Fisker warns of the end, other car manufacturers should get involved

by time news

Fisker has expressed doubts about the company’s continued business activities. The share of Fisker fell in after-hours trading. The shares of the US electric car startup collapsed 35 percent a Fisker reported preliminary fourth-quarter revenue of $200.1 million, missing the average analyst estimate of $310.8 million. The Net loss increased to $463.6 million in the reporting period from $170 million in the previous year.

Now there should be a “major car manufacturer“, with which Fisker is currently in negotiations, reports the Reuters news agency. It was not said which manufacturer it was.

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