Fisker Inc. Faces Production Pause and Financial Strain Amidst Debt Troubles

Fisker Inc., an electric-vehicle maker, has announced a six-week production pause to address its inventory and financial challenges. The company failed to make an $8.4 million interest payment on its convertible notes, raising concerns about potential bankruptcy. A major investor has committed to helping raise up to $150 million, while the company is still negotiating a possible deal with a big automaker.