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

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BrikoX ( @BrikoX@lemmy.zip ) M

Technology@lemmy.zipEnglish • 7 months ago

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

BrikoX ( @BrikoX@lemmy.zip ) M

Technology@lemmy.zipEnglish • 7 months ago

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

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

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

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Ilovethebomb ( @Ilovethebomb@lemm.ee )
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4•7 months ago
They’re a startup that doesn’t yet have a vehicle in full scale production, so any expense will look big in relation to their revenue.

Having said that, a mil and a half for jet rental is pretty bad.

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