Fisker Pauses EV Production, Partners with Dealers, Lays Off 15% of Workforce
• Fisker stopping work on new EVs until it partners with another automaker • Company revenue increased in 2023 but had negative 35% gross margin • Fisker pivoting from direct-to-consumer sales model to dealer partners • 250 dealer expressions of interest in North America & Europe so far • Fisker laying off about 15% of workforce, around 200 employees