Canoo CEO just dropped a brutal bankruptcy warning, shocking all the car makers, and leaving all investors in disbelief! Canoo could soon be going bankrupt, and the real reason behind this might truly shock you!

So, what’s going on with Canoo? Over the past couple of years, they've managed to burn through a whopping $800 million of investor cash. And guess what? In 2023, they only delivered 22 vehicles. Yep, just 22 cars for a total of 882,000 in sales. Ouch! That’s not even the worst part; they also reported a staggering loss of $32 million. Now, their CEO, Tony Aquila is saying that unless they get a fresh influx of cash, chances are that Canoo might go bankrupt!

#canoo #pickuptruck