSE.
