Electric-Vehicle Startup Fisker Misses on Revenue, Losses Expectations

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Company previously set production target of at least 20,000 vehicles but didn’t provide new guidance

Electric-vehicle startup Fisker delivered a disappointing third quarter, missing analysts’ expectations on revenue and losses and leading the stock to tumble in after-hours trading.

The Manhattan Beach, Calif.-based startup last week delayed its quarterly report to Monday afternoon, attributing the change to the departure of its chief accounting officer in late October. Fisker said a new chief accounting officer began work this past week. 

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