Fisker (FSR) launches new finance website

U.S. EV shares slump following news of Lucid (LCID) and Fisker (FSR) poor 1Q results and production cuts

U.S. electric automakers saw a decline in share prices Tuesday morning following cuts to production forecasts by Lucid Group Inc (NASDAQ: LCID) and Fisker Inc (NYSE: FSR), with Lucid sliding 9% in early trading.

Fisker shares were last down 5.3% after the company reported quarterly results. The company reported 1Q EPS of ($0.38), $0.08 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $198 thousand versus the consensus estimate of $6.33 million. The EV maker also announced... More

Fisker (FSR) cuts production targets in the face of supply chain issues

Fisker Inc. (NYSE: FSR) announced Tuesday that the electric automaker has lowered its production target as the U.S. EV startup continues to struggle to ramp up output in the face of supply chain constraints, easing demand and a tight cash position.

The... More

Barclays predicts April back step as EV penetration reaches 14% in March report card

Barclays released a March EV report card as EV penetration reached 14%, up m/m and y/y, but still below elevated 4Q22. Analyst Dan Levy believes April is poised to be a slight step back in uptake, in-line with typical 1st month-of-quarter patterns. Tesla (NASDAQ: TSLA), however, had an impressive March share, benefiting from price cuts and an increased focus on low cost EVs exported from China.

China once again had the highest EV penetration rate among the major global regions (30% in March), yet was flat m/m.... More

Fisker (FSR) Completes First German Vehicle Registration and Opens New Customer Facilities in Munich

Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, continues its phased launch of the all-electric Fisker Ocean SUV in Europe with the... More

Fisker (FSR) delivers first Ocean One electric SUV

Fisker Inc. (NYSE: FSR), an American automaker driven by a mission to create sustainable electric vehicles, announced Friday that the company has delivered the first brand-new Fisker Ocean all-electric SUV to a customer in Denmark.

The owner received their vehicle from Fisker Chairman and... More

Fisker (FSR) Delivers First All-Electric Fisker Ocean SUV

Fisker Inc. (NYSE:... More