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Why Shares of Fisker Are Driving Higher Today

TheMotleyFool

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Why Shares of Fisker Are Driving Higher Today: https://g.foolcdn.com/editorial/images/732883/driver-uses-a-smartphone-while-waiting-for-an-ev-to-charge.jpg

After reversing more than 3% yesterday, investors are shifting gears and driving shares of Fisker (NYSE: FSR) higher today. Fueling the bulls' buying activity today is a Reuters article that focuses on the electric car company's efforts to scale up production.

As of 3:50 p.m. ET, shares of Fisker are up 5.3%.

Uninterested in driving in the slow lane, Henrik Fisker, the company's CEO, indicated to investors that he's open to partnering with other companies to get drivers behind the wheels of Fisker's electric vehicles faster. At the Reuters Automotive Conference, underway this week in Munich, Henrik Fisker stated:

Source Fool.com

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