FSR / Fisker confirms Foxconn will build its $29,900 Pear EV, but questions remain

The Federal Reserve held the federal funds rate steady again, which has some speculating about when the central bank may start reducing it. If the eco more_horizontal

Warnings from two separate companies shook Fisker and other EV stocks. Just last week, Fisker cut prices on its high-end EV. more_horizontal

Fisker is lowering prices on the Ocean Extreme, but raising them on its lower-priced models. Electric vehicle prices have come down substantially this more_horizontal

Fisker Inc (NYSE:FSR) shares traded lower on Monday morning after the electric vehicle (EV) maker slashed the prices of its Ocean Extreme SUV in the U more_horizontal

It's the latest electric vehicle maker to cut prices for its EVs. Investors don't like price cuts as it can signal less demand or more competition. more_horizontal

Fisker cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown more_horizontal

Fisker Inc. FSR, -4.73% said Monday it's cutting the price of its Fisker Ocean Extreme electric SUV by $7.500 to $61,499 from $68,999, effective immed more_horizontal

While we eagerly wait for the electric vehicle delivery numbers and quarterly results, it is important to keep in mind that several companies will dis more_horizontal