Fisker Trading Suspended by NYSE

techcrunch.com

43 points·mfiguiere··9 comments

I'm steeped in bias on this one, but overall this is not a surprise. The stock has been trading sub $1 for a while and there has been very little positive coverage of the company in recent months.

The only deal they had in the works was speculated to be with Nissan and that fell through. Although a successful deal with Nissan would've made me even less optimistic after reading about their mandate to cut new build costs by 30%.

What's funny is the letter Fisker wrote to its employees to be on the lookout for MKBHD and avoid him.

Probably better to make better cars than to stop people from reviewing them.

Do they have any IP they could sell to a company like GM that is struggling to hit production/quality goals? Or is Fiskar a scam?

Always was. Fisker got its start by stealing the original design for Tesla

...not really.

The original Fisker "EV" was in fact a turbocharged 4-stroke which used "train locomotion"-style onboard direct-generation via ICE to electric drivetrain/propulsion.

I have been passenger inside of one, and everything else about the vehicle (including "solar roof" ha ha ha) was an absolute afterthought (e.g. horrible ergonomics).

Seemed like a promising first EV, but seems maybe things were a bit premature. They needed to knock it out of the park.

Another SPAC bites the dust, why these aren't banned will remain a mystery...

I honestly mistook it for the scissors company at first and was extremely confused.

You just made my morning. Cheers.

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