Why did Fisker stock slide on Friday? Tesla price cuts rattle EV startups (NYSE:FSR)

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Fisker Inc. (NYSE:FSR) was a notable decliner among EV startups on Friday after Tesla (TSLA) trimmed prices and put added pressure on as-of-yet unprofitable competitors.

Shares of the California-based automaker fell 9.69% on Friday, leading declinesRIVNLCIDMULN

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