Canoo should advertise itself as the chameleon, the transformers, the alien 👽 Style disrupt the car industry like traditional car looking. The minimalist, the techy, trendy, or the perfect family first class lounge room on the wheels! Imagine with the Autonomous driving, it’d be a mobile hotel, after a night sleep, wake up in Key west in the morning. Or the Hot Food Truck Co, meals on wheels haha😂
They have been showing that bigger, boxier version for a while, particularly hyping it as a food truck. The idea of a round nose with a square butt is interesting. Not as cute, but could probably hold my bicycle better?
@@wheresPaunch When the company announced its performance in the first quarter of 23, it said that there were still too many shortcomings in vehicle production, but is that supplemented? The cost of production must be very burdensome, but has the funds been secured? There are some frustrating parts from the shareholders' point of view because there are no canoe articles
EV startup Canoo Inc has been fined $1.5 million by the US Securities and Exchange Commission (SEC), Reuters reports. The fine relates to what regulators allege were “reporting failures” related to Canoo’s unreasonable revenue projections, which chalked up to hundreds of millions of dollars. Canoo’s former CEO Ulrich Kranz and Paul Balciunas, its former chief financial officer misled investors, the SEC said. The investigation started in April 2021 The lawsuit alleges both men told investors that the firm had a projected revenue of $120 million in 2021 and $250 million in 2022. The SEC said these numbers were unrealistic.
