Fisker Faces Bankruptcy as Deal Talks Collapse and NYSE Delists Stock

After failed negotiations with a potential investor and a series of financial and operational setbacks, Fisker Inc. is on the verge of bankruptcy.

Fisker Inc.'s stock was delisted from the NYSE following a dramatic fall in share price, signaling deep financial troubles.
Negotiations with a 'large automaker,' rumored to be Nissan, for a potential rescue investment have abruptly ended.
The electric vehicle startup struggles with production halts, quality issues, and a significant cash shortfall, raising doubts about its future.
Fisker has laid off 15% of its staff and is exploring strategic alternatives, including potential bankruptcy.
Despite the challenges, CEO Henrik Fisker remains optimistic about the company's future in the electric vehicle market.