Comment on Canoo spent double its annual revenue on the CEO’s private jet in 2023
Ilovethebomb@lemm.ee 7 months ago
They’re a startup that doesn’t yet have a vehicle in full scale production, so any expense will look big in relation to their revenue.
Having said that, a mil and a half for jet rental is pretty bad.
jqubed@lemmy.world 7 months ago
If it’s “only” a million and a half that’s probably not a tremendous amount for a vehicle manufacturer, but it also seems like with no real production yet it might’ve been better to mostly fly commercial and save the charters for when the commercial schedules were really bad.