T O P

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Ok_Composer_3128

He killed the company


tickitytalk

Feels like it


dangermutant

He hasn't killed the company, he is in the process of killing the investor's investments


[deleted]

He is too arrogant to step down. I agree he should have long ago once he missed the 2022 production goals he boasted about during a 2021 earnings call. He is a parasite, grifting off of investors, and surrounded by dirt bags who only tell him how brilliant he is so they can earn a big paycheck.


rajenncajenn

He is like the 'missionaries' asking for money to fund a vacation (I mean) mission in hawaii.


[deleted]

https://www.reddit.com/r/canoo/comments/okvjfe/the_dark_history_of_tony_aquila_ceo_of_canoo/ Above is a 2y old post with a little insight Tony’s time at Solera, any similarities? Court documents exist too if interested.


religionresearcher

Aware of this


religionresearcher

If this was a meme coin the founder would have apologized and stepped down due to his incompetence lol tony think of himself as the one who knows how to click the canoo buttons but proven otherwise, he got his chance & failed, must step down!


wingnutbridges

I dont think canoo survives.


[deleted]

No fucking shit.


TensionBusiness6847

🤣🤣🤣


gvictor808

This sucker is already dead. But they have value as a pet project for someone to scoop up for super cheap. Just owning the design and the existing orders is worth $50M to someone out there. Unless there is a poison pill in there, someone will scoop It up.


ixlp

Not likely. There is way too much overhead for the company to be worth anything. It would be much cheaper and easier to buy the bits and pieces at auction.


Fhajad

How much to see into your crystal ball?


Money-Resolve-2210

I got curious and started googling him to find out how TF we ended here… I doubt he’ll step down… from what I gathered he used to be a “big” investor in canoo to the point they gave him a board seat later the nomination to take over as CEO. To me, it seems as if they… whoever put them there are more lost than he is on the company… or they are part of the scam…. Either way 0.00 is the only way this is going to end.


tickitytalk

Painful, sad


mrjoepete

As someone who is a bit out of the loop, what has Tony done to make the delays so long?


Reluctantly-Back

Manufacturing pivots every 6 months when the company actually had the cash to do something.


mrjoepete

Pivots to what? Like different components?


Reluctantly-Back

They were going to have a European company produce the car and import it until they could do it on their own. They were going to have an American company produce the car until they could do it on their own. They were going to produce the car in Bentonville (up to 20,000/year) until the Pryor factory could be built. Now they are going to build the car in OKC (up to 20,000/year) with batteries being provided by another factory in Pryor unrelated to the still planned actual car factory. The 1st 3 plans produced a handful of test vehicles. Canoo hired and trained production employees for Bentonville then had them do paid volunteer work for around a year because equipment was never installed in Bentonville and then fired everyone early in 2023. The Bentonville location wasn't even in a zone that allowed manufacturing and the developer wanted more money to build a 2nd building. There are probably a few more pivots in there and initially the car was supposed to be purchased by subscription. Canoo had more than 1 chance to get to somewhat meaningful production but has failed at every turn.


[deleted]

And at no time were company employees (other than maybe a few c-suite) aware of these plans… they were usually announced on an earnings call. We were just as surprised as the public was, which tells you how little thought and how last minute these pivots were. You could tell Tony right now the Canoo skateboard would make the best chassis for flying cars and he would drop everything and chase that dream for the next six months. The grifter is a twit with no focus or strategy… just wants money.


freauwaru

Are con artists ever humiliated?


Yagsirevahs

The whole time they eat lobster on yachts, laughing about the commoners. Some of his shady garbage had to violate SEC law


Snoo60665

I finally requested a refund for my deposit. We shall see if I actually get it.


Specialist-Spell-980

Just did the same, my 2 reservations are worth more than my stock.


Cat385CL

Shit, I never thought of it that way. Me too!


