JohnJ
Elio Addict
Has anyone heard lately, any information that would indicate that Elio Motors is doing anything to develop and manufacture their car?
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You can register using your Google, Facebook, or Twitter account, just click here.Here's a few things to think about:Has anyone heard lately, any information that would indicate that Elio Motors is doing anything to develop and manufacture their car?
This is outrageous. And the worst part of it is... they're getting away with it.Here's a few things to think about:
Last Time we heard Paul Elio speak was in Shreveport Mid May in 2018
Last time we seen a glimpse of him was at that thing in Columbus, it was in April 2019
Last press release was around October 2021 (the Elio-E)
There was a 5 part series with someone emailing him around the same time. It was about the company
Company racks up about $17M in debt each year
Last time I figured it out, they were $230M in debt
They employ 2 people (Paul is one of them) and they eliminate all others at the end of 2016
Stock price is at a penny
Paul pays himself $250K/yr
So connect the dots. Zero information for a company that has produced lots of videos, pics, a website, stickers, t-shirts and 5 prototypes. Plus, raised around $110M doing so. I'm just waiting for them to declare bankruptcy as they can't keep this going for much longer. Once that's done. He can start a new project and wipe his hands clean of this adventure.
All they need is an investor and it will happen. Call Bill, the Saudis or Warren to get this thing going. Today, a mere billion will get it to production. With the electric version coming out first, the current reservation holders will have to wait a bit. That’s ok. Let the greenies fund the electric version. With a $7450 autocycle that gives 84mpg, it will sell like hotcakes. So just keep waiting, it’ll come around.This is outrageous. And the worst part of it is... they're getting away with it.
That all sounds great. The problem for me is that by the time it happens, I'll be too old to drive.All they need is an investor and it will happen. Call Bill, the Saudis or Warren to get this thing going. Today, a mere billion will get it to production. With the electric version coming out first, the current reservation holders will have to wait a bit. That’s ok. Let the greenies fund the electric version. With a $7450 autocycle that gives 84mpg, it will sell like hotcakes. So just keep waiting, it’ll come around.
Perhaps EM will have autonomous drive technology that will drive us to Dr. Appointments.That all sounds great. The problem for me is that by the time it happens, I'll be too old to drive.
" With a $7450 autocycle that gives 84mpg, it will sell like hotcakes. So just keep waiting, it’ll come around." I wonder if it will "come around". I keep thinking of Tucker and what happened to him. So far it looks like "they" didn't have to do much to muck it up, Paul Elio did that for them. But if Elio Motors ever started to look like and competitor (threat), I wonder what would happen.