Fisker halts production as it goes on overdrive trying to secure funds

Advertising banners of Fisker, showroom Fisker Automotive Sales Office, emblem, concept Advertising and Marketing in Automotive Industry, American automobile manufacturer, Frankfurt - December 8, 2023

Victor Golmer

Fisker (NYSE:FSR) is halting production for six weeks as the cash-strapped electric vehicle maker goes on overdrive trying to avoid bankruptcy by securing funds to keep its business running.

Its shares, which have been in freefall since it flagged going concern doubts,

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