Newsmax: Another EV Startup Bites the DustNewsmax:

In the ever-expanding graveyard of electric vehicle startups, a familiar name has kicked the bucket: Fisker. This isn’t the first time the brainchild of automotive designer Henrik Fisker has flamed out. Like a phoenix attempting to rise from its ashes, only to crash and burn again, Fisker’s latest iteration has filed for bankruptcy protection, putting its assets up for sale and restructuring its mounting debt.

Let’s be brutally honest here: did we predict Fisker’s demise? Absolutely. But we’re not gleefully dancing on their grave – well, maybe a little. The reality is, Fisker was an unnatural entity, much like many other EV companies that have failed. They wouldn’t have existed without the government’s generous subsidies, essentially propping up businesses that the free market had no intention of supporting.

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