Fisker Inc

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Fisker, Inc. engages in building a technology-enabled automotive business model, which involves vehicle development, customer experience, and sales and service. It also designs, develops, and manufactures eco-friendly electric vehicles. The company was founded by Henrik Fisker and Geeta Gupta-Fisker in 2016 is headquartered in Manhattan Beach, CA.

Fisker's (OTCMKTS: FSRN ) headquarters in Manhattan Beach, California will soon shut down, according to Business Insider and three Fisker sources. Last month, the struggling maker of the Ocean SUV informed its Manhattan Beach employees that they would be moved to another Fisker location roughly 25 miles away in La Palma, California.

Fisker Stock Alert: Fisker Is Closing Its California Headquarters

Downtrodden electric vehicle (EV) maker Fisker (OTCMKTS: FSRN ) announced Tuesday that it will file for a restructuring under the Austria Insolvency Code. Predictably, Fisker stock is down on the news, in the red by about 13% as of this writing.

Fisker Stock Alert: Fisker Austria Begins Insolvency Proceedings

Fisker's Austrian unit filed for bankruptcy protection on Tuesday as the cash-strapped EV startup looks for strategic options after talks with a major automaker for a potential investment collapsed.

Fisker's Austria unit begins insolvency proceedings

Fisker is closing down its Manhattan Beach headquarters, three sources told Business Insider. The company has warned multiple times it might run out of money and could file for bankruptcy.

Fisker is closing its Manhattan Beach headquarters, employees say

A lawsuit says Fisker failed to pay engineers who helped build its Pear and Alaska vehicles. In a statement to BI, the EV company said the claims are "without merit.

Fisker's problems keep piling up

On March 18, Fisker (OTCMKTS: FSRN ) announced that it would pause production of its Ocean SUV for six weeks to reduce inventory while it reviews its financing and strategic objectives. As of then, its inventory totaled approximately 4,700 vehicles, worth over $200 million based on company estimates.

Fisker Stock: Magna Says Production of Ocean SUVs Is ‘Idle'

Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker's entry into the red-hot pickup truck market.

Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims

At the beginning of the year, Fisker (OTCMKTS: FSRN ) announced that it would transition to a dealer partnership model, adding that it expected to have 100 of these partners across North America and Europe by the end of the year. Since then, Fisker has been removed from the New York Stock Exchange (NYSE), experienced a 95% decline and has drastically reduced the prices of its Ocean vehicles.

Fisker Stock Alert: Fisker Announces 6 New Dealership Locations

LOS ANGELES--(BUSINESS WIRE)-- #EVs--Fisker Inc. (“Fisker”), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that the company has added six new locations, having signed three new dealer partner locations in California, and three more locations in the US and US territories. In California, Lumin Fisker in Sacramento and LA Fisker and West Covina Fisker, both in Los Angeles County, have joined Fisker's growing Dealer Partnership roster. Fisker h.

Fisker Adds Six New Locations: Three New Dealer Partner Locations in California, and New Locations in Missouri, Pennsylvania, and Guam

Fisker customers are worried about how a potential bankruptcy could impact service needs. Some Fisker owners probably wish they had leased over buying.

Fisker's woes are another reason to consider leasing an EV over buying

Fisker employees are using parts from pre-production vehicles and inventory to fix some customers' cars, eight sources said. The practice has been ongoing since Fisker began deliveries in June 2023, some sources say.

Fisker employees are fixing some customers' cars with parts from the company's vehicle 'graveyard,' sources say

The turbulence at Fisker (OTCMKTS: FSRN ) just isn't slowing down. Last week, investors were relieved when the company reported that it was discussing potential buyers.

Fisker Stock: Struggling EV Maker Tells Employees to Brace for More Job Cuts

Fisker warned staff it might lay them off in two months if efforts to course correct fail. The company said its exploring restructuring alternatives and potential sale discussions.

Read the email Fisker sent to staff warning of layoffs if the company can't correct course

Fisker warned staff of potential layoffs in the next two months, according to 3 employees and an email viewed by BI. The company is exploring options, including prospective buyers and restructuring.

Fisker warns staff they could get laid off in 2 months

EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email viewed by TechCrunch.

Fisker starts new round of layoffs to ‘preserve cash'

Today, Fisker (OTCMKTS: FSRN ) is back in the green and finally, for a good reason. Recent reports indicate that the struggling electric vehicle (EV) startup may actually have a buyer.

Fisker Stock Alert: 4 Automakers Are in Talks to Buy Near-Bankruptcy Fisker

Fisker is in talks with four automakers for possible acquisition, according to CEO Henrik Fisker. Fisker's CEO held an all-hands with staff on Thursday.

Fisker tells employees that 4 automakers are in talks to buy the struggling startup

U.S. electric vehicle (EV) dumpster fire Fisker (OTCMKTS: FSRN ) announced Tuesday that it will require another round of layoffs as its cash dwindles, along with Fisker stock. What do you need to know about the Fisker layoffs?

Fisker Stock Alert: Fisker Braces for More Layoffs

Today, investors are asking an important question: Is Fisker (OTCMKTS: FSRN ) going bankrupt? After surging last week despite the threat of bankruptcy, Fisker stock is now in a race to the bottom.

Fisker Stock Alert: Fisker Is Prepping for Bankruptcy With 30-Day Countdown

Fisker says it's planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection within the next 30 days if it can't come up with that money, according to a U.S.

Fisker plans more layoffs as cash dwindles and bankruptcy looms

Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regulatory filing on Tuesday.

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

It's hard not to notice the fact that Fisker (OTCMKTS: FSRN ) stock has enjoyed a truly monumental week. The troubled electric vehicle (EV) producer has been on its last legs lately after being delisted from the New York Stock Exchange.

Why Fisker Stock Is Up 100% Over the Past 5 Trading Days

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Fisker (OTCMKTS: FSRN ) stock is still on a winning streak. However, the struggling electric vehicle (EV) producer is still trading well below $1 per share.

Fisker Stock: Dealers Remain Hopeful as Risks Pile Up for EV Startup

Fisker

Magna International

With electric vehicle (EV) startup Fisker (OTCMKTS: FSRN ) seemingly flirting with bankruptcy and Fisker stock trading around 6 cents, Wall Street is souring on its manufacturing partner, Magna International (NYSE: MGA ). Specifically, one investment bank just downgraded MGA stock yesterday.

News for Fisker Inc Stock (FSRN)