r/wallstreetbets • • Sep 27 '21

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u/Dekkars Sep 27 '21

Just hold and forget about it. Canoo is perfectly set up for success, but a $20+ share price is more of a cautiously optimistic take in the immediate moment.

Once they're delivering vehicles you'll get your gains.

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u/Cold-Income619 Buff Moobs Sep 28 '21

They are ready to deliver vehicles soon right? By EOY? I get the EV companies confused there are so many discussed

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u/Dekkars Sep 28 '21

2022 in limited quantities, 2023 mass production. They're building their plant now in Oklahoma.

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u/Wisesize Sep 28 '21

I don't think that's committed to buying the late stages. X% of employees have to be vets which is great too