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Why Canoo Could Be a 10X Stock in the Making

TheMotleyFool

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Why Canoo Could Be a 10X Stock in the Making: https://g.foolcdn.com/editorial/images/760825/car-being-charged-outside.jpg

Shares of Canoo (NASDAQ: GOEV) have struggled lately as the company runs tight on cash, but there's potential growth ahead. Shipments of vehicles have begun, and funding is being tapped from a variety of sources.

In this video, Travis Hoium covers the risks and rewards for Canoo, which has a chance to be a top-performing electric vehicle (EV) stock in 2024.

*Stock prices used were end-of-day prices of Jan. 9, 2023. The video was published on Jan. 9, 2024.

Source Fool.com

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