Filed under: Earnings/Financials,GM,Emerging Technologies,Autonomous Vehicles
Continue reading GM's Cruise valuation slashed by more than half, adding to woes
GM's Cruise valuation slashed by more than half, adding to woes originally appeared on Autoblog on Fri, 1 Mar 2024 10:41:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Fisker is in talks with an unnamed "large automaker" for a potential investment, development of one or more EV platforms, and North American manufacturing. The announcement, first reported by Automotive News, came directly from Fisker's fourth-quarter 2023 earnings report Thursday. The company reported a $463 million net loss for the quarter...