Fisker (FSR) pauses EV production after missing interest payment
EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough?
Fisker is halting production as EV woes worsen
Fisker reiterated there is “substantial doubt” in its ability to continue operations after missing an interest payment.
According to an SEC filing on Monday, Fisker is pausing…