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home / news releases / GOEV - Canoo: A Sinking EV Maker Investors Should Don Lifejackets

GOEV - Canoo: A Sinking EV Maker Investors Should Don Lifejackets

Canoo Inc.
  • A precarious cash position and ramping costs make Canoo’s “Lifestyle” van unlikely to reach production.
  • The company’s prototype factory just broke ground in February; volume production site remains wishful thinking.
  • Investor appetite for pre-revenue EV companies seems increasingly indifferent to news and announcements.
  • A 70% or more downside potential exists over the next 12-18 months.

For further details see:

Canoo: A Sinking EV Maker, Investors Should Don Lifejackets
Stock Information
Company Name: Canoo Inc.
Stock Symbol: GOEV
Market: NASDAQ
Website: canoo.com
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