Fisker Inc. Message Board

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Technology Stocks : Fisker Inc.

FSR 209.01

+1.4%

Apr 11 5:00 PM EST

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To: The Ox who wrote (178)	1/24/2024 3:51:37 PM
From: Sultan	Read Replies (2) of 202

Analysts are having so much fun piling on EV plays.. Looks like not any one's favourite sector.. All the ones on my list, LI LCID PSNY RIVN etc. are all down.. Matter of % .. FSR has low cash on hand and in the midst of changing their strategy, specially in USA.. From online selling to going to dealership model.. So obvious question is how smooth and successful will it be. They are doing better in Europe though.. The current online model has one big problem.. You can make a down payment of $ 1000 or $ 1500 and order a car.. And nothing stops you from cancelling the order and forfeit the down payment.. And the distribution has been a big issue in terms of logistics.. Poor planning and forecast on Fisker's part.. So next major update will be next week or in 1st Week of February.. They are hosting Dealers next week in California so it will be interesting to see if they manage to sign up some credible dealers.. The car itself is pretty slick so let's see.. FWIW..

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