this post was submitted on 27 Jan 2025
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Unlike what the title would suggest, the "moving to Texas" part was basically immaterial to the company's failure.
They never had any product to ship to begin with and were basically subsisting on loans and venture capital money to continue bullshitting with a theoretical product. Add in some dodgy regulatory practices resulting in fines from the Government and questionable business practices. When the funding dried up, they withered like a sponge in the California (or Texas) sun.
Fuck Texas
My takeaway as well! Canoo can go eat a dick, but Texas can go eat a huge dick
I am confused: why should Texas be rewarded with dick-meat? Should they not rather eat excrement?
Didn't you hear? "Gay" is synonymous with "bad".
perhaps the move to a human-hostile environment such as texas cost them some good employees.
The entire point of my comment was to indicate that this had seemingly little to no impact on the company's success. Even the best employees in the world can't save a company that is shipping no product and run by idiots.
Reading the article, that doesn't seem to have had the slightest impact on this. They tanked because of shitty and sketchy management
It couldn’t have helped, at least.
The person already said it wasn't because of that, no need to "perhaps" by disregarding the effort they went to.