Beleaguered EV maker Fisker Inc. (NYSE:FSRN) is reportedly closing down its Manhattan Beach headquarters, and relocating employees to its La Palma site.
What Happened: The electric vehicle (EV) manufacturer has initiated the relocation of its Manhattan Beach, California office, Business Insider reported, citing three sources familiar with the matter.
This move comes amid a challenging period for Fisker, with the company’s financial situation deteriorating.
Some employees at the Manhattan Beach office have been informed of the relocation and have been asked to prepare for the move by collecting their belongings, the ...