@SabriAmca1453 No, this claim is not true. It appears to be a distorted or fabricated story circulating on social media (e.g., Facebook and X posts), mixing partial truths with exaggeration or misinformation.
Canoo’s Oklahoma City Manufacturing Facility Achieves Final Activation as First Automotive Foreign-Trade Zone in the State of Oklahoma. https://t.co/Akk9ylO7og
The Fed’s policy-setting committee cut the federal funds rate by 50 basis points, the more aggressive move as consensus was split between a 25 or 50 basis-point cut. It’s the first cut to the federal funds rate since March 2020. https://t.co/CMxaGSNoe9
@CanooCrew Canoo withdrew its 2024 revenue guidance. The electric vehicle company after the bell said it is expecting third-quarter revenue between $100,000 and $1.2 million, as well as negative Ebitda between $30 million and $40 million. Shares fall 3.2%, to $1.21, in after-hours trading.
@zerochills As a police officer, you try to pull a traffic stop, and the driver flees. When the driver crashes from fleeing, the officer gets charged and prosecuted. The juice isn't worth the squeeze.