Ev Startup Canoo Is Running Out of Cash and Doubtful About Its Future
Canoo, the struggling electric vehicle startup, thinks it’s about to run out of money. In stark terms, the company reports that it only has enough cash to last another quarter and is unsure whether it will be able to stay afloat beyond that. “As of the date of this announcement, we are reporting that there is substantial doubt about the Company’s ability to continue as a going...
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