LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, held a global meetup of owners that brought together approximately 2,500 current owners and prospective customers on two continents this past weekend. “This meetup exceeded our expectations,” Chairman and CEO Henrik Fisker said. “It was fantastic to see such a robust turnout, with some owners defying winter weather in parts of the US to connect with e ...

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The idea of finding a young electric vehicle (EV) maker poised to soar for years similar to Tesla is obviously enticing, but for many young EV makers, 2023 wasn't so kind. For instance, California-based Fisker (FSR -2.69%) was hit hard as the EV maker drove over a number of speed bumps -- sending its stock sliding 75% lower last year. But is there light at the end of the tunnel in 2024?Speed bumpsFisker had a rough year, no doubt about it, but the stock was relatively stable through the first three quarters ...

On Jan. 11, the National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) announced that it would conduct a preliminary evaluation (PE) of the 2023 Fisker (NYSE:FSR) Ocean after it received nine complaints about the loss of the vehicle’s braking performance. One of the complaints allegedly involved a crash and injury. The Ocean’s braking system utilizes both friction and regenerative braking.“The complaints allege a partial loss of braking over low traction surfaces, wit ...

Fisker stock could have an interesting Friday after an upgrade and a commentExternal link from the company about a National Highway Traffic Safety Administration investigationExternal link into a braking issue with Fisker’s all-electric Ocean SUV. ...

Shares of Fisker Inc. edged up 0.1% in premarket trading Friday, after closing at record lows for the past six sessions, as the electric vehicle maker acknowledged that it regulators were investigating braking issues with the 2023 Fisker Ocean. The company’s statement regarding the investigation by the National Highway Traffic Safety Administration’s Office of Defects Investigation was: “Fisker is fully cooperating with the NHTSA on this matter.” The company said it had responded in December to customer fe ...

LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”) has issued the following statement on the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation’s (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean: “Fisker is fully cooperating with NHTSA on this matter.” The Fisker Ocean brake system uses both friction braking and regenerative braking. In December 2023, Fisker responded to customer feedback and issued an Over-the-Air updat ...

Electric vehicle companies are having a bad year, with most of them falling by double digits. Tesla has slumped by more than 14% while Fisker is down by over 50% this year alone. Other companies like Nio, Xpeng, Canoo, and Mullen Automotive have crashed by over 30%.VinFast, Nio, Rivian, Tesla, and Fisker stocks EV metals and EV charging stocks have tumbledCopy link to sectionThey are not alone. As I wrote recently, the prices of battery electric metals like nickel, lithium, and cobalt have crashed. On Thurs ...

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that it will offer a special luxury version of the award-winning Fisker Ocean SUV. The Fisker Ocean Extreme Monterey Edition will be the most luxurious offering of the Ocean lineup, which currently consists of the Extreme, Ultra, and Sport trim levels. The Ocean Extreme Monterey Edition will feature the Sun Soaked exterior metallic gloss paint option combined with color-accent details on ...

The giant screech you heard Wednesday afternoon in the vicinity of the New York Stock Exchange was investors slamming the brakes on Fisker (FSR -7.54%) stock. Many eagerly traded out of the stock, which was down by low double-digit percentages in the morning before it recovered slightly to end the day 9% lower.The immediate catalyst was a deep price target cut by an analyst, but as usual in such cases there were other factors behind the slide. With Wednesday's decline, Fisker has crashed below the $1 per-sh ...