About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

The larger the electric-vehicle industry gets the more it starts to look like the traditional car business. Take Fisker’s dealership decision. ...

Stuck in reverse for most of 2023, Fisker (FSR -1.01%) stock had plummeted more than 78% through the first 11 months of the year. Then came December. In the last days of 2023, Fisker had two announcements that powered investors' enthusiasm so strongly that they decided to park the electric vehicle (EV) stock in their portfolios.But does the stock's run in the last week of 2023 suggest that there's more room for shares to drive higher in 2024 and beyond? Let's kick the tires and see if this is a stock that b ...

Shares of Fisker Inc. FSR, -8.59% bounced 0.7% in premarket trading Thursday, after the electric vehicle maker abandoned the direct-sales model, and introduced a new dealer partnership business model, in an effort to boost sales, deliveries and its test-drive network. The stock’s bounce comes after it tumbled 14.9% over the first two trading days of 2024. The company said it expects to send its first Fisker Ocean EV to new dealers by the end of the first quarter, and to have about 100 dealer locations in N ...

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that the company is developing an innovative Dealer Partnership model in North America. In Europe, Fisker intends to pursue a hybrid of direct sales and dealer arrangements. (Photo: Business Wire)Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that the company is developing an innovative Dealer Partnership model in N ...

Fisker produced more than 10,000 Ocean SUVs in 2023, but delivered less than half to its customers. Photo: Nancy Kaszerman/Zuma PressThe electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in 2023 to get its cars to buyers quickly.The company is in talks with U.S. dealers and hopes to sign up at least 50 this year, said Chief Executive Officer Henrik Fisker .  ...

Finally, some good news for Fisker (FSR -9.82%) investors! After a difficult third quarter that had production estimates slashed, a downbeat earnings report, a resigning chief accounting officer, and notice from the New York Stock Exchange for the late filing of its report, investors finally have some positive news heading into 2024. Let's dig in and see if Friday's stock price pop of roughly 15% is warranted.SurpriseWith so much pessimism surrounding the company, and a stock price testing new record lows, ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Taking a U-turn from last week's disappointing performance, Fisker (FSR 13.91%) reported impressive news about its 2023 vehicle deliveries this morning. In addition to yesterday's announcement regarding its customer loyalty program, this helped the stock to motor considerably higher during this last week of 2023.As of the end of trading last Friday, shares of Fisker are up 21.9% as of 11:07 a.m., according to data provided by S&P Global Market Intelligence.Fisker ended the year driving in the right directio ...

Key TakeawaysFisker said it delivered a little more than 10,000 vehicles in 2023 and shares were up more than 12% at 11 a.m.This is the first year the company has made deliveries on its vehicles.The company had originally forecast that it make 42,000 this year.Shares of Fisker (FSR) jumped Friday morning after the company said it had delivered 4,700 vehicles in 2023, its first year of making deliveries. The company delivered more than 3,000 vehicles in the fourth quarter, a 300% increase from the 1,097 cars ...