@credit : timeofindia
Fisker, an electric vehicle startup, is considering bankruptcy, seeking assistance from restructuring advisors due to financial difficulties.
Fisker's shares plummeted over 46% in after-hours trading following reports of the company's engagement with restructuring firms.
Fisker's strategies, including outsourcing production and transitioning to dealership sales, aim to mitigate operational costs and improve sales.
Fisker's future hinges on securing investment partnerships and negotiating manufacturing agreements, with potential implications for its product lineup.