# Did Fisker financial problems start to emerge in 2010?
**URL:** https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362
**Category:** EV Small Talk
**Created:** [April 24, 2013, 3:00am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362 "2013-04-24T03:00:22Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@Editor](https://community.electricforum.com/u/Editor)
#### Post date: [April 24, 2013, 3:00am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362/1 "2013-04-24T03:00:22Z")
The US government is under severe pressure today with the discovery of documents which seem to suggest that the authorities were aware of potential financial problems with electric car manufacturer Fisker as far back as 2010. While the $529 million government loan was frozen in June 2011, 12 months after initial financial problems seemed to emerge, a total of $192 million had already been drawn down from the arrangement.
Was the US government slow to react to signs of potential problems at Fisker?
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### Author:  [@Adam](https://community.electricforum.com/u/Adam)
#### Post date: [April 24, 2013, 7:18am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362/2 "2013-04-24T07:18:17Z")
[QUOTE=Editor;15178]Was the US government slow to react to signs of potential problems at Fisker?[/QUOTE]
The US Government reacts slow to everything!
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### Author:  [@Editor](https://community.electricforum.com/u/Editor)
#### Post date: [April 24, 2013, 9:25am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362/3 "2013-04-24T09:25:27Z")
Hi Adam
Perhaps the biggest concern is that the US government will “throw the baby out with the bathwater” and reduce funding for other electric car companies which are financially stable with good prospects.
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### Author:  [@Adam](https://community.electricforum.com/u/Adam)
#### Post date: [April 29, 2013, 9:39am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362/4 "2013-04-29T09:39:49Z")
I doubt Fisker’s downfall will stop federal money going into green companies, but you never know.
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### Author:  [@Editor](https://community.electricforum.com/u/Editor)
#### Post date: [April 29, 2013, 9:41am UTC](https://community.electricforum.com/t/did-fisker-financial-problems-start-to-emerge-in-2010/3362/5 "2013-04-29T09:41:13Z")
It shouldnt Adam but the first impression that it might cost the government votes in the future and they will slam the doors down. Politics is a very controversial arena!