Why Fisker Failed and What Can Investors Learn From It?
Channel: Andriy Blokhin
Date: 2024-04-04

Have you heard about Fisker Inc financial problems and recent news that this EV car maker is on the brink of bankruptcy? In this video, I take a detailed look at what went wrong at Fisker (FSR) and what led to its eventual demise.

Started by Henrik Fisker, Fisker Inc went public in 2020 at the peak of EV hype and reached a staggering $8 billion in market capitalization. However, most recent potential bankruptcy news caused Fisker's stock price to plunge to pennies. The stock got delisted from NYSE at the end of March, 2024. The rise and fall of Fisker was spectacular and provides many invaluable lessons for investors.

Subscribe to my channel @andriyblokhin  for more content about investing and personal finance.

---------------------------------------
Connect with me on Social Media:
  ► Facebook: https://www.facebook.com/blokhininvest
  ► Twitter: https://twitter.com/andriyblokhin
---------------------------------------

Try Interactive Brokers: 
🔸 https://andriyblokhin.com/get/interactive-brokers
     ► You can earn up to $1,000 in free IBKR stock (NASDAQ:IBKR).
     ► FREE online trading for U.S. customers 
     ►  2023 Best Online Broker by Barron's

---------------------------------------
Related videos:
   ▶︎ The 1 Best Growth ETF to Hold Forever, If You're Young: https://youtu.be/XJSlhFKGnKo
   ▶︎ Problems with Dividend Stocks and How to Avoid Them: https://youtu.be/4RkVSYvXK9U
   ▶︎ Can Dividend Stocks Beat the Market?: https://youtu.be/qZt2tF3hyS0

---------------------------------------
Timestamps:
00:00 - Intro
00:49 - Primer on Fisker Inc
03:32 - Lesson 1: Don't Fall for Hyped Up Investment Trends 
04:50 - Lesson 2: Investors Miscalculated EV Competition
06:23 - Lesson 3: Fisker Asset-Light Model Gone Wrong 
07:40 - Lesson 4: Copying Competitors May Backfire
09:27 - Lesson 5: Quality of Management Matters a Lot
11:02 - Concluding Remarks on Investment in Fisker Inc
---------------------------------------
This video content is for informational purposes only and should not be viewed as legal, tax, investment or financial advice. Please, do your own due diligence, consult a professional and keep your money safe.

#fisker #fiskerinc #investing

---------------------------------------
Image Credits:
Alexander-93, CC BY-SA 4.0 via Wikimedia Commons
https://commons.wikimedia.org/wiki/File:Fisker_Ocean_Motorworld_Munich_1X7A0079.jpg

Eric Graciano, CC BY-SA 3.0 via Wikimedia Commons
https://commons.wikimedia.org/wiki/File:Henrik_Fisker_2016.jpg

Alexander-93, CC BY-SA 4.0 via Wikimedia Commons
https://commons.wikimedia.org/wiki/File:Fisker_Alaska_IAA_2023_1X7A0790.jpg
---------------------------------------
I include affiliate links in video descriptions. If you make a purchase from the links above, I as an affiliate or Amazon Associate will earn from qualifying purchases at no extra cost to you.