In the early days of the company, Musk sued Fisker for breaching his contract. He accused the car designer he brought in to help style the Model S of being involved in a plot to launch a rival company. The billionaire CEO took a jab at Fisker, the new company that will produce electric SUVs.
In response to a story about some of its former executives being sued for leaving to work for another EV startup, Musk commented on his account. The assets of the former Fisker automotive were acquired by the Irvine, California-based company after the company's founder quit. The Revero is the main model.
It was ironic that Fisker did to the electric car company. Musk didn't give a reason for why karma is a thing.
A California court didn't rule in Musk's suit against Fisker, which accused him of developing his own rival model while he was doing body and interior design work for "White Star."
Fisker told Forbes that they won the fight.
Musk is a great person. He said he had a good time working with him. I have nothing to do with the car company.
The Ocean, Fisker Inc.'s first model, will be produced in Austria in November. The base price for the small SUV that will compete with the Model Y is $38,000. The startup said in August that it had more than $300 million in orders for the Ocean.
He told Forbes that they could build faster with the ocean than the Model S.
Adding to the confusion of Fisker's former and current companies, the new DeLorean is named for a famous car brand. It failed in 1982, but is still a cultural icon due to the use of a DeLorean sports car in the Back to the Future film series.
There was a 1.7% increase in the price of the shares of the company. Fisker increased to $8.10