Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration.
One of the market's most troubled electric vehicle (EV) stocks simply can't catch a break. Fisker (OTCMKTS: FSRN ) has spent the past six months bleeding out almost all of its value.
An autonomous pod. A solid-state battery-powered sports car.
In a clear last-ditch effort to remain afloat, Fisker (OTCMKTS: FSRN ) is significantly reducing its workforce. The struggling electric vehicle (EV) startup just informed hundreds of workers that their jobs have been eliminated as of Wednesday, May 29.
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy.
Fisker (OTCMKTS: FSRN ) has had an extremely unfortunate year. The electric vehicle (EV) company has made several noteworthy announcements during the past few months, although almost none of them have been positive.
Fisker initiated another round of layoffs on Wednesday, multiple sources told Business Insider. The company has gone through a series of cuts and warned it might go out of business.
Fisker (OTCMKTS: FSRN ) is up more than 1% today but the company has reported even more news that should be concerning for investors. Amid recent months of struggling, the electric vehicle (EV) company has implemented multiple production halts.
Fisker (OTCMKTS: FSRN ) stock is in the news Wednesday as the electric vehicle (EV) maker continues to deal with problems amid recent financial struggles. The latest bad news for investors in Fisker stock is the company announcing an end to its roadside assistance services.
How much stress can one company put its investors through? For months, investors have been considering that question as they watch the rollercoaster ride that is Fisker (OTCMKTS: FSRN ) stock.
This Roaring Kitty rally may not be a long-term fix for Fisker (OTCMKTS: FSRN ) but it is certainly helping. To say that the electric vehicle (EV) startup is struggling would be an understatement.