Canoo spent double its annual revenue on the CEO’s private jet in 2023
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 […] © 2024 TechCrunch. All rights reserved. For personal use only.
![Canoo spent double its annual revenue on the CEO’s private jet in 2023](https://techcrunch.com/wp-content/uploads/2022/07/canoo-walmart-arkansas.jpg?resize=1200,670)
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 […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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