Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue. The buyer, a New York-area leasing company called American Lease, says in a new filing that Fisker now believes there is no […]
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Palantir now owns 8.7% of struggling electric vehicle startup Faraday Future, according to a new filing with the U.S. Securities and Exchange Commission. The data-mining company was granted more than 800,000 shares in the EV startup on October 2 “as payment for certain outstanding receivables” — the equivalent of roughly $2.4 million judging by Faraday […]
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Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator. The SEC says in the filing it has sent multiple subpoenas to Fisker as part of the investigation, and that it may send more. The agency does not say what the investigation […]
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When Also Capital managing partner Mike Annunziata walks around New York City these days, he sees lots of vans — and opportunity. It’s something he admits he never noticed until he met former SpaceX engineer Sam Shapiro, who is the founder of a new Detroit-based modular electric RV startup called Grounded. Sometimes, Annunziata told TechCrunch, […]
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