Wolfe cuts Fisker (FSR) to Underperform as EV industry continues to intensify
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Fisker (FSR) to establish China delivery center and begin delivering electric SUVs in 2024
June 9, 2023 8:10 AM EDTAmerican electric vehicle startup Fisker (FSR) announced Friday their intention to open a delivery center in China in 2023 and commence deliveries of the Fisker Ocean SUV in Q1 2024. Company leadership recently visited China and engaged in productive discussions with officials and business leaders in Shanghai. The conversations focused on automotive supply chains, logistics, warehousing, and future production development.
After beginning deliveries in Europe and with first vehicles coming to our US customers on June 23, we are excited to move into the Chinese market later this year, Chairman and CEO Henrik Fisker... More
Fisker (FSR) Declines Following Downgrade
June 8, 2023 7:13 AM EDTFisker (NYSE: FSR) Declines Following Downgrade
Shares Down 3%Earlier Wolfe Research downgraded Fisker from Peerperform to Underperform with a price target of $6.00.... MoreWolfe Research Downgrades Fisker (FSR) to Underperform; still the 'most speculative OEM'
June 8, 2023 2:40 AM EDT(Updated - June 8, 2023 7:24 AM EDT)
Wolfe Research analyst Shreyas Patil downgraded Fisker (NYSE: FSR) from Peerperform to Underperform with a price target of $6.00.
The analyst commented, "We continue to view Fisker as the most speculative OEM within our... More
EV maker Fisker pushes into emission credit market to boost sagging business
June 6, 2023 3:50 PM EDT(Reuters) -Electric vehicle startup Fisker has signed a deal to sell emission credits to a major automaker, looking to enter a market it is betting on to navigate a stormy economic environment and a price war sparked by Tesla.
The announcement on Tuesday comes barely a month after... More
Fisker (FSR) Details Emission Credits Strategy for United States
June 6, 2023 3:23 PM EDTFisker Inc. (NYSE: FSR) (Fisker), driven by a mission to create the worlds most emotional and sustainable electric vehicles, is preparing to incorporate the sale of emission credits into its overall business strategy in the United States. The company has already entered into an agreement to sell credits to a major automaker at... More
