
Fisker Inc (NYSE:FSR) shares are trading lower by 8.37% at $9.63. Weakness is possibly in sympathy with Tesla Inc (NASDAQ:TSLA) after CEO Elon Musk reportedly said the company will need to cut around 10% of its staff and pause hiring.
Elon Musk reportedly sent an email titled “pause all hiring worldwide” to his executives and said the EV giant would need to cut about 10% of its employees. Within the email, Musk said he had a “super bad feeling” about the state of the economy... Read More