Quote:
Originally Posted by adc
You've never had any investors if you're a lawyer. You've never had a magnificent vision, didnt follow through against all odds, to establish a brand new manufacturing concern of incredible complexity.
From the safety of routine and following a well trodden path, it becomes very easy to criticize those who dare to dream, and fail.
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You have no idea whether I've had investors or not. But we all know that Fisker has run two failed companies, taken hundreds of millions of dollars of taxpayer money and flushed it away, and has lost tens of millions more for his credulous investors. He's actually made Bricklin and DeLorean look like Henry Ford. As I mentioned before, since he left Aston Martin the only thing he's done well is to raise money, pay himself handsomely, and lose everyone else's investment. I wouldn't call that a "magnificent vision." I'd call it close to securities fraud.
The Karma was a disaster when Fisker decided it had to weigh as much as a Cadillac Escalade and needed a large ICE to power the batteries. It was a flawed concept but he didn't pull the plug on it because he wanted to remain employed as long as he could.
While Fisker designed the lines of cars well, he was a failure at running a car company. And his first effort, to re-skin Mercedes SLs and BMW 6 series, demonstrated that he didn't know how to run a company. So he persisted. And brought in investors who were blinded by nice lines rather than paying attention to an incompetent manager.