EV startup Canoo’s 2024 revenue forecast disappoints, shares tumble

“🚘 EV startup Canoo’s 2024 revenue forecast disappoints, shares tumble 😞 $302.6 million net loss reported for 2020, down from $487.7 million the previous year. #Canoo #EVIndustry”

The company reported a net loss of $302.6 million for the year ended Dec. 31, compared with losses of $487.7 million a year earlier.

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