As Fisker leaves his company, he buys brand-new Karma plug-in hybrid
Mr. Fisker, who co-founded Fisker in 2004, also tells the publication that his resignation was the "most difficult decision I've ever made." Fisker stepped down as the company's CEO in February 2012 and offered few specifics on why he left completely last week, saying only that his departure was about "business strategy."
Fisker's exit only increases the number of questions surrounding the company, which is now headed by ex-General Motors executive and former Chevrolet Volt team leader Tony Posawatz. Fisker and Posawatz were said to have disagreed over financing issues, as the co-founder believed the company was well-capitalized enough to continue while Posawatz was interested in getting more funding before proceeding with more work on the Atlantic. One possible source of funds would be getting Fisker access to the approximately $337 million of the US government credit line that it was approved for but was then frozen because of missed quotas, the Detroit Bureau reports.
China-based Geely is holding off on making an offer for the California-based automaker, and the Detroit Bureau, citing people it didn't identify, now says that Dongfeng may be backing off as well. Fisker, the company, said in a statement last week that it "has a strong and experienced management team and its strategy has not changed."
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