Anyone Else Think It Wont Happen?

[Ian442]

is the 240 million or something what it takes to get this rolling out to the consumer ?

to some of the oil barons out there thats almost chump change . Here you have a product that has a lot of positives to it and definitely will reach a pretty good sized audience in the near future, yet still requires something you make your bread and butter on. Oil .

It runs on gasoline, it uses motor and transmission oils, brake fluid, rubber tires, plastic parts, all things derived from ... lets say it. Oil .

if someone whispered in Jerruh's ear over there at Jerryworld ... or T. Boone Pickens perhaps hey.

just a thought in the middle of the night at work .

 

[RMClubfitter]

I'm curious how people who went "all in" interpreted the level of risk with the adventure otherwise known as Elio. Did/do people expect the process of Elio getting off the ground to be like waiting for the new iPhone 7, or that there's a more significant gamble with a new company getting their product off the ground. Just curious.

Having been an accountant for small business all my life, and having seen a large majority of small business start ups fail, and having heard all kinds of start up dreams and sales pitches, I interpreted the level of risk very high (somewhere in the junk bond range). But I believed in the idea being presented by Paul (and still do), and believed in the way he was approaching getting this business off the ground (and still do), and seeing Paul's bulldog determination to make this work , I still think there is a better than average chance that we will be driving our Elio soon. I see this like, the bigger the risk the bigger the reward. I'm comfortable with my risk. If I lose my investment here I will still play golf tomorrow. I would very much like to see Paul succeed in getting his idea off the ground. More so for him than for me. I think the Elio's time has come. JMHO

 

[RUCRAYZE]

is the 240 million or something what it takes to get this rolling out to the consumer ?

to some of the oil barons out there thats almost chump change . Here you have a product that has a lot of positives to it and definitely will reach a pretty good sized audience in the near future, yet still requires something you make your bread and butter on. Oil .

It runs on gasoline, it uses motor and transmission oils, brake fluid, rubber tires, plastic parts, all things derived from ... lets say it. Oil .

if someone whispered in Jerruh's ear over there at Jerryworld ... or T. Boone Pickens perhaps hey.

just a thought in the middle of the night at work .

The LAST deep pockets to approach, would be "the oil Barons", next the automobile barons, this project is counter-productive to exactly what created their wealth. Their only financial position here would be a buy-out and make it disappear. Awhile back Chevy had (CRAFT) electric car, which they only leased (many to high profile people) as a "feeler" for EV's. EVERYONE who had 'em,loved 'em and at the end they collected ALL of them and crushed every one (saw a vid of folks protesting outside the fenced yard where they were stored before being squished) Took Tesla, to wake 'em up. Also saw a vid of the executive who showed off the Volt who confessed that his past decision was wrong.

 

[John Painter]

Ok, is this what it looks like it is?

 

[tonyspumoni]

The LAST deep pockets to approach, would be "the oil Barons", next the automobile barons, this project is counter-productive to exactly what created their wealth. Their only financial position here would be a buy-out and make it disappear. Awhile back Chevy had (CRAFT) electric car, which they only leased (many to high profile people) as a "feeler" for EV's. EVERYONE who had 'em,loved 'em and at the end they collected ALL of them and crushed every one (saw a vid of folks protesting outside the fenced yard where they were stored before being squished) Took Tesla, to wake 'em up. Also saw a vid of the executive who showed off the Volt who confessed that his past decision was wrong.

What make this little shindig so attractive for consumers is exactly what is making it so hard to fund. Low margins. Capital flows to where it thinks it can get the biggest return, and usually the biggest, quickest bump. Why sell 10 Ford Escorts when you can make the same handsome profit on 1 Porsche 911 GT3? Paul has played a risky but brilliant hand here. He has made himself critical to the project by naming it after himself. He has toured his prototype and whipped a million people into a frenzy, even inducing some of them (like me) into parting with cold, hard cash. He has adamantly said "$6800, 84 mpg", leaving others almost zero room to explore the notion of what people would really pay. If he wins, he wins big and we win. If he loses, it will be precisely because of his rigid adherence to his principals. Although I stand to lose some money, I view it as a ticket to the show, which has been extremely provocative.

 

[BlioKart]

Ok, is this what it looks like it is?

View attachment 4577

Yes its the Elio engine on some sort of test rig

 

[John Painter]

Jerome told me that there won't be a P5. The P4 with a few changes is the "P" production model. I haven't heard of a E5. I have heard Paul say the autocycle is "E" for everyone... as in Elio. If there is info on the subject of a E5 it would be good to read.

I know what a G5 is. "no more making you cry, no more them gray skies girl we flying on the G-5 G-5"

 

[John Painter]

Yes its the Elio engine on some sort of test rig

Dyno testing? Who are the kids?

 

[BlioKart]

I know what a G5 is. "no more making you cry, no more them gray skies girl we flying on the G-5 G-5"

Like a G6?

 

[BlioKart]

Dyno testing? Who are the kids?

Supposedly maybe its getting ready for its run. No idea not sure just that it was posted on FB. Natural assumption is they are students as they look barely old enough to drive.