Hyperdrive

Fisker Failed Because It Botched Virtually Every Task It Took On

Rather than take ownership of its mistakes, the startup blamed its bankruptcy on headwinds in the electric-vehicle market.

The Fisker Ocean electric sport utility vehicle.

Photographer: Mario Tama/Getty Images North America

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Fisker marked the beginning of the end of its existence as a business by doing what customers had come to expect: it issued a faulty product.