Posted 3/19/2024, 4:02:20 PM
Fisker faces uncertain future as financial troubles mount and EV demand softens
- Fisker warned in February it may not have enough cash to make it through the next year, and this week said it will halt production for 6 weeks
- Fisker struggling financially like other EV makers, but its cars also have issues that make success harder
- Founding and scaling a startup is very difficult, most fail; softening EV demand makes it even harder for Fisker
- Fisker's most urgent priority is surviving the next few months
- TechCrunch is bullish on EVs in the future, but outlook precarious for Fisker in near term