Fisker had some issues with Karmas and spontaneous combustion, as of late, and even mentioning the word “Fire” in Fisker’s home office is likely an offense likely worthy of firing. Wait, but you can’t say “Firing” either, so how about “Termination.” Reports out of New Jersey of Karmas catching fire following Hurricane Sandy couldn’t have possibly come at a worse time.

According to the reports, a group of Fisker Karmas->ke3016 were sitting at port in New Jersey when seawater submerged them. A short time after their submersion, 16 of the stored Karmas burst into flames. From the images we are seeing, they are total losses and we will likely never know the precise cause, but Fisker->ke1074 is diligently investigating the situation.

One thing is for sure here, this will likely not have anything to do with a flaw in the Karma's design. It’s likely no more Fisker’s fault than a blow dryer’s fault for you getting electrocuted while drying your hair in the bathtub. It’s simple: deep water + electronics = “zap” and “boom.” This is multiplied when you add in the corrosive salt in the ocean and the fact that these cars were likely submerged for a long time.

We are more concerned with whether these cars were already sold to customers or if they were just dealership stock. Plus, with the financial eggshells that all startups walk on, we are concerned with how losing this large of a percentage of Karmas produced will affect Fisker’s 2012 and 2013 outlook.

We’ve reached out to Fisker to try to get a better grasp on the situation. We’ll pass any information we get along to you.

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