Fisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage

benzinga2021-05-06

Fisker Inc CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.

What Happened:The California-based company has no sales or cars in production yet and its first electric vehicle launch is in late next year.

"NO Chip shortage at Fisker!," the company’s co-founder proclaimed in a tweet, adding that its strategy to develop software in-house and a CTO from the chip industry will help it skip the queue.

The EV maker competes withTesla Inc, a company that once employed Henrik Fisker and even sued him over design secrets, and plans to begin production of its Ocean SUV at its European vehicle assembly facility in late 2022.

Fisker explained that the carmaker has lined up suppliers ahead of the next year’s launch and they are on target to deliver the company’s requirements.

The company is also developing a more affordable, sub-$30,000 electric vehicle that it plans to launch by the end of 2023 with the help ofApple Inc supplierHon Hai Precision Industry Co., Ltd.

Why It Matters:The comments come at a time when automakers around the globe are struggling with chip supplies and have been forced to halt production on a rolling basis.

Fisker has been sharing preorder numbers for the Ocean SUV. In April he claimed Ocean SUV has scored over 15,000 bookings.

CNBC's Jim Cramer late last year comparedFisker CEO withNikola Corp’sNKLAformer Executive Chairman Trevor Milton who hadstepped downafter short-seller allegations, highlighting the risk of investing in EV startups that have no production or sales.

Price Action:Fisker shares closed 5% lower at $11.37 on Wednesday and were down 0.9% in after-hours trading.

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Guavaxf30
2021-05-06
Guavaxf30
Haha. Of course they will have no issues for now. They are not producing any cars!
ppptt
2021-05-06
ppptt
Is

