Sure Looks Like Karma Is Heading For Chapter 11 Bankruptcy

You may recall the last time we talked about Karma, the company that was started to keep building and trying to sell the old striking-looking but kinda crappy Fisker Karma, they weren’t doing so hot. There were layoffs, accusations of poor management, and prototypes that were allegedly just “movie props.” It does not seem like things have been getting better, as multiple sources inside the company have revealed
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MDarringer - 6/24/2020 10:47:14 AM

-1 Boost

Rivian is also staggering.

supermoto - 6/24/2020 12:21:11 PM

0 Boost

At least Rivian has the backing of Amazon, which has ordered 100k trucks and invested $700m so far. If Amazon wants Rivian to stay in business, it will.