U.S. electric vehicle (EV) manufacturer Fisker Inc. (NYSE: FSR) stock has had its ups and downs in the past two-years. Shares peaked at $31.96 highs in March of 2021 and fell as low as $7.95 in June of 2022. Up until now, Fisker was a speculative pre-production electric vehicle (EV) play. However, the Company is officially scheduled to go into commercial production in November 2022. The Company plans on launching four Ocean models starting with the affordable Ocean Sport at $34,999 up to the luxury Ocean One starting at $68,999. The Company sold out on all 5,000 pre-launch limited orders for the Fisker Ocean One secured by $5,000 down payments in nine launch markets. The Fisker Ocean is designed to be the most sustainable SUV on Earth constructed of recycled and upcycled materials throughout. It also sports a solar roof call SolarSky which can produce over 2,000 emissions-free miles a year powered by sunshine. Its battery can also be used as emergency power sources for homes for up to seven days. It expects to finish final testing on 55 complete Fisker Ocean prototypes and go straight into production on Nov. 17, 2022. Shareholders have patiently and painfully waited for Fisker to go from prototype to production marking the second coming of the proverbial Tesla Killer.
