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Coda Automotive in Financial Trouble, Downsizes Workforce

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California electric car manufacturer Coda Automotive, maker of the all-electric Coda Sedan, is reportedly in some serious financial hot water, forcing the layoffs of 15% of the company’s workforce. The EV manufacturer has seen sales of its much-touted sedan slow to a trickle, reportedly moving less than 100 total units since the car went on [...]

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