Fisker Reaches Major Milestone

Fisker Reaches Major Milestone

Fisker built its first Fisker Ocean on the high volume production line at Magna Steyr hitting a major milestone in company history.

Today, Fisker did something that every automotive startup company hopes to achieve some day. The company built its very first Fisker Ocean on the high volume production line at Magna Steyr. Fisker achieved this major milestone and investors rewarded the company. Investors bid up the company’s stock on the news. Fisker shares closed flat on the day at $8.88 while the stock market crashed.

Magna and the Fisker Ocean
Fisker and Magna teams gather around the first Fisker Ocean built on the high volume assembly line in Graz, Austria.

Yes, the stock market crashed today. Investors sold everything, especially tech stocks, after the release of August inflation numbers. Fears of higher interest rates ensued. The Nasdaq was the worst of the major averages down -5.16%. The S&P 500 fell -4.32% and the Dow dropped 3.94%. Today marked one of the worst trading days we’ve seen in a very long time. It was a blood bath on Wall Street and Fisker escaped the carnage.

Yesterday, Henrik shared the first production intent vehicle was being assembled on the high volume production line. Then, this morning Henrik took to social media again and said, “First Fisker Ocean built on the high volume line! Now, we start building some marketing vehicles before the November SOP!” We all should have seen this one coming. Congrats to Fisker, Magna, and all stakeholders that played a part in achieving this major milestone.

Premium Articles

Reserve Your Fisker Ocean

You can reserve your Fisker Ocean or PEAR by visiting Use referral code DDK87H.

Fiskerati Forums

Connect with Fisker enthusiasts on Fiskerati Forums to ask questions and discuss topics about the Fisker Ocean, PEAR, and RŌNIN supercar.

Fiskerati Mobile Apps

Download the new Fiskerati app on Apple App Store and Google Play.

Connect with Fiskerati

Questions? Partnerships? Have a tip?
Reach out – we are new and open to collaboration. We are looking for two or three site sponsors. Get in touch by sending an email to [email protected].

Follow Us
Twitter, Facebook, YouTube, and Google News.

Fiskerati Newsletter
Get our free newsletter This Week In Fisker direct to your email inbox!

You Might Like

What are your thoughts?