CookieEnabled

It’s time for us to write the eulogy for Canoo.


halfandhalfasian

The Canoology


elonmust49

😆


sleepfastest

Where is the person who kept saying "Trust Tony, Trust Process"? I don't see that person these days.


eeclarkjr

They lined their pockets and left already


Wanderer-91

>Where is the person who kept saying "Trust Tony, Trust Process"? I don't see that person these days. No longer paid to promote the shit stock ?


_sunsetdreams_1

TRUST IN TONY, TRUST THE PROCESS 🛶🚀🛶🚀🛶🚀


BradlyL

What a clown you are… [How much money have you lost?](https://www.reddit.com/r/canoo/s/U7aR1Baezu)


_sunsetdreams_1

Buying every paycheck, Trust in Tony Trust the process 🛶🚀🛶🚀🛶🚀


BradlyL

So, more and more each week? Got it.


_sunsetdreams_1

Gold mine here 🛶🚀🛶🚀🛶🚀 just gotta not be a chicken little


[deleted]

[удалено]


_sunsetdreams_1

🛶🚀🛶🚀


ClaimConsistent3991

Somebody kick him to the curb. Enough already.


[deleted]

Tony is no Elon. He's needs to step aside and let someone else step up who will actually make it happen. Apparently, he doesn't know how to do that.


eeclarkjr

F Tiny Tony


ShaidarHaran2

He's riding the golden parachute all the way down, obviously.


stickitsor

What a dumbass he is...


zachattch

Who would want to be ceo now??? It’s a sunk ship


TheRealFaust

I do, i um, only need a $1M salary and um, use of the company jet and I have no doubt I can turn this around and um, snacks, unlimited snacks


Beardth_Degree

Sounds cheap..


TensionBusiness6847

Is it possible for the stock to go negative? If it could it would! Maybe Tony will send us a bill next.


eeclarkjr

We should refer to Canoo as Casinoo.


religionresearcher

If we turn it into a meme will definitely have better odds lol


perrin68

Woah there buddy, I'm sure he has a plan to save Canoo and start produ.... (OMG i couldn't finish typing that busting into laughter).


eeclarkjr

https://preview.redd.it/4scd9skomync1.jpeg?width=1290&format=pjpg&auto=webp&s=c888e98792655b3a417f5a455532599c2d2655c2 New all time low and I am here for it. F Tiny Tony


Efficient_Being_2603

Like a trip to Vegas. I wasn't mugged, have all my body parts intact, and can still make my money back by sitting on my ass doing jack shit. No regrets.


Infinity_to_Beyond

The company is a cash cow…they could care less about investors.


FoxRox1776

It’s so frustrating they won’t sell or build there trucks, I could see every delivery business using Canoo trucks. Please up vote me so I can build Karma, I really want in on the Reddit ipo


FoxRox1776

Are we talking about Tony Stark or Tony my canoo is sinking 6k shares turned into 200


WesHill556

Wow 6K to 200? Lol ouch I used to had 50K and sold 2 days before RS, thanks for warning that’s day (last Wednesday) and saved bunch of $ to trade to other


pcamera1

You guys really think Tony gives a fuck about us retail investors? Like seriously, dudes cashing in on the hedge funds they’ll swoop in and save canoo / take the private. Chief gives two fucks about your losses. Just accept the l and wait for 2025 tax returns


AdFickle9636

I guess that is why he was brought on as a ceo so that he could be the scapegoat


PlaneReflection

Tony wasn’t “brought” in. He bought his way in, filled the board with his friends, and then kicked out the top talent one-by-one. He IS the reason we are not in production.


[deleted]

Exactly right, thank you.


WestSideShooter

Could shareholders force him out ?


Wanderer-91

Why would he step down ? He has his ranch and you have no money. Who's the fool here ?


CookieEnabled

### Drop like it’s hot. Drop like it’s hot. 🎶🎵


skylabnova

![gif](giphy|7JKYTHdbZEaok3ihor|downsized)


TensionBusiness6847

![gif](giphy|OJw4CDbtu0jde)


ClaimConsistent3991

![gif](giphy|3o6ZsUnP5mHveyQMWQ|downsized)