You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The founder of embattled EV startup Fisker has cut his salary to $1 to help cover the company's ...

(CNN) — Shares of Fisker, a California-based electric vehicle startup, were halted Monday. This comes after the company warned, in an earnings report in March, that it might not have enough cash to ...

A decade ago, respected automobile designer Henrik Fisker was coming off the bankruptcy of his first car company when he contemplated his comeback. Instead of a luxury hybrid sedan, what he envisioned ...

Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 ...

Electric vehicle start-up Fisker has filed for bankruptcy after multiple failed attempts to salvage the company, including an attempted rescue deal that didn’t pan out. In a Chapter 11 filing Monday, ...

Fisker employees are using parts from preproduction vehicles and inventory to fix some customers' cars, eight sources said. The practice has been ongoing since Fisker began deliveries in June 2023, ...

Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues.

They say that real estate is a safe investment, and Henrik Fisker is living proof. The founder and CEO of the struggling EV company is selling his Los Angeles home for $35 million. For those keeping ...

Traders work on the floor of the New York Stock Exchange on Wall Street in February. On Monday, trading for EV car maker Fisker was halted after the company stock plummeted 28%. Photo by John ...