Fisker stock imploded on Monday, declining by 28% to a record low before trading was halted. The NYSE said Fisker stock would be delisted as it failed to shake its penny-stock status. Fisker's ...
The news sent shares tumbling 28%. They closed at 9 cents apiece. Later in the day, Fisker announced that the New York Stock ...
as CEO Henry Fisker warned of “another difficult year.” Those assurances failed to cut any ice with markets, and FSR stock fell to an all-time low of 38 cents on Friday before recovering ...
May 31 — The road to Fisker’s ultimate ruin may have started and ended with its flawed Ocean SUV, which was riddled with mechanical and software problems. But it was paved with hubris, power struggles ...
The Department of Energy sold its Fisker assets to Hybrid Tech Holdings LLC for $25 million, at a reported $139-million loss. Other reports say the DOE invested $192 million in Fisker, and only ...
But due to Fisker’s financial difficulties, at the time of writing the company is currently trying to clear its inventory to keep afloat, so has heavily discounted cars currently in stock.
The next Popemobile. Over the past eight years, famed vehicle designer Henrik Fisker suggested his electric vehicle startup would deliver on all of these promises. None came true. Instead ...
The EV start-up abandons its financial guidance for 2024, and the company says it’s continuing to look at strategic alternatives.
Tesla’s partnership with CATL is welcome as it copes with intensifying competition among EV makers, which has led to price cuts and lower profitability.
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the ...