this post was submitted on 27 Jan 2025
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[–] NateNate60 117 points 3 days ago* (last edited 3 days ago) (2 children)

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.

[–] just_another_person 51 points 3 days ago (1 children)
[–] frunch 34 points 3 days ago (1 children)

My takeaway as well! Canoo can go eat a dick, but Texas can go eat a huge dick

[–] [email protected] 5 points 3 days ago (1 children)

I am confused: why should Texas be rewarded with dick-meat? Should they not rather eat excrement?

[–] [email protected] 4 points 2 days ago

Didn't you hear? "Gay" is synonymous with "bad".

[–] [email protected] 11 points 3 days ago (4 children)

perhaps the move to a human-hostile environment such as texas cost them some good employees.

[–] NateNate60 24 points 3 days ago

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.

[–] [email protected] 21 points 3 days ago* (last edited 3 days ago)

Reading the article, that doesn't seem to have had the slightest impact on this. They tanked because of shitty and sketchy management

[–] [email protected] 5 points 3 days ago

It couldn’t have helped, at least.

[–] ABCDE 4 points 3 days ago

The person already said it wasn't because of that, no need to "perhaps" by disregarding the effort they went to.