Henrik Fisker Calls Out Morgan Stanley Analyst to Correct Research Report

Morgan Stanley Analyst Rating Fisker Stock

Fisker requests Adam Jonas and Morgan Stanley to correct their latest research report citing incorrect modeling and assumptions.

Adam Jonas, highly respected automotive industry analyst, of Morgan Stanley.

Today, Henrik Fisker took to Instagram to call out Morgan Stanley analyst Adam Jonas. This research report from Adam Jonas of Morgan Stanley put pressure on Fisker shares last week. According to Fisker, Jonas published a research report last week using incorrect modeling and assumptions.

Adam Jonas, the author of the research report, is a veteran automotive analyst from Morgan Stanley that covers Fisker shares. In the report Jonas said, “We now assume Fisker raises $1 billion in 4Q 2022 at the current share price of $10/share, compared to a $1.5 billion debt raise in Fiscal Year 2023 that we modeled previously, creating substantial dilution.”

During the Q2 2022 earnings call last week Jonas asked a couple of questions and Fisker management responded. The next day, Jonas published a research report using incorrect modeling and assumptions. It went completely against what Fisker management shared on the earnings call.

As a result, Morgan Stanley downgraded Fisker shares to an Equal Weight. The brokerage firm issued a 12-month target price of $10/share. Henrik tells us that Fisker notified Morgan Stanley and is awaiting a response.

Changes to Latest Fisker Investor Presentation

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1 thought on “Henrik Fisker Calls Out Morgan Stanley Analyst to Correct Research Report

  1. Tesla is already throwing in the towel by using a BYD battery. No big mouth Also BYD is owned by Warren Buffett. A very congenial man. A 50,000 car first run is a total disaster.
    An embarrassing Act 1. Act 2. Trevor Milton? Billions in his bank account. Huge spread in Mormon Con Game Land Utah. Give me $5,000 or no car? Nothing to drive or see? Pulling a non operational Nikola truck. 450 employee payroll? No car plant. What do they do all day? Visit NOBU in Malibu? Brunch at Four Seasons in Montecito? Massages at The Paso Robles Chateau? Only $89.00 per person. So cheap. We all remember Enron, Karma, Mozillo & Countrywide. My take on EVs v Hydrogen? Hydrogen is taking over Europe & Asia. EVs are not the end game. H is.

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