The Latest Breaking News from Fisker Inc

Fisker Inc. Class A Common Stock's (NYSE:FSR) short percent of float has fallen 4.1% since its last report. The company recently reported that it has 52.87 million shares sold short, which is 32.96% of all regular shares that are available for trading.

Electric Vehicle producer Fisker Inc (NYSE:FSR) has established its India headquarters in the southern city of Hyderabad. The company has started local hiring, and the new team is expected to be operational within weeks. Fisker Vigyan India Pvt Ltd, the company's operating entity, will focus on software development and embedded electronics, virtual vehicle development…

The electric vehicle industry has been booming over the past few years, thanks to strong demand driven by fluctuating crude oil prices. Supportive government policies and incentives amid growing environmental concerns are also driving the industry’s growth. Thus, Wall Street analysts expect the quality EV stocks NIO Inc. (NIO), Fisker…

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Fisker Inc. (NYSE: FSR) is the ultimate speculative stock, and "they’re going to lose money as far as the eye can see."