[plugitin]

Again, we can't blame the DOE that Fisker missed its targets. Yes, they're buckling down after solyndra last fall, but let's not forget it was last SPRING that fisker stopped getting funds, and it was due to them missing targets, they need to stop passing blame.

Also, Fisker DESIGNS nice cars, they don't build electric powertrains or do battery research, so in the argument of the US keeping the IP in-country, then they'd be better off giving a123 money to continue developing batteries and quantum to continue to improve their hybrid drivetrain.

They're playing politics more than the government is.

Outsider - Do you really think the DoE is bothered that Fisker missed the numbers last year? Give me a break!

Here are the facts... Fisker may have missed a milestone, but the Gov't / DoE really wants to give them more money as they KNOW it would bring jobs to DE. However they won't risk the Obama re-election for it. I would bet the moment Obama wins over Mit, the DoE would tell Fisker to begin drawing on the $340 Million. The reality is FISKER can PROVID MORE JOBS that both AONE and QTWW. Fisker has raised a HELL of a lot more money than QTWW or AONE ever could. And THESE Jobs are about to go BYE BYE. The DoE is better of loaning Fisker the money. At this point FISKER is better off WITHOUT IT.

BTW - Fisker is the ONLY company that has a product on the road as a result of the EERE program.


If it we're me, I'd slap a FOR SALE sign on that Factory in DE and say " ??" to the DoE.

Let's move on....the 'world' wants their Karma's and Nina's.

 

[plugitin]

Correct me if I'm wrong, but didn't the flow of cash stop BEFORE the Solyndra scandal? If so, the idea that it was all about re election would seem less plausible at that point. I fact, didn't bright automotive just go under as well because the DoE hadn't approved their loans for years? It sounds like they're doing their job and vetting companies to me.

As for jobs, possibly, but without fisker proving it can do what they say, the jobs are a pipe dream anyway. How many times has the union workers in Delaware called fisker out for stringing them along?

If fisker can get Chinese funds I say they should go for it. I don't think there's much chance of them riding the "American made" wave any more. The brand is already seen as being barely American.

Kind of like Apple.
[hr]

Correct me if I'm wrong, but didn't the flow of cash stop BEFORE the Solyndra scandal? If so, the idea that it was all about re election would seem less plausible at that point. I fact, didn't bright automotive just go under as well because the DoE hadn't approved their loans for years? It sounds like they're doing their job and vetting companies to me.

As for jobs, possibly, but without fisker proving it can do what they say, the jobs are a pipe dream anyway. How many times has the union workers in Delaware called fisker out for stringing them along?

If fisker can get Chinese funds I say they should go for it. I don't think there's much chance of them riding the "American made" wave any more. The brand is already seen as being barely American.

DoE was aware Solyndra was going to file Ch 11 in May/June of 2011. It was public in late August. DoE owed Fisker $40 Million in PO in May/June 2011. I think the DoE asked Fisker to raise more money, which they did and then some, and the DoE sat on their hands.