Why Electric Vehicle Maker Fisker Triumphed Today
Electric vehicle (EV) maker Fisker (NYSE: FSR) was an electric stock on Monday, accelerating more than 9% higher. Never short of ambition, the company set a lofty target for itself that obviously resonated with investors.
Fisker, which like EV top dog Tesla concentrates on higher-end models, said it aims to produce an entirely climate-neutral automobile by 2027. And the company is determined to do this without offsets, a common technique for businesses to reduce their carbon footprints. Instead, Fisker said, it will do this by building its cars with climate-neutral materials, and using climate-neutral services.
Image source: Fisker.
Source Fool.com
