Fisker's Potential Lifeline: Can Nissan Rescue the EV Maker?Fisker Inc. ( NYSE:FSR ), the embattled electric vehicle (EV) maker, is reportedly in talks with Nissan Motor Co. in a bid to secure a much-needed lifeline amidst liquidity challenges threatening its survival. The discussions come amid a backdrop of mounting pressure on Fisker ( NYSE:FSR ), marked by production issues, technical glitches, and disappointing earnings results.
With the specter of a going-concern warning looming, Fisker CEO Henrik Fisker revealed the company's efforts to secure a capital infusion from a rival carmaker. This latest development underscores the precarious position faced by Fisker and reflects broader challenges within the EV market, characterized by slowing growth and uncertainties surrounding consumer demand.
Nissan's potential investment of up to $400 million in Fisker's truck platform and the production of a planned pickup truck starting in 2026 offers a glimmer of hope for the struggling EV manufacturer. The prospect of collaboration with Nissan has helped to mitigate losses in Fisker's shares, which had plummeted by as much as 48% in early trading.
However, Fisker's ( NYSE:FSR ) current financial woes remain a cause for concern. With reported cash reserves falling short of analyst estimates and doubts cast on its ability to sustain operations without additional funds, the company faces an uphill battle to secure its future.
Despite challenges, Fisker ( NYSE:FSR ) remains optimistic about its prospects, citing approximately $500 million in vehicle and parts inventories and a projection of increased cash generation from current sales. Yet, the discrepancy between sales figures and analyst expectations, coupled with a modest delivery forecast for 2024, underscores the magnitude of the company's struggles.
For Fisker ( NYSE:FSR ), the potential partnership with Nissan represents more than just a financial lifeline—it offers an opportunity for strategic collaboration and operational synergy. However, success hinges on the ability of both companies to navigate challenges and capitalize on shared strengths in the competitive EV landscape.
As negotiations between Fisker ( NYSE:FSR ) and Nissan unfold, stakeholders in the EV industry will be closely monitoring developments, hopeful for a positive outcome that could reshape the trajectory of both companies. Amidst uncertainties, one thing remains clear: the fate of Fisker ( NYSE:FSR ) hangs in the balance, with its survival contingent on securing the support and resources necessary to weather the storm.
Nissan
NISSAN is back+Adam&Eve pattern
+Very good risk reward
-unclear if it could above hold MA just yet.
-Nikkei is a bit overhyped
Make your own decision.
### NOT FINANCIAL ADVICE
Nissan Long IdeaNissan has just broken out of this ascending triangle pattern. Good risk to reward set up with stop around 535 and target around 645.
The Buying opportunity of all Buying OpportunitiesI personally own a Nissan Altima, so you can call me an insider trader. my neighbor owned a Nissan Altima. For 15 years the car served its purpose with nothing more than basic maintenance, oil changes, tire rotations etc. I have never in my lifetime seen a Nissan Altima on the side of the road needing repairs.
$doge going to .10 is the question I am back in w/ 1517 doge coins to test the waters of a 70% for an upside hitting .10 within 48hrs minimum. 30% chance for retracement due to high frequency trading, and market time changes. I went ahead and slept comfortably knowing I place my trade accordingly to previous indication.
Headlines are:
Stimulus package, Nissan Accepting doge coin as form of currency for down down payment w/ a 25% convenient fee, G7 meeting on the 12th for taxation, Ford accepting as well!
Please, take this as a solid cross reference with no filters. Please, do your own research and due diligence and wish everyone good luck! Hope this is helping you and everyone! Likes, comments and suggestions helps everyone here that believes in what’s unfolding before our very eyes. Thank you for looking! If I keep getting likes I’ll give you more as I place my trades.
Everyone should have made money on NIOIt's one of those "Buy & Hodl" stories. My Think_scripts don't translate nicely over to Pine_script, but the general consensus across multiple platforms and strategies is that Nio's price is unsustainable. It tredns similar price movements to Tesla, but it also trends in the direction of the VIX, which leads me to believe that China is heavily influencing both. Inverse assets... Unless you can take $500k and go buy a car that is almost ready for Pikes Peak, then there is no way that Nio's price is justifiable. Nissan stock should be worth $10 before Nio is ever worth $5
6JJAPANAISE YEN IN GOOD POSITION TO EXPLOSE BECAUSE PROBABILITIES GAVES 0%
SO IT MAY GO UP OR DOWN ON 50% FOR EACH FO TILL ARRIVING OF RESISTENCE THINGS WILL BE CLEAR
Nissan: CEO fired, long term bottom against yearly supportI've been watching the drama in $NSANY unfold, and after ousting their leader, the stock seems to have bottomed. Technical signals show that the long term support in the yearly timeframe has held. If anything, you have significantly big odds of this drop being the bottom in this stock. Wouldn't shock me to see a rapid rally emerge from here soon.
Cheers,
Ivan Labrie.
