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Canoo is paying CEO's other company millions in private jet fees.

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Canoo is paying CEO's other company millions in private jet fees.

According to Canoo's latest earnings, the struggling EV startup spent $1.7 million on private jet reimbursements for CEO Tony Aquila in 2023, against the $886,000 in revenue it generated that year. A further $1.3 million and $1.8 million in 2022 and 2021 respectively, was paid to Aquila Family Ventures for the jet hires — a company owned by the CEO.

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Canoo is paying CEO's other company millions in private jet fees.

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Canoo is paying CEO's other company millions in private jet fees.

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