Canoo spent double its annual revenue on the CEO’s private jet in 2023

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Tucked inside Canoo’s 2023 earnings report is a nugget regarding the use of CEO Tony Aquila’s private jet — just one of many expenses that illustrates the gap between spending and revenue at the EV startup. Canoo posted Monday its fourth-quarter and full-year earnings for 2023 in a regulatory filing that shows a company burning […]

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