It is impossible to predict the future performance of any stock, and Canoo is no exception. However, Canoo’s recent business decisions suggest that the company is well-positioned to recover in 2023 and beyond. The company has recently taken steps to focus on the development of its electric vehicles, including its flagship product, the Canoo EV, as well as a partnership with Honda to develop an EV platform. Additionally, Canoo has recently secured a $1.2 billion investment from Volkswagen, as well as announced its intention to become a publicly traded company. These actions suggest that Canoo is well-positioned for a potential recovery in 2023, although the exact outcome is impossible to predict.