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Anyone Else Think It Wont Happen?

pistonboy

Elio Addict
In the reservation agreement, it says under Item 2, second sentence: “This Agreement does not constitute an agreement for the sale of a vehicle and does not lock in pricing, a production slot, or an estimated delivery date.”

It says the production slot is not locked in. Yet we have a ‘spot in line’. Are they different? I believe they are. A production slot sounds like what we are thinking of: the order in which they are manufactured. A spot in line is where we appear in a line of names on a piece of paper, and these are two different things. I believe EM will try to make them coincide if possible but I also believe they may take great liberty.

The easiest and best for them is to start providing vehicles for people in the local Shreveport area. When vehicles break down, they can be easily taken to the plant where the engineers can find out what happened. (I firmly believe engineers will be at the manufacturing facility.) It is very important for engineers to get their hands on the actual item that failed so they can evaluate and make design changes if needed. Let me reemphasize how important this is. If vehicle failures were keep occuring, they may go all the way down to the ‘Want in for $100’ before they start shipping vehicles greater distances from the plant. This makes sense. Then they may ship them to reservationists who are a little farther from Shreveport but close to a Pep Boys with a certified Elio mechanic. Somewhere along this process, they may switch to following the ‘spot in line’ list, after it appears the bugs have been worked out.

How do I feel about this? I applaud it. I would rather wait a little longer and receive a vehicle with the bugs worked out than to receive one earlier with the bugs still in it (I want a thorough fumigation to get all those bug out.) I believe EM wants to follow the spot in line list but may deviate from it in the early days.

P S The reservation agreement is easier to read if you copy it, paste it in a document, than print the document.
 

RUCRAYZE

Elio Addict
sounds like a plan, it would also possibly allow for the set-up of the distribution facilities for earlier easier deliveries
 

Cache Man

Elio Addict
What is the guestimation of where they will cut off reservations? 40,000? 60,000? Something else?
I think it depends on when they are planning production. If it had been this fall I would have thought about 40,000 for the "first year production". Now that it is said to be the first of next year I would say it would be 60,000 plus because of more time. Especially if they will be trying to ramp up production to 250,000 per year.
 

TeamCoconutOreo

Elio Addict
I bet EM will stop taking orders when they hit 40,000 non-refundable orders. I don't think that they take refundable orders too serious. I would love to see it broken down in the EM website.

I think it depends on when they are planning production. If it had been this fall I would have thought about 40,000 for the "first year production". Now that it is said to be the first of next year I would say it would be 60,000 plus because of more time. Especially if they will be trying to ramp up production to 250,000 per year.
 

tonyspumoni

Elio Addict
Perhaps this has been answered before, but has anything reputable been said regarding the exact details of what a production ramp-up would look like when they do get the funds? Paul is an extremely confident optimist so pehaps we ought to take with a large grain of salt claims of a rapid assembly line build.
 

RUCRAYZE

Elio Addict
I bet EM will stop taking orders when they hit 40,000 non-refundable orders. I don't think that they take refundable orders too serious. I would love to see it broken down in the EM website.
won't happen, it will divulge too much information, -
the most important fact-, the actual total $ amount
Number of multiple purchases i.e. I happen to have two, seen many others w/more than 1,this will reduce the total number of reservationists-
Number of folks who could walk away (with their deposit-the want ins)
Number of folks who could walk away, and lose $100, etc. There are folks here who from necessity couldn't wait any longer.
 

Smitty901

Elio Addict
Elio is not far from 40,000 however getting the last handful might be a bit harder. To cut off reservations now might be suicide . Many might see it as part of an exit plan. Better ELIO go out swinging than fade away. Nothing wrong with taking reservations, provided ELIO makes it clear the trouble they are in and make it clear high likely hood you will never see the ELIO produced.
 
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