Fisker scales back production to divert cash for working capital
- Location: 27030, Masaki-chō, Appenzell Innerrhoden, Iceland
Shares of the EV maker, which has been struggling with a cash crunch, rose 7% in premarket.
"Fisker has made a strategic decision to reduce December production to prioritize liquidity to unlock over $300 million of working capital," the company said.
Fisker cut its production target for the year - at least a second time - to just over 10,000 units, compared with its earlier forecast of 13,000 to 17,000.
If you enjoyed this information and you would certainly like to obtain more information pertaining to Valentine's Day Trivia kindly see the site.
Related listings
-
High 17 Online Shopping Websites To Bookmark For 2024149.00 US$Animals Rambouillet (Louisiana) September 11, 2024And there you have it! We’ve wrapped up our listing of top online shopping sites for 2023. You'll want to bookmark these wonderful websites to your next purchasing extravaganza! You won’t be sorry. Whether you need to buy a handmade gift for a pal, h...
-
Quietly Discover How To Get Your Ex Back In 4 Simple Measures138.00 US$Animals (Swains Island) September 11, 2024win Back your ex boyfriend's Heart Black magic spells are pretty to be able to find about the. Easy to find and to be able to do may be two different things, about the. these are rarely easy you want to do with effective results. Many . because these...
-
Online Shopping For Ladies, Men, Youngsters Vogue & Lifestyle83.00 ₹Animals Herisau (Kingman Reef) September 11, 2024Our grand sarees and lehenga-choli selections are excellent to make an impression at massive social occasions akin to weddings. Our salwar-kameez units, kurtas and Patiala suits make comfortable options for common wear. Fashionable footwear - While c...