When it comes to electric vehicles, Tesla has long been the dominant force, but even it isn’t immune to challenges. From declining sales and increased competition to delayed product launches and polarizing brand perception, Tesla is facing major hurdles. If a company as established as Tesla is struggling, what does that mean for Fisker, an EV startup that has already filed for bankruptcy and left customers stranded? The main website isn't even accessible anymore, it's just a dealership location.
Deep Discounts... But at What Cost? Fisker has slashed prices on its Ocean SUV models, with some dropping by $24,000, making them among the cheapest new EVs available. While this might seem like an incredible deal, the reality is far more complicated. Fisker’s financial instability raises serious concerns about warranty support, parts availability, and long-term viability.
Major Complaints & Risks Fisker vehicles have been plagued by mechanical and software issues, including:
Rollaway risks – Some Ocean SUVs were investigated for failing to shift into park, leading to injuries.
Braking failures – Complaints of sudden loss of braking performance and inadvertent emergency braking.
Abandoned vehicles – Fisker’s bankruptcy left dealers dumping unsold Ocean SUVs on the side of the road, with owners struggling to find support or spare parts.
Better Alternatives at Similar Price Points Instead of gambling on Fisker, buyers can look at more reputable brands that offer strong reliability, better resale value, and long-term support. Some notable options include:
Honda – Known for dependability and resale value, with solid hybrid and gas-powered options.
Toyota – A leader in hybrid technology, offering affordable and reliable vehicles.
Mazda & Subaru – Highly rated for customer satisfaction and safety.
Is Gasoline Still an Option? While EVs are said to be the future, gasoline-powered vehicles offer affordability and reliability without the uncertainty of a struggling EV startup. So it's something Fisker may want to consider if they want to try and turn things around.
Final Verdict Fisker’s discounted prices might look tempting, but the lack of stability, unresolved complaints, and bankruptcy issues make it a high-risk purchase. If you’re looking for a long-term investment, it’s smarter to go with brands that have proven reliability and strong support networks... because the cheap can come out quite expensive (when they're heavily discounted for a reason). Personally, I'm a big fan of the Hyundai Kona, but... drive what works for you!
