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Tesla Fires Back At Hostile Proxy Advisory Firms, Rivian's 'Messy' Q2 Warning, Faraday Future Stock Deflates And More: Biggest EV Stories Of The Week
Saturday, June 1, 2024 - 11:03am | 1300Electric-vehicle shares finished the week ending on May 31 on a mixed note, with market leader Tesla, Inc. (NASDAQ:TSLA) recording modest losses. The lackluster market mood amid the release of some weak economic readings contributed to some of the weakness. Here are the key events that happened in...
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Cash-Strapped Fisker's CEO Lists Luxurious Hollywood Mansion For More Than Company's Worth As Bankruptcy Looms
Thursday, May 2, 2024 - 2:36am | 526Beleaguered EV maker Fisker Inc‘s (OTC:FSRN) CEO Henrik Fisker has put his Hollywood home on the market for an amount surpassing his EV company’s current market cap. What Happened: As per a real estate listing, the house in Los Angeles has 11,800 square feet of living space, 6 beds, 8...
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Fisker Initiates Fresh Round Of Layoffs To Preserve Cash Amid Bankruptcy Fears
Wednesday, May 1, 2024 - 10:54am | 506Beleaguered EV maker Fisker Inc. (OTC:FSRN) has reportedly initiated a new round of layoffs amid fears of impending bankruptcy. What Happened: The electric vehicle (EV) startup’s CEO, Henrik Fisker, informed employees of the decision in an internal email, reported TechCrunch. The company is...
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Fisker Q4 Earnings Preview: Analyst Estimates, Dealer Model And Guidance In Focus
Wednesday, February 28, 2024 - 5:42pm | 798Electric vehicle (EV) company Fisker Inc (NYSE:FSR) reports fourth-quarter financial results after market close Thursday. Here is a look at key analyst estimates for the company and key items to watch in the earnings report. Earnings Estimates: Analysts expect Fisker to post fourth-quarter revenue...
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Fisker Chairman, CEO Henrik Fisker Releases A Statement About The EV Company: The Details
Wednesday, December 6, 2023 - 7:03pm | 284Fisker Inc. (NYSE: FSR) announced Wednesday after the close of the market that Chairman and CEO Henrik Fisker issued a statement. Here is what to know. The Details: In his statement on Wednesday, Fisker described negative reports about the company as "overblown," going on to...
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Price Cut Strategy On High-End Trim Of Fisker Ocean Is Working, Says Fisker CEO
Tuesday, November 14, 2023 - 4:45am | 425California-based EV maker Fisker Inc (NYSE:FSR) reflected on their price adjustments in the recent past during the company’s third-quarter earnings call on Monday. What Happened: “We also have changed our price strategy both in Europe, U.S and Canada, and it’s working,” ...
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Biden Backs Unionization At Tesla, Lucid's Dismal Quarter, Fisker Scouting Manufacturing Partners And More: Biggest EV Stories Of The Week
Saturday, November 11, 2023 - 11:28am | 1308Electric vehicle stocks came under selling pressure in the week that ended on Nov. 11 as the broader market weakness triggered some profit-taking. Lucid Group, Inc. (NASDAQ:LCID) did not help matters any further by reporting a disappointing quarter. Here are the key events that happened in the EV...
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Fisker Announces Ocean SUV Price Adjustments – Here's What's Changing
Tuesday, October 24, 2023 - 12:24am | 471California-based EV maker Fisker Inc (NYSE:FSR) on Monday cut prices on the high-end trim of its Ocean SUV in the U.S., while simultaneously raising prices on its Ocean Ultra and Sport trims. What Happened: The Ocean Extreme trim is now priced at $7,500 less at $61,499. Customers who have...
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Elon Musk Taunted Henrik Fisker Over Something That Happened To Tesla 15 Years Ago: 'Karma Is A ...'
Sunday, October 22, 2023 - 12:14am | 608Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has thrown more fuel on his fiery rivalry with Fisker Inc (NYSE: FSR) CEO Henrik Fisker. What Happened: According to a Teslarati report, DeLorean executives were being sued by Karma last year for pursuing a separate venture. In...
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Fisker To Open Shanghai Lounge, Gears Up For Deliveries In World's Largest Auto Market
Friday, October 13, 2023 - 1:38am | 317California-based EV maker Fisker Inc (NYSE:FSR) said on Thursday that it expects to officially open a lounge in China in December 2023 or January 2024. What Happened: The lounge will be located on Taicang Road in Shanghai, the company said, where consumers can get a closer look at its vehicles....
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Tesla Rival Fisker Shows Off 4 Upcoming EVs, Including A Mini Cybertruck Challenger, At 1st Product Vision Day
Friday, August 4, 2023 - 4:12am | 1223Fisker, Inc. (NYSE:FSR), which has taken baby steps into the world of commercialization, has charted an ambitious product roadmap. The Los Angeles, California-based company showcased its future vehicles at its "Product Vision Day" held in Huntington Beach, California. What Happened: The electric...
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Fisker Joins Tesla, BYD In Battle For Slice Of India's EV Market Pie
Tuesday, July 18, 2023 - 1:15am | 718California-based EV maker Fisker Inc (NYSE:FSR) said on Monday that it will produce 100 all-electric SUVs for the third-largest automotive market in the world, India. The move comes on the heels of rivals Tesla Inc (NASDAQ:TSLA) and Warren Buffett-backed BYD Co (OTC:BYDDY) (OTC:BYDDF) trying to...
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Fisker To Reveal Its 'Sexiest Car' Yet With A 600-Mile Range In August
Wednesday, July 5, 2023 - 5:25am | 559Fisker Inc (NYSE:FSR) CEO Henrik Fisker took to Instagram on Tuesday to tease its third vehicle, Ronin, named after the film of the same title. What Happened: The CEO posted a picture of a hot red car and said that the all-electric sport grand tourer vehicle will be revealed on Aug. 3. The car can...
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Fisker CEO: New EV Model 'Will Be Radical,' But More Expensive And Delayed To 2025
Thursday, May 11, 2023 - 12:41pm | 898Electric vehicle (EV) company Fisker Inc (NYSE: FSR) expected the recent launch of its sustainable SUV to boost its share price, which has fallen 25% in the last year. However, a reported delay of its follow-up model — the Fisker Pear — could spell trouble. What Happened: The Pear...
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Fisker CEO Says Most EVs Still Cost Same As 2 Years Ago Amid Tesla Price War: 'Same People Announced Incredible Increases'
Wednesday, May 10, 2023 - 7:59am | 561California headquartered automotive company Fisker Inc‘s (NYSE:FSR) CEO Henrik Fisker addressed the issue of price cuts on the company’s first-quarter earnings call on Tuesday. What Happened: Fisker is not really worried about pricing as it is still cheaper than competition, the CEO...