As bankruptcy looms for the financially strapped luxury automaker, it is not surprising that the firm missed a scheduled loan payment on its $192 million federal loan.
The firm has tried to raise new funding to no avail since last summer. Henrik Fisker, the cofounder of the company, resigned last month.
The federal loan money received by Fisker was part of a government program to loan car companies money to help them build more fuel efficient products. Fisker executives have been called to Washington for a Thursday hearing, where they will be grilled on how they used that loan money.