The Fly

Fuzzy Panda short Fisker, says ‘asset-light’ model really ‘liability-heavy’

Fuzzy Panda Research said it is short Fisker (FSR), stating in a report on its website: "Henrik Fisker reminds us of Trevor Milton from Nikola and SBF from FTX. All three are charismatic leaders that have shown they are willing to lie and obscure the truth to get what they want. We thought Henrik’s story was too good to be true. And it turns out it is. We learned the truth of what happened to lead to the Henrik’s first bankruptcy. We don’t think he learned from those mistakes and is actually repeating many of the same ones. We think Fisker’s ‘asset-light’ business model could be better described as ‘liability-heavy.’" Reference Link

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