All NEW Investors: Your gift matched $ for $ this week! GIVE NOW

Tesla vs. Fisker: Why some electric carmakers break down and others don’t

Molly Wood Apr 12, 2013
HTML EMBED:
COPY

Tesla vs. Fisker: Why some electric carmakers break down and others don’t

Molly Wood Apr 12, 2013
HTML EMBED:
COPY

The electric car company Fisker Automotive has laid off three quarters of its employees and reports suggest a bankruptcy filing is near. The Fisker Karma sports car can toggle between electric and gasoline-assisted power, but the company hasn’t made one since last summer. Fisker’s financial troubles are especially controversial because the company received federal subsidies, money that — in retrospect — doesn’t seem well spent to some.

Slate tech writer Will Oremus joins Marketplace Tech host David Brancaccio to discuss Fisker and why its different from Tesla Motors.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.