Top Reasons “Why is fisker stock going down?

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Fisker lacks the  financial resources  to meet its debt  obligations  

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A potential deal with a major automaker, reportedly Nissan,  has fallen through.

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The company is seeking alternative financing options, including modifying terms with investors.

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Fisker is exploring strategic options such as restructuring, debt refinancing, and asset sales.

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The company faces challenges from high interest rates, supply chain delays, and a shift to a dealer-based sales model 

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  Fisker has reduced its workforce by 15% and is facing an uncertain future in the volatile EV market.

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NYSE initiates delisting process for Fisker stock due to low share price.

The EV market is becoming increasingly crowded, with established automakers like Tesla and Ford offering competitive electric SUVs

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A tough economic climate makes it harder for startups like Fisker to secure funding and attract customers who might be tightening their belts. 

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