Fisker Faces Financial Struggles, Reports $463M Net Loss, 15% Staff Layoffs, $273M Revenue
Electric vehicle maker Fisker is facing financial struggles, with a $463 million net loss in Q4 and doubts about its ability to continue due to cash constraints. The company is laying off 15% of its staff, seeking a partnership or investment to stay afloat. Fisker's revenue in 2023 was $273 million, a fraction of Apple's earnings. Talks with Nissan and other automakers for investment are ongoing.
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Benzinga
$TSLA | Elon Musk Teases Amped-up Roadster $AAPL | Apple's Self-Driving Car Debacle $FSR | Fisker's 'Going Concern' Warning And More! Biggest EV Stories Of The Week: https://t.co/WW1UzNPUU5
- Benzinga
$FSR | Nissan Nearing Deal To Invest In Fisker, Securing Entry Into Electric Pickup Truck Market: Report https://t.co/dDOKvDUIbT
Automotive News EV startup Fisker reported a $463 million net loss for the fourth quarter. The automaker is early in the process of shifting to a dealer model from direct sales, which is triggering some of the job cuts. https://t.co/HhNUl4BOq3
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