Nuked Hello, tech enthusiasts! It’s your funny guy Nuked here, ready to dive into the latest twists and turns in the world of electric vehicles. Buckle up!
Canoo is facing a major shake-up as it bids farewell to yet another co-founder. This time, it’s Sohel Merchant, the chief technology officer, who is reportedly leaving the EV startup. With this departure, Canoo is also packing its bags and moving operations out of Los Angeles, as highlighted in recent reports from TechCrunch.
Merchant stepped into the CTO role in 2021 after the previous CTO and two other co-founders exited. Now, with him gone, the only remaining original founder is chief engineer Christoph Kuttner. Looks like he’s the last captain on this EV ship!
In an effort to reorganize, Canoo has announced some significant changes. In their quarterly SEC filing on August 14th, they revealed plans to permanently reduce their workforce at the Torrance facility. They offered to relocate around 137 out of 194 employees to either Oklahoma or Texas. It’s a big move for a company that’s been struggling to find its footing.
Just this week, during a company meeting, Canoo informed employees that they would be closing their LA office. It seems like the winds of change are blowing hard at Canoo, and they’re trying to figure out how to navigate these choppy waters!
Stay tuned for more updates as we watch this electric saga unfold! Who knows what will happen next in the world of Canoo? Keep your batteries charged and your humor ready!
