Fisker faces a significant setback as over 40,000 reservations for its electric Ocean crossover have reportedly been canceled amidst ongoing financial turmoil, according to recent revelations. Leaked data suggests that the company is witnessing between 70 and 80 cancellations per day on average, signaling a drastic decline in consumer confidence. This development compounds Fisker’s financial challenges, leading to a sharp drop in sales forecasts and revenue projections. The company now faces the daunting task of reimbursing depositors, further straining its precarious financial situation.
