The Troubles of Fisker: What’s Going On?

Recently, the up-and-coming automaker Fisker has found itself in a tough spot. Talks with a major automaker for a potential deal have fallen through, leading to a halt in trading of Fisker’s shares on the stock market.

Financial Woes

Last year, Fisker reported a loss of nearly half a billion dollars, adding to the company’s financial struggles. This has left Fisker with limited options as they navigate their current situation.

What’s Next for Fisker?

With trading of their shares halted and talks with a potential partner at a standstill, Fisker is facing uncertainty about their future. The automaker will need to regroup and explore new avenues to stay afloat in the competitive automotive industry.

For more information on Fisker’s current predicament, you can read more here.