Peter Einstein 5pts From what I can figure out (having followed the situation very closely), the DoE pushed Fisker to make those highly aggressive projections -- and when minor supply chain issues arose (which were to be expected when developing and integrating such new technology) and the EPA delayed the Karma's certification by perhaps 6 months, Fisker missed some of its milestones. The DoE (under political pressure) then froze the the other $308 million, totally screwing up all their plans -- and everything went downhill from there. (By the way, the $21 million the DoE seized was NOT part of the proceeds of the loan. It came from Fisker's investors). Could they have ever sold anything close to 100,000 cars? Probably not...But since the vast majority of the projected were to be the $55,000 Atlantic -- which is just as beautiful as the Karma -- it's not entirely impossible that they could have sold will over 50,000. And that would have made them tremendously successful.