Electric car maker Fisker begins the usual “painful public death” process.

By: Moe Lane (Diary)  |  April 5th at 02:00 PM  | 

Meet yet another of thank-God-he’s-former Energy Secretary Dr. Steven Chu’s bad calls with your tax money: Struggling carmaker Fisker Automotive laid off 160 employees, most of its staff, Friday as it struggles to reach a financing deal that would save the maker of the Karma hybrid sports car. The Anaheim company dismissed all but a core group of about 40 workers needed to keep the | Read More »

Karma’s a Botch.

By: Steve Maley (Diary)  |  October 24th at 01:00 PM  | 

Last week, we heard about the Fisker Karma, the new electric vehicle being built in Finland using a $529 million loan from U.S. taxpayers. Beneficiaries of this deal include one Albert Gore, partner in the “green” venture capital firm Kleiner Perkins Caufield & Byers. Now Forbes contributor Warren Meyer weighs in with an analysis of the Karma’s true energy efficiency, rate in miles-per-gallon equivalent according | Read More »