From Yahoo Finance:

Fisker reported a challenging Q4, with revenue of $200.1M missing estimates and a net loss of $463.6M. The company has “substantial doubt” about its ability to continue, leading to a 40% drop in shares and a headcount reduction of 15%. Fisker has $396M in cash but is in talks for additional investment and potential partnerships, including a joint EV platform development and North America manufacturing. Analysts are cautious, with Citi downgrading the stock and expressing concern over liquidity and poor near-term visibility. Henrik Fisker cited challenges with the Ocean SUV launch and the direct-to-consumer model.



Read more at Yahoo Finance: Fisker tumbles on warning; ‘hard to make’ investment case at this stage, analyst says