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Canoo spent more on private jet than its revenue amid cash problems
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Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO amid a capital shortage and waning EV demand.[...]
Apr 03, 2024 12:08pm | 5 views | source: Bing / Automotive News
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Despite incentives from Oklahoma, Canoo says it expects 'continuing losses for the foreseeable future'
Jet | oklahoma |
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Electric vehicle company Canoo set up shop in Oklahoma last year, when it opened a manufacturing plant in Oklahoma City and a battery facility in Pryor. A new regulatory filing shows the company is on ...[...]
Apr 03, 2024 03:00am | 6 views | source: Bing / KOSU
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A fledgling EV startup blew way more money than it made on private jet flights
Jet | oklahoma |
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EV startup Canoo ( GOEV) - who is known for producing passenger vans, commercial vans, as well as vehicles for NASA's Artemis program, has been raking in the losses and spending way more than it takes ...[...]
Apr 04, 2024 2:26pm | 8 views | source: Bing / TheStreet.com on MSN
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EV Company Canoo Spent Double Its Annual Revenue on CEO's Private Jet in 2023
Jet | oklahoma |
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The electric vehicles startup has sold very few actual cars but has apparently spent over a million dollars on its top executive's air travel.[...]
Apr 03, 2024 6:00pm | 11 views | source: Bing / Gizmodo on MSN
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