Here's How Canoo Is Different From Other EV Companies

By Parkev Tatevosian, CFA – Jun 8, 2023 at 4:15AM

NASDAQ: GOEV

Canoo

Market Cap

$187M

Today's Change

(-8.52%) -$0.27

Current Price

$2.90

Price as of April 24, 2024, 4:00 p.m. ET

Canoo's strategy could lower risk at a time when the cost of capital for business is rising.

Fool.com contributor and finance professor Parkev Tatevosian elaborates on how Canoo's (GOEV -8.52%) unique go-to-market strategy sets it apart.

*Stock prices used were the afternoon prices of June 4, 2023. The video was published on June 6, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.