Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, today provided a business update for the month of December. Henrik Fisker, Chairman and CEO, said: “We became a revenue-generating company in 2023, but we also faced numerous challenges. Emerging from COVID-19 created several issues for our supply chains, but we have largely overcome them, and we have delivered approximately 4,700 Fisker Oceans. This accomplishment represents substantial revenue, and as ...

Fisker (FSR 18.77%) stock has been struggling this year. Shares are down by about 75% year to date. But investors are jumping in on the final trading day of the year. After spiking by more than 25% at one point on Friday morning, Fisker shares were still up by 19.9% as of 10:50 a.m. ET.The jump came after Fisker announced it produced 10,142 Fisker Ocean SUVs in 2023, and said that deliveries had soared by more than 300% in the fourth quarter compared to the third quarter.Hitting its (latest) EV markIn a bus ...

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, ...

Fisker (NYSE: FSR) stock price was brutally punished in 2024 as investors dumped EV shares. The stock plunged to a record low of $1.38, which was over 82% below its highest point during the year. This plunge has seen its market cap retreat from over $12.45 billion to less than $600 million. The bullish case for FiskerCopy link to sectionFisker has been in a strong downtrend even after the company made important milestones during the year. It started deliveries in June and has now manufactured over 10k cars ...

Shares of Fisker Inc. FSR, +4.14% surged 4.6% in premarket trading Friday, after the electric vehicle maker said it plans to announce in January a plan to accelerate sales and deliveries. The company said it will increase the number of test-drive events in the U.S. and Europe, as it has witnessed higher sales rates after customers experienced the Fisker Ocean vehicles firsthand. Fisker said it has delivered a total of about 4,700 EVs, including a more-than 300% increase from the third quarter to the fourth ...

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, has enhanced its Loyalty Program to provide customers with lifetime benefits, rewards, exclusive perks, and giveaways. “I’m excited to give our loyal members the opportunity to elevate their ownership experience,” Chairman and CEO Henrik Fisker said. “We are constantly looking to improve our Loyalty Program in ways that respond to our customers’ needs and that help us stand out from the competition.” Cus ...

LOS ANGELES & MUNICH--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced the first customer hand-over of a Fisker Ocean Sport electric SUV at the Fisker Lounge London location in the Westfield London mall. “We are thrilled to deliver the Fisker Ocean Sport to its first customer this year. We are offering an outstanding, affordable vehicle that showcases the design, innovation, and sustainability ...

Shares of Fisker Inc. FSR, -0.68% rose 0.7% in premarket trading Wednesday, after the electric vehicle maker announced the delivery of the first Fisker Ocean Sport this year to a customer in the U.K. The Fisker Ocean Sport has a base price of $38,999 in the U.S. Despite the gain, Fisker’s stock is headed for its fifth straight close below the $1.50 level, and the ninth close below that level in December. The first close below $1.50 was Dec. 6, when it closed at a record low of $1.41. The stock has plunged ...

praetorianphoto/E+ via Getty Images My first coverage of Fisker (NYSE:FSR) was back in April of 2023. I had been observing the EV space for a while and pretty much explained the space as a playground for the Darwinian theory of "Survival of the fittest" being played out in real-time. Even though I liked Fisker's chance of survival, I was not sure of the path it would take, and hence my rating was a Hold. At the end of the day, its risks as an early-stage car company (not a single car had been delivered yet) ...

Electric vehicle (EV) maker Fisker (FSR 4.93%) has been no stranger to bad news in recent months as the company has dialed down its full-year production target, faces liquidity concerns, and was late filing its 10-Q. Additionally, its chief accounting officer resigned after just a week on the job.This week, the EV stock was declining in response to news reports casting doubt on both its product and its financial prospects.That and concerns that the stock market had gotten overheated seemed to weigh on the s ...