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Here’s Why You Should Buy an EV from a Bankrupt Manufacturer

Rich Rebuilds・20 minutes read

The speaker evaluated the Fisker Ocean SUV, noting its unique features and design elements, despite the company's financial challenges and mixed reviews on various aspects of the vehicle. They expressed reservations about the pricing but suggested that at a reduced rate, the Fisker Ocean could be a compelling option for buyers looking for an all-electric SUV.

Insights

  • The speaker owns cars from financially troubled companies like McLaren, Aramoto, Rivian, and Tesla, including Tesla stock which has decreased in value.
  • The Fisker Ocean SUV, despite facing financial struggles and bankruptcy, has garnered attention for its unique design features and potential appeal at a lower price point, showcasing promising initial efforts by the brand in the electric SUV market.

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  • What are some financially troubled car companies?

    McLaren, Aramoto, Rivian, Tesla

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Summary

00:00

Financially Troubled Companies: Speaker Reviews Fisker Ocean

  • The speaker owns cars from financially troubled companies like McLaren, Aramoto, Rivian, and Tesla, including Tesla stock which has decreased in value.
  • Fisker, facing bankruptcy, has produced the Karma and Ocean SUV, with the latter now available at a reduced price, potentially dropping further.
  • Fisker's Ocean SUV has garnered attention despite the company's financial struggles, with reviews highlighting both positives and negatives.
  • The speaker found a Fisker for sale at a local dealer, noting its appealing exterior design and unique features like a solar panel on the roof.
  • The Fisker's interior features comfortable seats that may discolor quickly, with some design elements like the extending door handles receiving mixed reviews.
  • The speaker tested the Fisker's safety features, including the accelerator pedal, and noted potential issues with knee space and moisture buildup.
  • The Fisker's UI and digital features were explored, with the speaker finding some aspects confusing and the overall design lacking in sophistication.
  • Driving the Fisker revealed issues like rolling back on inclines and a spongy brake feel, but overall, the speaker commended Fisker's effort as a first attempt at an all-electric SUV.
  • The speaker expressed reservations about the Fisker's price but suggested that at a discounted rate, around $25,000, it could become a more attractive option.
  • Despite some drawbacks, the speaker acknowledged the Fisker Ocean's potential appeal at a lower price point, considering it a promising first step for the brand.

13:26

Fisker Ocean: Features and Criticisms

  • The Fisker Ocean is currently priced in the low to mid-30s, with the reviewer waiting for it to drop into the 20s before considering it a good deal.
  • The suspension of the Fisker Ocean is described as floaty and soft, lacking a firmer, sportier feel that some drivers may prefer.
  • The pedestrian warning system in the Fisker Ocean is criticized for being super annoying, emitting a loud noise even at low speeds, but can likely be disabled in the settings.
  • The regenerative braking in the Fisker Ocean is noted to be weak compared to other electric vehicles like the Tesla Model 3 and Rivian, with the reviewer suggesting it feels like pulling a parachute.
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