Fisker Trading Suspended by NYSE

https://techcrunch.com/2024/03/25/fisker-trading-suspended-by-nyse/

by mfiguiere • 2 years ago

43 9 2 years ago

Pseudocrat• 2 years ago

I'm steeped in bias on this one, but overall this is not a surprise. The stock has been trading sub $1 for a while and there has been very little positive coverage of the company in recent months.

The only deal they had in the works was speculated to be with Nissan and that fell through. Although a successful deal with Nissan would've made me even less optimistic after reading about their mandate to cut new build costs by 30%.

alphabettsy• 2 years ago

Seemed like a promising first EV, but seems maybe things were a bit premature. They needed to knock it out of the park.

sdflhasjd• 2 years ago

Another SPAC bites the dust, why these aren't banned will remain a mystery...

cguess• 2 years ago

I honestly mistook it for the scissors company at first and was extremely confused.

SebFender• 2 years ago

You just made my morning. Cheers.

datavirtue• 2 years ago

Do they have any IP they could sell to a company like GM that is struggling to hit production/quality goals? Or is Fiskar a scam?

z3ncyberpunk• 2 years ago

Always was. Fisker got its start by stealing the original design for Tesla

ProllyInfamous• 2 years ago

...not really.

The original Fisker "EV" was in fact a turbocharged 4-stroke which used "train locomotion"-style onboard direct-generation via ICE to electric drivetrain/propulsion.

I have been passenger inside of one, and everything else about the vehicle (including "solar roof" ha ha ha) was an absolute afterthought (e.g. horrible ergonomics).

DoesntMatter22• 2 years ago

What's funny is the letter Fisker wrote to its employees to be on the lookout for MKBHD and avoid him.

Probably better to make better cars than to stop people from reviewing them.

Fisker Trading Suspended by NYSE

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