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Fisker tells employees that 4 automakers are in talks to buy the struggling startup

Henrik Fisker
Henrik Fisker held an all-hands with Fisker employees on Thursday. Getty/Jeff Fusco
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Fisker CEO Henrik Fisker told staff during an all-hands meeting on Thursday that the company was in talks with four automakers for a potential buyout, according to a recording of the event viewed by Business Insider.

"We still have some time to get other offers on Fisker," he told staff on Thursday. "We do have four car companies that have signed NDAs. However, they obviously need time to get to some diligence."

The company did not specify who the four automakers were or how long it may take for the companies to complete due diligence as they work toward a potential agreement.

A deal with a major automaker that was rumored to be Nissan fell through earlier this year. The CEO told his staff on Thursday that the company has been working with Deutsche Bank to find a buyer. One offer to buy the company hadn't been "sufficient," he said, according to the recording.

The all-hands meeting comes two days after Fisker warned investors it could seek bankruptcy protection within 30 days if it could not shore up more liquidity. The company said in the regulatory filing that it had just $54 million in cash equivalencies as of April 16 and "believes that its available liquidity will not be sufficient to meet its current obligations."

A spokesperson for Fisker declined to comment.

Do you work for Fisker or have a tip? Reach out to the reporter via a non-work email and device at gkay@bjinnox.com

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Grace Kay
Grace Kay was a Correspondent on Business Insider’s enterprise desk, where she covered the inner workings of Tesla, Elon Musk’s AI startup, xAI, and the broader robotics and electric vehicle industries.Her stories have been cited by multiple publications, including Reuters, Bloomberg, and CNBC. Before joining Business Insider, she worked at Bloomberg and Forbes.Tesla: Inside 'Project Rodeo,' the Tesla effort pushing the limits of self-driving technologyInternal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grantsTesla tells staff it plans to roll out its Robotaxi service in San Francisco this weekendTesla has been working on modified Model Ys for its Robotaxi programTesla prioritizes Musk's and other 'VIP' drivers' data to train self-driving softwareAshok Elluswamy is the most powerful Tesla executive you've never heard ofxAI:Internal documents reveal how Elon Musk's xAI trains Grok to be the anti-woke chatbotXAI's Macrohard project stalls as Tesla ramps up a similar AI agent effortElon Musk's xAI plans to supply computing power to coding startup CursorWar rooms, group chats, and video games: Inside Elon Musk's AI startupBehind Grok's 'sexy' settings, workers review explicit and disturbing contentElon Musk's xAI lays off hundreds of workers tasked with training GrokEVs and robots:Fisker employees are fixing some customers' cars with parts from the company's vehicle 'graveyard,' sources sayFisker Ocean reservation cancellations top 40,000 as the EV company tries to fight off bankruptcy, leaked data showsInside the downfall of Henrik Fisker's second automotive startup, which just filed for bankruptcyInside the glass-walled Tesla lab where workers train the Optimus robot to act like a humanInside OpenAI's renewed push into robotics