Is Fisker Stock Going to Zero?
Fisker (US:FSR) The Motley Foolยท2024-03-10 18:41It wasn't long ago that electric vehicle (EV) sales were gaining traction and appeared on the cusp of breaking into mainstream territory. Oh, how quickly things can change. Start-up EV maker Fisker (FSR -5.88%) is now struggling to survive amid high interest rates, charging infrastructure challenges, intensifying competition, and a dwindling cash pile. But is Fisker stock doomed to drop to zero, or is there still hope for long-term investors?The ugly numbersIn late February, Fisker reported a rough fourth-q ...