A lot of investors following Canoo (GOEV 2.59%) view it as a potential lottery ticket. And in some ways that's true, with either losing money or a very small chance at being a big winner the two most likely outcomes. In this video, Motley Fool contributors Jason Hall and Tyler Crowe walk investors through some recent events, what they mean, and their expectations.

*Stock prices used were from the afternoon of Jan. 9, 2024. The video was published on Jan 13, 2024.