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0.000332336324360265 0.000664672648720373 0.00276946936966877 -0.000221557549573615 0.0013293452974409 0.00332336324360249 0.00466378641852212 0.00299102691924223
Stock impact report

EV maker slashes prices as it tries to avoid bankruptcy [FOX Business Network]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
California-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through. The manufacturer's suggested retail price for the 2023 Ocean electric SUV lineup in the U.S., which is equipped with Fisker's 2024 Ocean OS software version 2.0, fell by tens of thousands of dollars. Fisker lowered the MSRP for the 2023 Ocean Extreme trim from $61,499 to $37,499, the company said Wednesday. The 2023 Ultra trim will be priced at $34,999, down from $52,999, and the 2023 Sport will be priced at $24,999, down from $38,999, according to the automaker. The company said some of its Ocean vehicles have as much as $7,000 worth of additional options that are included in the discounted prices, which will take effect on Friday. Fisker said in a statement that it "is strategically positioning the all-electric Ocean SUV to be a more affordable and compelling EV choice, competitively availabl Show less Read more
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