Canoo

TechCrunch reporter Sean O’Kane traces how David Stern pitched Jeffrey Epstein on investments in Faraday Future, Lucid Motors, and Canoo, drawing on newly released Justice Department files. The discussion says Epstein invested in none of the three, while Stern later invested in Canoo; emails show them weighing a potential Lucid investment and quick returns. The hosts also consider why people continued to engage with Epstein despite his known criminal past.

Feb 2026 · TechCrunchNews article

Canoo loses CFO Greg Ethridge and general counsel Hector Ruiz, who resign on October 31 amid a series of executive departures. Former investment banker Kunal Bhalla replaces Ethridge, while associate general counsel Sean Yan replaces Ruiz; Canoo also furloughs 30 Oklahoma workers for 12 weeks during a realignment of North American operations. The company reports $19 million in cash as of June 30, including $4.5 million unrestricted, and discloses another $2.7 million loan from a fund connected to CEO Tony Aquila.

Nov 2024 · TechCrunchNews article

Canoo faces two supplier lawsuits over unpaid drivetrain-related costs as its last remaining co-founder, Christoph Kuttner, leaves the electric-vehicle startup. Jing-Jin Electric North America alleges Canoo still owes $446,692.77 after payments stopped under a repayment plan, while Dana Limited seeks two $4.3 million cost-recovery payments tied to production delays. Filed in Michigan in September, the lawsuits come as Canoo reports just over $19 million in cash, including $4.5 million unrestricted, at June 30, 2024.

Sep 2024 · TechCrunchNews article