Part 5/7:
Canoe
- Free Cash Flow: -$1.7 billion
Canoe has officially declared bankruptcy. Its ambition to produce eye-catching electric trucks fell short, leading to significant losses for investors.
Fisker
- Free Cash Flow: -$2 billion
Fisker has faced its share of challenges, resulting in bankruptcy and significant cash flow deficits.
Lucid
- Free Cash Flow: -$12.4 billion
Lucid's financial struggles are compounded by slow sales growth. While its product is well-regarded, the lack of profitability raises concerns about its sustainability.
The Dark Horses
Rivian
- Free Cash Flow: -$22.4 billion