Fisker is on shaky ground, and while it might have a few interested buyers, nothing is certain, and things could go sideways at any time. Company founder and designer Henrik Fisker appears to be preparing for the worst, as he and his wife recently listed their Los Angeles residence for $35 million, more than the automaker is currently worth.
When the New York Stock Exchange suspended trading, the company's valuation was just under $34 million, a pittance for any automaker, but Fisker’s L.A. mansion is no joke. He and his wife purchased the home in 2021 for $21.8 million, making the new listing price a significant increase. But if $35 million is too much, you can also rent the property for $125,000 a month.
Los Angeles real estate is a different world than most of us are used to, so that eye-popping price might not deter potential buyers. The 11,800-square-foot home has expansive views of Downtown L.A. and the ocean, and it features six bedrooms, eight bathrooms, and a three-car garage with a 20-foot ceiling.
Fisker’s only production vehicle, the Ocean, received a fair number of poor reviews and warnings to buyers that it had a range of inexcusable issues. It’s now on sale for under $30,000 in some configurations, less than half of what early buyers paid, though the SUV is still a considerable risk as the company tries to avoid shutting its doors for good.
[Image: Fisker]
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via Autobuzz Today
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