The prototype of an electric vehicle from Canoo
The prototype of an electric vehicle from Canoo is on display at the CES technology trade show in Las Vegas, 2022.
  • Canoo spent $1.7 million on CEO Tony Aquila's private jet bills, twice its 2023 revenue.
  • The EV maker lost $302 million last year, struggling in an industry facing slowing demand.
  • Investors often scrutinize private jet spending, especially when a company is in trouble.

Electric vehicle company Canoo spent twice as much on its CEO's private jet trips as it brought in last year.