Henrik Fisker And Wife Reduce Salaries To $1 To Assist With Company’s Bankruptcy

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Fisker,Fisker Ocean,USA

Fisker is currently trying to replace the faulty water pumps on every Ocean produced

The couple previously had each received $710,000 in cash bonuses. Fisker plans to sell its remaining inventory of Ocean SUVs to New York-based American Lease. All Fisker Ocean models must be repaired due to a water pump fault. Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to just $1 to ensure enough funding for the company’s ongoing bankruptcy proceedings. Earlier this month, a lawyer for the office of the U.S.

As part of the bankruptcy proceedings, Fisker plans to sell its remaining inventory of 3,231 Ocean SUVs to New York-based American Lease in a deal worth $46.3 million. The leasing company had originally agreed to buy 2,100 Oceans but later increased this order to 3,231. However, Fisker won’t simply be able to dump these EVs on American Lease and call it a day.

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