Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Canoo is dead (electrek.co)

submitted 2 weeks ago by baggachipz to c/[email protected]

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Not really surprising, but sad to see.

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[–] [email protected] 39 points 2 weeks ago (2 children)

You could argue that the employees should also be held accountable for happily collecting paychecks without actually producing anything this whole time, but that’s a conversation for another day.

Are you kidding me!? Workers are supposed to be liable for part of the blame despite not having decision-making power to steer the company?? If things had gone better and the company was wildly successful, would employees have received shares of the profits...?

[–] [email protected] 6 points 2 weeks ago

If things had gone better and the company was wildly successful, would employees have received shares of the profits...?

Sarcasm incoming:

Sharing‽ Sounds like commie bullshit to me! /S

(It's sad that I have to put so many explicit qualifiers, but that's the world we live in, now.)

[–] [email protected] 3 points 2 weeks ago

There's a decent chance some salaried employees got stock grants. It's great if you're at Nvidia. If you're at Canoo, though...

But yeah, the failure is ultimately on leadership. And I'm sure the founders will make some kind of excuse and move on to get funded for their next failed venture.