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Fisker Inc. - FSR STOCK NEWS

Welcome to our dedicated page for Fisker news (Ticker: FSR), a resource for investors and traders seeking the latest updates and insights on Fisker stock.

Fisker Inc. (FSR) is a pioneering company in the electric vehicle (EV) industry, specializing in the design and manufacture of sustainable and innovative mobility solutions. Headquartered in Manhattan Beach, California, Fisker is committed to revolutionizing the automotive sector with its eco-friendly vehicles.

The company is spearheaded by Henrik Fisker, a renowned automotive designer. Fisker Inc. focuses on creating electric vehicles that combine cutting-edge technology with sleek, modern design. Their core product, the Fisker Ocean, is an all-electric SUV that has garnered significant attention for its impressive range, advanced features, and affordable price point.

Recent achievements include the unveiling of the Fisker Ocean at international auto shows, securing key partnerships with global suppliers, and expanding their manufacturing capabilities. Fisker is actively working on expanding its product lineup, with projects like the Fisker PEAR (Personal Electric Automotive Revolution), aimed at creating more accessible and affordable EV options for consumers.

Financially, Fisker Inc. is positioning itself for long-term growth by focusing on cost-effective production and strategic alliances. The company's innovative approach and commitment to sustainability have attracted significant investor interest and support.

Fisker Inc. is not just about cars; it is about reimagining the future of mobility. The company's vision extends beyond individual ownership to include shared mobility solutions and services that cater to the evolving needs of urban living.

With a dedicated team of experts, robust financial backing, and a clear vision for the future, Fisker Inc. is set to play a significant role in the global shift towards electric vehicles and sustainable transportation solutions.

News

Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles

Rhea-AI Summary
Fisker Inc. announces significant price reductions on 2023 Ocean models in the US, with the Ocean Extreme trim dropping from $61,499 to $37,499. The move aims to make Fisker EVs more affordable and competitive in the market, with additional options included in the discounted prices. The reductions will be effective from March 29, 2024, as Fisker focuses on sustainability and dealer partnerships.
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Fisker Ocean Wins iF DESIGN AWARD 2024 for Best Electric SUV

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Fisker Inc. (NYSE: FSR) announces that the Fisker Ocean all-electric SUV has won the iF DESIGN AWARD 2024 for 'Best Electric Vehicle: SUV'. The Ocean excelled in sustainability, design, and ease of use, securing the highest accolade in the Automobiles category. The award recognizes the innovative design, form, and function of the Fisker Ocean, highlighting its sustainability and emotional appeal.
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Fisker Announces Receipt of Financing Commitment of Up to $150 Million and Provides Business Update

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Fisker Inc. secures a financing commitment of up to $150 million, organized in four tranches, from an existing investor. The company is in negotiations with a large automaker for a potential transaction to develop EV platforms and manufacture in the US. Fisker delivered approximately 1,300 vehicles in 2024 and plans to pause production for six weeks to align inventory levels.
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Saydulu Kolasani Joins Fisker as Senior Vice President, Enterprise, Digital Operations and Transformation

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Fisker Inc. announces Saydulu Kolasani as SVP, Enterprise, Digital Operations and Transformation, bringing over two decades of experience to oversee technology infrastructure, cybersecurity, and digital platforms. The company aims to enhance customer experiences and drive revenue growth with Kolasani's expertise.
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Fisker Inc. Announces Preliminary Q4 and Full Year 2023 Results*

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Fisker Inc. (NYSE: FSR) reports preliminary Q4 2023 revenue of $200.1 million, an increase of $128.3 million from Q3 2023. The company's Q4 2023 gross margin was -35%, with an earnings per share loss of $1.23. Fisker's Dealer Partner model has gained traction, receiving over 250 dealer inquiries and signing agreements with 13 dealers. The company is in negotiations with a large automaker for potential investment and joint development of electric vehicle platforms.
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Fisker Signs Additional US Dealer Partners in New York State, Florida, and Indiana

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Fisker signs two new dealer partners in the US, expanding their Dealer Partnership model. The company aims to offer no-haggle pricing and superb service through this innovative approach, attracting interest from over 250 dealers worldwide. Fisker has now signed 12 dealer partners in the US and Europe, aligning with their asset light business model for increased scalability and production.
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Fisker Announces Timing of Fourth Quarter and Full Year 2023 Results and Webcast

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Fisker Inc. (FSR) announces the release of its fourth quarter and full year 2023 financial results on February 29, 2024, followed by a conference call with key executives. Shareholders can submit questions through a Q&A platform accessible on the company's website.
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Fisker Receives Continued Listing Standard Notice From NYSE

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Fisker Inc. (NYSE: FSR) received notice from the NYSE regarding non-compliance with the average closing price requirement. The company has a six-month cure period to regain compliance by maintaining a minimum share price. Fisker is considering options like a reverse stock split to meet listing standards.
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Fisker Signs New Dealer Partners in US as Strategic Business Shift Continues

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Fisker (NYSE: FSR) announces strategic shift to Dealer Partnership model, signing four US dealers. Dealers include Mills Automotive Group, Ourisman Fisker, Classic Fisker, and Long Island Fisker, expanding to seven locations in North Carolina, South Carolina, Georgia, Maryland, New York, and New Jersey. The model aims to scale Fisker Ocean deliveries and future model production, attracting interest from over 250 dealers globally. Fisker Ocean SUV offers a range of up to 360 mi, lowest carbon footprint, and uses recycled materials.
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Fisker to Bring Award-Winning Fisker Ocean All-Electric SUV to Canadian International AutoShow

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Fisker Inc. (NYSE: FSR) to showcase the award-winning Fisker Ocean all-electric SUV at the Canadian International AutoShow, highlighting its sustainable features and innovative Dealer Partnership model.
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FAQ

What is the market cap of Fisker (FSR)?

The market cap of Fisker (FSR) is approximately 52.8M.

What does Fisker Inc. specialize in?

Fisker Inc. specializes in designing and manufacturing electric vehicles and sustainable mobility solutions.

Where is Fisker Inc. headquartered?

Fisker Inc. is headquartered in Manhattan Beach, California.

Who leads Fisker Inc.?

Fisker Inc. is led by Henrik Fisker, a renowned automotive designer.

What is the Fisker Ocean?

The Fisker Ocean is an all-electric SUV that features impressive range, advanced technology, and an affordable price.

What are some of Fisker's recent achievements?

Recent achievements include the unveiling of the Fisker Ocean, securing key partnerships, and expanding manufacturing capabilities.

What financial strategies does Fisker Inc. employ?

Fisker focuses on cost-effective production and strategic alliances to ensure long-term growth and sustainability.

What is the Fisker PEAR?

The Fisker PEAR (Personal Electric Automotive Revolution) is a project aimed at creating more accessible and affordable electric vehicles.

How does Fisker Inc. contribute to sustainable transportation?

Fisker Inc. contributes by designing innovative electric vehicles and exploring shared mobility solutions for urban living.

Is Fisker Inc. involved in shared mobility services?

Yes, Fisker Inc. is exploring shared mobility solutions to cater to the evolving needs of urban living.

What makes Fisker Inc. a significant player in the EV industry?

Fisker's innovative approach, commitment to sustainability, and strong leadership make it a significant player in the global shift towards electric vehicles.

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Fisker Inc.

NYSE:FSR

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FSR Stock Data

52.82M
452.67M
1.29%
25.01%
17.08%
Auto Manufacturers
Consumer Cyclical
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United States
Manhattan Beach