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Posts Tagged ‘Fisker IPO’

The Race for the Fisker Karma - $200 million ‘pre-IPO’ financing

Thursday, August 25th, 2011

We’ve all seen at least one movie, TV show, or commercial in which a man in a hybrid car drives up alongside some sort of “muscle” car. The joke is that the earth friendly and fuel efficient hybrid is no match for the monster machine that gobbles down fuel and pumps out impressive horsepower. Things are beginning to change in ways that might make those jokes less amusing or even understandable. For example, Fisker Automotive has the Fisker Karma available, and this is a vehicle that looks like something straight out of a James Bond film, and with a lot of the same impressive power!

It is easy to illustrate the truth of that statement by revealing that Fisker Automotive recently indicated that it pre-sold 3,000 Fisker Karma units in advance of the release of the vehicle, and that this means that no further units will be available until some time in 2012. Continue reading “The Race for the Fisker Karma - $200 million ‘pre-IPO’ financing” »

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