FREDERIC J. BROWN
- Fisker has faced a wave of reservation cancellations, according to internal data viewed by BI.
- Reservation cancellations for the Fisker Ocean recently topped 40,000. Preorders began in late 2019.
- Fisker recently paused production of its EV and dropped its price by 39%.
Tens of thousands of Fisker customers have canceled their vehicle reservations, according to leaked data obtained by Business Insider, as the electric car company scrambles to find additional financing and a potential bankruptcy filing looms over its operations.