The fate of Fisker Automotive has been hanging for months, but now an offer for the company has been “signed” and is “on the table.”
Electric car manufacturer Tesla’s stock jumped in after-hours trading today after the company announced the first quarterly profit in the its 10-year history and record sales of over half a billion dollars in the first quarter of 2013.
Editor’s Pick “Fisker spent a stunning $900,000 for each vehicle it produced,” PrivCo chief executive Sam Hamadeh told me. “Then they sold them to dealers for an invoice price of just $70,000.”
Apparently, it’s not easy starting a brand new car manufacturing company.