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Fisker Electric Car Maker Chapter 11 Filing: Key Points

On: June 21, 2024

Fisker, the electric car maker, has filed for Chapter 11 bankruptcy protection. This means the company is trying to restructure its debt and finances in order to stay in business. The impact on Fisker Ocean SUV owners is significant but uncertain. The car itself should still run and drive, butContinue Reading

Tesla Now Worth $110 Billion Less Than

On: February 6, 2024

In: Blog, News

Investors are shifting from Tesla to Eli Lilly as the latter’s diabetes and weight loss drugs rake in huge profits. Tesla’s market value dropped by $210 billion (27%) in the first five weeks of 2024, while Eli Lilly’s rose by $140 billion (23%). Eli Lilly’s shares surged 5% on strongContinue Reading

This material is intended for information purposes only and does not constitute investment advice, a recommendation, or an offer or solicitation to purchase or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of October 2023 and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. In the U.S., this material is intended for public distribution.

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