Fisker Says Deal Talks End, Adding Pressure to EV Maker
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Fisker, an electric-vehicle startup, announced that its negotiations for a partnership with a major automaker have ended. This development has raised concerns about Fisker’s financial situation. The automaker, which was not named, terminated the talks last week. Fisker is now considering various strategic alternatives, such as restructuring either in or out of court, as well as selling assets.