Fisker Stock Alert: Fisker Dramatically Scales Back Direct Sales

Fisker (OTCMKTS:FSRN) is up more than 1% today but the company has reported even more news that should be concerning for investors. Amid recent months of struggling, the electric vehicle (EV) company has implemented multiple production halts. Now, though, Fisker has also announced that it will only make sales to customers in states where it has a dealership partner. Fisker has pivoted toward a dealership-centric business model over the past year. Given how poorly Fisker stock has performed in 2024, it's saf ...