Fisker Courts Nissan for a Partnership, and Cash
Fisker Inc. (NYSE: FSR), an EV manufacturing firm based in the U.S., recently announced that it was in talks with Nissan. This comes a day after the firm’s CEO announced that they were involved in talks of capital infusion from another car manufacturer. The CEO, Henrik Fisker, also gave a going-concern warning, which suggests stress in a market whose consumer demand seems to be dwindling while growth slows down. In addition to this, the EV company announced plans to reduce its workforce by 15%, reporting that its earnings were lower than expected. Further, the firm revealed that it was experiencing…