Shareholders of electric-vehicle (EV) maker Fisker (NYSE: FSR) haven't had much to smile about in recent months. The company has experienced numerous headwinds since it began producing and delivering its first vehicle, the fully electric Ocean SUV.

The company has changed its sales and distribution model due to high costs and delivery issues from its contractor's manufacturing facility in Europe. It also recently acknowledged a National Highway Traffic Safety Administration (NHTSA) scrutinization of braking system complaints from some customers. That all led to Fisker stock hitting an all-time low last week.

But the company has responded to those prior issues and is now giving investors a reason to cheer today. After announcing new financial agreements with an investor, Fisker shares exploded higher by as much as 40% to start the trading week.

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Source Fool.com