The big dogs are big for a reason. You're listening to Motley Full Money. I'm Mary Long joined today by Osset Sharma.

Osset, thank you for spending a part of your day with us on Motley Full Money.

Mary, it's always the best part of the day.

Thanks for having me.

Good part of the day for us, but not so much the case for some other companies.

Today we have two stories of unsuccessful, I'm gonna say.

The first is with the Electric Vehicle Company Fisker.

They filed for bankruptcy the pitch with

fixer was that it could emulate Tesla success and have a cheaper faster entry into the

auto industry and that it would do this largely by outsourcing its manufacturing.

The first vehicle called the Ocean SUV

ran for 360 miles on a single charge,

had a sweet design and a sticker price of under $40,000.

The car's rollout was not the smoothest,

but we'll get to that in a bit.

Finance is ultimately what hurt Fisker here.

The company raised a billion dollars

to launch operations, burned through almost all of its cash reserves, defaults on a debt with a key investor.

What's your initial reaction to this to all this?

Mary, you know, for me this just drives home that in the EV market either you need scale or you need

capital so either you need a huge amount of production capability in hand with with some demand behind that or you need a lot of money and you

know you need money to get scale. One billion dollars is my other thought that's a

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