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
The CEO leased the jet from himself with company funds? How is that even legal? How can the investors expect to get anything from this company when the CEO is so blatantly sucking the company dry?
It’s probably legal, but very dumb thing to do if you want to keep investors on board. It should be up to the investors to demand that money back.
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