...Source: [ Ссылка ] Transcript: Per *InsideEVs*, Canoo is furloughing nearly 25% of its workforce, affecting around 30 employees. The furlough will last at least 12 weeks, with impacted workers losing health insurance by the end of November. This comes as part of Canoo’s move to Justin, Texas, and a broader realignment of its operations.

Canoo has been struggling financially. The company sold only 22 vehicles in 2023 and has just $4.5 million in cash. Despite government contracts with agencies like NASA and the U.S. Postal Service, Canoo’s stock has plummeted from $400 in 2020 to just $0.40.

The company is in a precarious position, needing either to sell more vehicles or raise capital to survive through next year.

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