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10 mins read
Inside Henrik Fisker's second failed automotive startup
Business Insider spoke with 27 current and former Fisker staff who charted the startup's downfall.
Grace Kay
1 min read
Fisker cuts $24,000 off the price of its Ocean SUV in an attempt to stay alive
Massive price cuts for the Ocean SUV come as Fisker desperately tried to avoid bankruptcy.
Nora Naughton
1 min read
Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through
Fisker said in a SEC filing that it "continues to evaluate strategic alternatives." Those alternati…
Matthew Fox
2 mins read
Tesla stock has 68% upside as the 'best house in a bad block' of distressed EV makers, analyst says
"We still think there's a pathway for them to become the largest auto manufacturer," CFRA's Garrett…
Filip De Mott
1 min read
Fisker stock has 177% upside with the company one of the few EV makers on pace to launch on time, Morgan Stanley says
Fisker says it's on course to start producing its Ocean SUV in November 2022.
Carla Mozée
2 mins read
Fisker could jump another 116% due to rising reservations and an EV boom, BofA says
Bank of America initiated coverage on Fisker with a "buy" rating and a $31 price target on Tuesday …
Will Daniel
1 min read
Fisker soars 45% after it partners with Foxconn to develop and manufacture a new electric vehicle
Foxconn is best known as the Chinese manufacturer of Apple's iPhone, and is the world's largest ele…
Matthew Fox
2 mins read
Tesla has 'significant first-mover advantage' in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says
Tesla has established a "significant first mover advantage" over new entrants in EV market, but Riv…
Emily Graffeo
1 min read
Fisker spikes 26% after Morgan Stanley says its 'deceptively low execution risk' makes it stand out in crowded EV space
In Morgan Stanley's bull-case scenario, Fisker could trade at $59, representing 282% potential upsi…
Matthew Fox
2 mins read
Fisker and Lordstown Motors slide as Goldman Sachs downgrades the stocks on electric-vehicle industry competition
Goldman is concerned that the prospects of these electric-vehicle startups could be dented by inroa…
Carla Mozée
2 mins read
Spartan Energy soars 37% as it reportedly takes pole position in a bidding war for electric-vehicle maker Fisker
Fisker was founded by Henrik Fisker, a well-known car designer who previously worked for BMW and As…
Matthew Fox
2 mins read
Wedbush raises Tesla's price target to among the highest on Wall Street, eyeing $1,400 for shares of the EV maker on the back of Biden's infrastructure bill
Wedbush is now eyeing $1,400 for Tesla stock, 27% higher than its earlier base case of $1,100 as we…
Isabelle Lee
2 mins read
Lordstown Motors extends 2-day rally to 49% as electric-vehicle startups see renewed interest
Since Monday, shares of Fisker, Nikola, and Canoo were up as much as 20%, 17%, and 8%, respectively.
Matthew Fox
1 min read
Lordstown Motors plunges 23% after short-seller report says the EV SPAC has 'no revenue and no sellable product'
Electric truck maker Lordstown Motors dropped 23% after Hindenburg Research revealed a short positi…
Emily Graffeo
2 mins read
Tesla could rally to $1,000 this year as demand from China remains strong and the global chip shortage subsides, Wedbush says
Wedbush reiterated its outperform rating and $1,000 price target for Tesla on Monday, saying the ch…
Emily Graffeo
5 mins read
Henrik Fisker wants to lease you an electric car for no-strings-attached road trips
The new electric-car maker is going after younger buyers who have different expectations about pers…
Matthew DeBord
1 min read
Fisker soars 17% after reaching deal with Foxconn for development of an electric vehicle
"We are rethinking the car in terms of proportions, design and connected user experience," says Fis…
Carla Mozée
2 mins read
Lordstown Motors spikes 19% after SPAC merger kicks off public trading
Lordstown enjoyed time in the national spotlight when President Donald Trump featured its Endurance…
Ben Winck
5 mins read
A 2017 lawsuit shows how electric car startup Lordstown paid outside workers to gin up 10,000 pre-orders per year
The questionable practice underscores that using pre-orders as a proxy for sales may not be the bes…
Grace Kay
3 mins read
US stocks close at record highs as traders weigh recovery optimism against valuation concerns
Bitcoin traded around $47,500 after dipping from Thursday's record high. Adoption from BNY Mellon a…