Investor’s Business Daily
‘Key Catalyst’ Could Drive Fisker To Break-Even By 2024: Analyst
Fisker should break even next year as it ramps up production and deliveries of its electric vehicles, Bank of America said. The premium EV startup, seeking to challenge Tesla and others, “offers investors pure-play exposure” to the rapidly growing market for electric cars, BofA analyst John Babcock wrote in a note to clients Tuesday. Fisker also has a lower-risk business model than peers and key milestones coming in 2024, Babcock said.