Electric car company Fisker files for bankruptcy protection

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Create your free profile or log in to save this article Create your free profile or log in to save this article Fisker on Monday became the latest all-electric vehicle startup to file for Chapter 11 bankruptcy protection amid lackluster consumer demand, significant cash burn and operational and product issues. For investors, the writing’s been on the wall for some time as Fisker issued a going concern warning about its ability to continue as a company in February, leading its charismatic founder and CEO Henrik Fisker to disappear from social media and the limelight. It’s the latest in a series...