DaveA
Well-Known Member
I expect Foxconn to make an investment in Fisker for the Pear in the near future…would make sense.Because its a red flag for any company to go back to the reservation holders and ask for more money.
@DaveA is right, I believe, the they need money to work on Pearl and other projects in addition to secure increased production and parts costs.
Fisker has already BK'd once and Chinese bought Karman Fisker. While Magna makes great quality vehicles, they don't run Fisker so we'll have to see as time goes on.
I own almost all EV company stocks and view them as sort of like venture capital investments. Already Lordstown and Electric Last Mile filed BKs. I expect others do the same as time goes on...
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