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Fisker Stock Surged. The EV Maker Is Ramping Up Deliveries.

Por: MarketWatch Business February 27, 2023

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Earnings and sales don’t matter all that much yet. Fisker is just on the cusp of delivering larger quantities of its first vehicle, the Ocean SUV. Cash balances and guidance for the coming year matter more. The company finished the year with about $765 million in cash, including some tax-related receivable due to come in. That should be enough to get the company through 2023. Fisker estimates it will spend about $573 million in 2023, down from... + full article



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