The founder and CEO of Fisker told CNBC on Thursday that the electric-vehicle startup is trying to do more than just swipe market share from Tesla.
Henrik Fisker made the comments in an interview on "Mad Money," one day after his company announced it had inked a key production deal with Foxconn Technology Group.
"At the end of the day, we're not out here just to go and take Tesla customers away from Tesla," Fisker told host Jim Cramer.
That's great, but we really want to do an alternative," Fisker said, touting the Ocean as a true SUV.
Fisker, which last year went public through a reverse merger, saw its stock close down 4.43% Thursday to $21.58 per share.