Fisker’s Government Loan Is Being Auctioned

Posted Oct 11, 2013

The Department of Energy gave bankrupt electric car company Fisker $192 million to build their cars and a factory.  The Energy Department will look at bids today to sell off the remainder of the loan to Fisker.  Bidders have offered at least $30 million with 10% down, according to Reuters.  Fisker was worth $2 billion at one point.