Friday, September 20, 2024

Harsh verdict on 'Danish' car brand – "Trust is gone"

2023 was a tough one for Fisker Inc., which, with Danish Henrik Fisker at the helm, has lost 97 percent of its value since 2021.

Henrik Fisker himself does not believe that the brand he puts his name to is about to go bankrupt. But recent years have hurt the share price.

Since 2021, Fisker Inc. stock has lost 97 percent of its value. And this week the stock is still under one dollar.

It is made worse by the fact that Fisker's so far only car in the model program must be investigated for a potentially serious fault in the American market.

A problem that Boosted reader Jesper F. can recognize in his own Fisker Ocean. Read more about it here .

READ ALSO: Popular car brand in Denmark lays off 15 of all employees

Market analyst Jan Lang calls it to Finans 'not unusual' for the American authorities to investigate car brands in the way that Fisker is currently subject to.

But that only further pushes the negative narrative about the brand at the moment, it says.

– It is as if the trust in Fisker is gone. And it can be concluded that the development in the share price is an expression of the same, Jan Lang writes to Finans.

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