Canoo under fire for private jet usage of its chairman
April 10, 2024
American EV startup Canoo paid $1.7 million for CEO Tony Aquila’s private jet bills, twice its total revenue last year. According to its earnings report released this week, Canoo lost $302 million in 2023 and is urgently looking for new investors. Aquila, who is also the company’s chairman, owns about 14% of Canoo. In 2022, […]