GOEV - Why Buying This EV Stock Could Be a Huge Mistake
2023-03-05 11:07:00 ET
It's undeniable that electric vehicles are taking the world by storm. But not all EV companies will be winners, and Canoo (NASDAQ: GOEV) in particular looks like it's in a lot of trouble. Before buying shares just because they look cheap, see what Motley Fool contributors Jason Hall and Tyler Crowe have to say in this video. Short version: It's running out of money, and running out of options to raise more in shareholder-friendly ways.
*Stock prices used were from the afternoon of Feb. 16, 2023. The video was published on March 5, 2023.
For further details see:
Why Buying This EV Stock Could Be a Huge Mistake