Fisker founder cuts salary to $1 to cover bankruptcy costs
Briefly

In a filing to bankruptcy court, Fisker CEO Henrik Fisker and his wife voluntarily reduced their salaries to $1 to assist with essential expenses during the company's bankruptcy proceedings.
Fisker once valued at $8 billion, filed for bankruptcy, aiming to sell remaining inventory. Facing challenges with part shortages, Fisker is now offering unsold Oceans at an 80% discount.
Read at Business Insider
[
|
]