Canoo warns it may not have enough funds to bring EVs to market
TechCrunch
MAY 10, 2022
in after-market trading following the release of its earnings. Canoo’s net loss reached $125.4 million in the same quarter last year, with net cash used in operating activities totaling $120.3 with a market valuation of $2.4 with a market valuation of $2.4 It has since recovered and is now down more than 11%.
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