Fisker (FSR) - The best positioned new EV automaker.

After looking through all of Fisker's financials and goals I have concluded they are positioned very well to dominate in the affordable EV space. With their unique business model of sending production to well-known manufacturers, they can be very asset-light to spend on R&D on future products. While this does bring some sort of risk, I believe this risk is outweighed by the massive potential this company has in late 2022.  The partnership with Foxconn to mass-produce a vehicle for just under $30,000 is a very smart business move by Fisker. They not only get a highly reputable business partner and manufacturer but also enter a completely different market. The recent $625 mil convertible stock offering was a great way to raise funding for this project in the best possible way of minimizing dilution of shareholders.

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Hudson

Aug 25, 2021

-3.98%

Change % Since Posting

14.06

Price When Posted

-0.56

Change Since Posting

FSR

Fisker Inc - Class A

13.50

0.00
0.00%
Current Price

Fisker (FSR) - The best positioned new EV automaker.

bullish

After looking through all of Fisker's financials and goals I have concluded they are positioned very well to dominate in the affordable EV space. With their unique business model of sending production to well-known manufacturers, they can be very asset-light to spend on R&D on future products. While this does bring some sort of risk, I believe this risk is outweighed by the massive potential this company has in late 2022. 

 

The partnership with Foxconn to mass-produce a vehicle for just under $30,000 is a very smart business move by Fisker. They not only get a highly reputable business partner and manufacturer but also enter a completely different market. The recent $625 mil convertible stock offering was a great way to raise funding for this project in the best possible way of minimizing dilution of shareholders.

 

 

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1 min

28.00

Target Price

9/ 10

Confidence

1-3 Years

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