Fisker Ocean price cuts prove magical as interest in $25,000 EV soars — a sign of things to come for Tesla Model 2

Fisker recently announced immense price cuts in what appears to be a last-ditch effort to stay afloat as stock prices crashed earlier this week. Despite the outlook seeming somewhat bleak for the electric vehicle company, it today revealed on social media that it has received an almost unbelievable influx of interest in its Ocean SUV line-up.

According to identical posts on Instagram and X (formerly Twitter), Fisker apologised to its customers for any delays that might happen while browsing the website or making calls for more information or assistance purchasing a Fisker Ocean.

We're thrilled to see the overwhelming enthusiasm for our products! Due to the extraordinary number of customers exploring our inventory (700 calls per second) and making purchases, you might experience a slight delay on our website.

Additionally, the company responded to concerns about its future and the future support any EVs sold as part of the new pricing strategy, reassuring buyers that it will continue to service its Ocean vehicles with its mobile service fleet and work on software development for the Fisker Ocean.

Despite the company's assurances, many in the comments on the post on X have pointed out that Fisker seems to be on the brink of collapse, warning potential buyers to steer clear of the tantalising deals. Automotive industry giant, Edmunds, even issued a stern warning in an article simply titled “Do not buy a new Fisker Ocean,” citing concerns about the company's spotty financials and the Ocean's overall incompleteness as reasons to avoid the EV, regardless of price.

Perhaps the most interesting part of this latest chapter in Fisker's story is its implications for cheap EVs, like the upcoming Tesla Model 2 and Ford's competing compact EV project, both of which are expected to land around 2025 for $25,000. If the demand for an electric SUV from what appears to be a dying company can skyrocket on the first day the EV is available for $25,000, there's a good chance the next generation of $25,000 EVs will tip the scales for electrification more than anything that came before.

The Fisker Ocean is currently receiving a 2.0 software update, which is expected to fix many of the incomplete features and bugs in Fisker's in-car software, but, recent signs suggest that Fisker may not be long for this world. How the next few months play out for Fisker remains to be seen, but this price cut and how fast the company can move what little inventory it has will undoubtedly be crucial to its success.

As an alternative to an expensive Fisker Ocean, check out the Super73 RX Electric Motorcycle at BestBuy.