Canoo warns it may not have enough funds to bring EVs to market

Canoo’s first-quarter earnings shows a company burning through cash, no near-term revenue and a warning that it may not have enough money to stay in business.
Shares of Canoo, which were down 5% Tuesday, fell another 17.5% in after-market trading following the release of its earnings. It has since recovered and is now down more than 11%.
Canoo has had a tumultuous and short history. The company’s vehicle designs, the first of which debuted in spring 2019, garnered praise and made it a buzzy EV startup. Just last month, Canoo was even selected by NASA to build the ground crew transp

リンク元