There’s no question that if you wanted an electric car, the Fisker Karma was the one to ask Santa for. It’s the sleek electric sports car driven by greenie celebrities like Leonardo DiCaprio. And why not dream of one, since nearly $200 million of your taxes subsidized it -- even though the jobs building them went to Finland, not America. Fisker’s been cursed with bad karma ever since. Consumer Reports couldn’t get their test car to start. And there was a recall after two of them caught fire.

But this week could be the worst yet for Fisker. They use batteries made by A123 Systems, a company that got a federal grant of nearly three-quarters of a billion dollars and just went bankrupt. Now, we discover that on a Fisker Karma, even a flooded engine can spell disaster. And I mean flooded with water. Sixteen Fisker Karmas in Port Newark were hit by saltwater from Hurricane Sandy’s storm surge. They caught on fire – and exploded. Since they cost over a hundred grand each, that’s a loss of over $1.6 million. Fisker says they’re investigating the cause of the explosions. In the meantime, don’t expect sales to boom anywhere near the sea shore.

Comments 1-5 of 11

  • Thomas Brophy III

    11/05/2012 03:44 PM

    All I can think of is what it's like 'throwing good money after bad', or Einstein's 'definition of insanity'. When it becomes more profitable to manufacture 'green' products they'll become widespread. People resent the Government's social engineering. My choice,leave me alone!

  • Catherine McIntyre

    11/05/2012 02:02 PM

    I will look for the full story in the NY Times - or Washington Post - and maybe see the video on MSNBC or CNN - that must be where YOU found this story, right?

    Thanks for telling the truth no one else will-

  • Dean Zawacki

    11/05/2012 01:33 PM

    Sales won't be booming as long as the cars are.

  • Buster McGregor

    11/05/2012 12:39 PM

    Why doesn't CNN and other news media report on these good or bad government spending sprees so the people of America can decide if our leaders are doing the best or worst for our country????

  • Donna Warner

    11/05/2012 12:21 PM

    What a waste of taxpayers money. Those damn car cost so much that a regular person can't afford them, even if we wanted one. When you live out in the country, you might not even make it to town before they run out of power. Just more "waste" on the government's part!

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