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Of course they will have no&nbsp;issues for now. They are not producing any cars!","listText":"Haha. Of course they will have no&nbsp;issues for now. They are not producing any cars!","text":"Haha. Of course they will have no issues for now. They are not producing any cars!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105613274","repostId":1182571574,"repostType":2,"repost":{"id":"1182571574","kind":"news","pubTimestamp":1620292269,"share":"https://www.laohu8.com/m/news/1182571574?lang=&edition=full","pubTime":"2021-05-06 17:11","market":"us","language":"en","title":"Fisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1182571574","media":"benzinga","summary":"Fisker Inc CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected b","content":"<p><b>Fisker Inc</b>&nbsp;CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.</p><p><b>What Happened:</b>The California-based company has no sales or cars in production yet and its first electric vehicle launch is in late next year.</p><p>\"NO Chip shortage&nbsp;at Fisker!,\" the company’s co-founder proclaimed in a&nbsp;tweet, adding that its strategy to develop software in-house and a CTO from the chip industry will help it skip the queue.</p><p>The EV maker competes with<b>Tesla Inc</b>, a company that once employed Henrik Fisker and even sued him over design secrets, and plans to begin production of its Ocean SUV at its European vehicle assembly facility in late 2022.</p><p>Fisker&nbsp;explained that the carmaker has lined up suppliers ahead of the next year’s launch and they are on target to deliver the company’s requirements.</p><p>The company is also developing a more affordable, sub-$30,000 electric vehicle that it plans to launch by the end of 2023 with the help of<b>Apple Inc</b>&nbsp;supplier<b>Hon Hai Precision Industry Co., Ltd.</b></p><p><b>Why It Matters:</b>The comments come at a time when automakers around the globe are struggling with chip supplies and have been forced to halt production on a rolling basis.</p><p>Fisker has been&nbsp;sharing&nbsp;preorder numbers for the Ocean SUV. In April he claimed Ocean SUV has scored over&nbsp;15,000 bookings.</p><p>CNBC's Jim Cramer&nbsp;late last year comparedFisker CEO with<b>Nikola Corp’s</b>NKLAformer Executive Chairman&nbsp;Trevor Milton who hadstepped downafter short-seller allegations, highlighting the risk of investing in EV startups that have no production or sales.</p><p><b>Price Action:</b>Fisker shares closed 5% lower at $11.37 on Wednesday and were down 0.9% in after-hours trading.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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In April he claimed Ocean SUV has scored over 15,000 bookings.CNBC's Jim Cramer late last year comparedFisker CEO withNikola Corp’sNKLAformer Executive Chairman Trevor Milton who hadstepped downafter short-seller allegations, highlighting the risk of investing in EV startups that have no production or sales.Price Action:Fisker shares closed 5% lower at $11.37 on Wednesday and were down 0.9% in after-hours trading.","news_type":1,"symbols_score_info":{"FSR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105842127,"gmtCreate":1620292668869,"gmtModify":1634206330270,"author":{"id":"3581587307331467","authorId":"3581587307331467","name":"ppptt","avatar":"https://static.tigerbbs.com/d531e151cf66e5f50cc683fb8684eb8f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581587307331467","authorIdStr":"3581587307331467"},"htmlText":"Is","listText":"Is","text":"Is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/105842127","repostId":1182571574,"repostType":4,"repost":{"id":"1182571574","kind":"news","pubTimestamp":1620292269,"share":"https://www.laohu8.com/m/news/1182571574?lang=&edition=full","pubTime":"2021-05-06 17:11","market":"us","language":"en","title":"Fisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1182571574","media":"benzinga","summary":"Fisker Inc CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected b","content":"<p><b>Fisker Inc</b>&nbsp;CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.</p><p><b>What Happened:</b>The California-based company has no sales or cars in production yet and its first electric vehicle launch is in late next year.</p><p>\"NO Chip shortage&nbsp;at Fisker!,\" the company’s co-founder proclaimed in a&nbsp;tweet, adding that its strategy to develop software in-house and a CTO from the chip industry will help it skip the queue.</p><p>The EV maker competes with<b>Tesla Inc</b>, a company that once employed Henrik Fisker and even sued him over design secrets, and plans to begin production of its Ocean SUV at its European vehicle assembly facility in late 2022.</p><p>Fisker&nbsp;explained that the carmaker has lined up suppliers ahead of the next year’s launch and they are on target to deliver the company’s requirements.</p><p>The company is also developing a more affordable, sub-$30,000 electric vehicle that it plans to launch by the end of 2023 with the help of<b>Apple Inc</b>&nbsp;supplier<b>Hon Hai Precision Industry Co., Ltd.</b></p><p><b>Why It Matters:</b>The comments come at a time when automakers around the globe are struggling with chip supplies and have been forced to halt production on a rolling basis.</p><p>Fisker has been&nbsp;sharing&nbsp;preorder numbers for the Ocean SUV. In April he claimed Ocean SUV has scored over&nbsp;15,000 bookings.</p><p>CNBC's Jim Cramer&nbsp;late last year comparedFisker CEO with<b>Nikola Corp’s</b>NKLAformer Executive Chairman&nbsp;Trevor Milton who hadstepped downafter short-seller allegations, highlighting the risk of investing in EV startups that have no production or sales.</p><p><b>Price Action:</b>Fisker shares closed 5% lower at $11.37 on Wednesday and were down 0.9% in after-hours trading.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFisker, Which Won't Begin Production Until Late 2022, Says It's Not Hit By Chip Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/05/20981145/fisker-which-wont-begin-production-until-late-2022-says-its-not-hit-by-chip-shortage><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fisker Inc CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.What Happened:The California-based company has no sales or ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/20981145/fisker-which-wont-begin-production-until-late-2022-says-its-not-hit-by-chip-shortage\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSR":"菲斯克"},"source_url":"https://www.benzinga.com/news/21/05/20981145/fisker-which-wont-begin-production-until-late-2022-says-its-not-hit-by-chip-shortage","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182571574","content_text":"Fisker Inc CEO Henrik Fisker said on Wednesday the electric vehicle automaker will not be affected by the semiconductor chip shortage issue.What Happened:The California-based company has no sales or cars in production yet and its first electric vehicle launch is in late next year.\"NO Chip shortage at Fisker!,\" the company’s co-founder proclaimed in a tweet, adding that its strategy to develop software in-house and a CTO from the chip industry will help it skip the queue.The EV maker competes withTesla Inc, a company that once employed Henrik Fisker and even sued him over design secrets, and plans to begin production of its Ocean SUV at its European vehicle assembly facility in late 2022.Fisker explained that the carmaker has lined up suppliers ahead of the next year’s launch and they are on target to deliver the company’s requirements.The company is also developing a more affordable, sub-$30,000 electric vehicle that it plans to launch by the end of 2023 with the help ofApple Inc supplierHon Hai Precision Industry Co., Ltd.Why It Matters:The comments come at a time when automakers around the globe are struggling with chip supplies and have been forced to halt production on a rolling basis.Fisker has been sharing preorder numbers for the Ocean SUV. In April he claimed Ocean SUV has scored over 15,000 bookings.CNBC's Jim Cramer late last year comparedFisker CEO withNikola Corp’sNKLAformer Executive Chairman Trevor Milton who hadstepped downafter short-seller allegations, highlighting the risk of investing in EV startups that have no production or sales.Price Action:Fisker shares closed 5% lower at $11.37 on Wednesday and were down 0.9% in after-hours trading.","news_type":1,"symbols_score_info":{"FSR":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.34.6","shortVersion":"4.34.6","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1182571574"}