Trouble in Tech: Fisker's Financial Misstep and Facebook's Secret Snooping
In a startling revelation this week, TC's auto reporter, Sean O'Kane, uncovered that EV startup Fisker faced significant turbulence as it momentarily lost sight of millions of dollars in customer payments. This glitch propelled the company into an exhaustive internal audit initiated in December, unraveling challenges tied to its rapid expansion in deliveries. This comes alongside news of the New York Stock Exchange eyeing Fisker's removal due to its “abnormally low” stock levels, casting shadows over its financial health.
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