Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, will hold a dealer open house at its Manhattan Beach, California headquarters on Tuesday, January 30 and expects to announce commitments to Fisker’s new Dealer Partnership strategy. The company has signed up its first dealer, located in Europe. (Photo: Fisker Inc.)Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, will hold a dealer open house at its ...

Three straight days of share price declines came to an end for Fisker (FSR 7.00%) on Friday. Investors cheered news that the electric car start-up will attend next week's National Automobile Dealers Association (NADA) Show in Las Vegas -- and livestream an interview announcing its plans to set up a car dealer network -- setting up Fisker stock for an 4.5% run higher (through 2 p.m. ET).With Fisker stock selling for less than $0.80 a share -- down from a pandemic-era high of more than $28 per share -- invest ...

Three straight days of share price declines reversed for Fisker (FSR 5.34%) on Friday, after the electric car start-up announced it will be attending the National Automobile Dealers Association (NADA) Show in Las Vegas next week, and will there "share its plans" for setting up a car dealer network.Fisker shares rose 8.5% through noon ET in response to the news.What's Fisker up to now?Earlier this month, Fisker announced that it plans to shift from a Tesla-like direct sales model and instead develop a dealer ...

Fisker (NYSE:FSR) stock fans will want to mark their calendars for Feb. 1 as the company’s leaders plan to attend the National Automobile Dealers Association (NADA) show next week.According to a press release from Fisker, several of the company’s top executives will be at the event for a presentation. That includes founder and CEO Henrik Fisker, who will be interviewed by NADA senior vice president Jonathan Collegio during the show.Fisker intends to use its time at the show to go over its new strategy for t ...

Fisker Inc (NYSE: FSR) is in focus this morning after announcing plans of sharing its new strategy at an upcoming auto dealers convention.Fisker executives will attend NADACopy link to sectionTop executives of the electric vehicles company will attend the National Automobile Dealers Association show on February 2nd. The announcement arrives shortly after Fisker committed to shifting from direct sales to dealers. Henrik Fisker – its chief executive said in a press release today:As we execute our new Dealer P ...

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that several top executives, including Chairman and CEO Henrik Fisker, will attend the annual National Automobile Dealers Association Show in Las Vegas, held from Feb. 1-4, 2024. On Friday, Feb. 2 at 3:30 PM in the Las Vegas Convention Center’s West Hall concourse, Fisker will share the new Dealer Partnership strategy and company plans to scale and expand its retail and service network wi ...

Weak numbers from a top peer and an analyst's deep price target cut sent Fisker (FSR -8.49%) stock to the investor used-car lot on Thursday. The high-end electric vehicle (EV) maker's share price tumbled by nearly 9% on the day, while the S&P 500 index inched into positive territory with a 0.3% gain.Tepid TeslaThat peer was EV industry pace-setter Tesla, which unveiled its fourth quarter results after market hours on Wednesday. Unfortunately for Tesla shareholders specifically and EV sector bulls generally, ...

Tesla (NASDAQ:TSLA) is down big today after reporting its earnings, although the decline doesn’t even come close to Fisker’s (NASDAQ:FSR) losses. Shares of FSR stock are down by 55% year-to-date and about 90% year-over-year.The losses are due to several announcements this year. The company announced last week that the buyer of $510 million of its 0% senior secured convertible notes due in 2025 had converted $185.50 million of the notes into 159.06 million shares of FSR stock, diluting shareholders in the pr ...

The Electric Vehicle industry is slowing down due to several macroeconomic conditions including high interest rates and low consumer spending. However, 2024 will see an improvement in the economy, and we could see demand pick up pace. Despite the slowdown, we have seen several companies report impressive delivery numbers, and this shows that quality EVs continue to sell, no matter the economic situation. But this is a highly competitive industry, and not all companies are meant to succeed. This has led to t ...

The electric vehicle (EV) industry is not doing well as the industry goes through a major slowdown leading to thin margins. Most EV stocks have crashed by double-digits this year while many small companies in the industry are running out of money. These events have also hit battery metals like cobalt, nickel, and lithium.Latest EV newsCopy link to sectionThe EV industry received another bad news when Tesla (NASDAQ: TSLA), its gold standard, published weak financial results. The report confirmed that the com ...