Coda Circling The Drain With More Layoffs, Slashed Prices

It always sucks to see an innovative company with great ideas go under, and the green energy movement has had its fair share of casualties. But in all honesty, we don’t think anybody is surprised to see electric car maker Coda struggling to make any headway with their Chinese-built EV. With news of more layoffs and dealers slashing prices by 40%, it seems as though the writing is on the wall for Coda.

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CODA Announces Layoffs, Struggles To Make Any Sales

The Internet has a penchant for drama, and so it was yesterday that a story made the rounds that electric car maker CODA had announced “massive” layoffs…of 50 people. Ok, maybe not so massive, but things are still looking grim for the struggling EV maker and their bland sedan.

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