WilliamH
Elio Addict
So I reviewed the video and kept in mind some of your first impressions about it.
As for Paul's self presentation, his clothing and the infamous cup. You know, it depends on the venue. He's dressed very consistently for a venue that happens basically in a cafeteria, and he's not out of line compared to others there. And frankly, he shows no hint of uppity -I-know-more-than-you arrogance. He just comes off as knowing what he's doing, and very in touch with what the common people need and want. HE just appears to be -one-of-us, but with the smarts and savvy 'to do this'. The only thing I didn't like, is I wasn't sure at times what he was laughing at.
We are all very used to Paul's past rhetoric, and would rather to hear hard facts we are OCD'ing on right now. But most of the public like a comfortable 'I knew it' story line. It's a 'feel-good' proposition for them. Kind of like George Bush. For while there, maybe too long, people felt like he could talk plainly to them. His speaking pitfalls were a benefit from that point of view.
Now if Paul interviews in a more prestigious venue, like talking to the president (of anything), he certainly should up his game.
Now on the P5, Paul noted it twice. And hit hard on the idea that physical accomplishment was key right now. I think EM should listen to themselves and tell us more about what was accomplished and successful in their engine results. So he seems hard driven for the next P5 milestone. But exactly what does 'soon' mean? 20 weeks would have been the end of October, so I would think that's not 'soon'. Hopefully, more like the end of September to Mid October is what soon actually means in this case.
So LillyMay! You are quickly becoming famous, you know that?! I think you are lifting the awareness EM has for this forum. I suspect if anyone in the EM field of play gets a Email with your signature on it, they will sit up and listen. So keep in mind, you have some leverage! Enjoy!
The other takeaway, the results of the A+ adventure has, and is continuing to raise the stature of EM in the business and investment world.
I notice too that Paul talked about paths a bit stronger than sources of funding. That is to say, he doesn't seem to be stuck on the thought of 'fully-fund' then produce. He may well mix it up, for example, perhaps partially funding, and acquiring on the run during the first year of production.
Even so, the biggest expense according to Paul is 'hard-tooling', that is all the machines and skilled work that goes to setting up production. Some of that could be phased in as well, IMHO, pushing out a pilot production, and later going full output as investment allows.
According to Paul's path 3 (?), reservations with $1000 all-in, if that reached 60% of 240k reservations, that's $144million right there. To get that, I guarantee EM must get the P5 and the E1-25 done first. It might also help to announce a schedule for production start. Even so it might be as late as the last quarter prior, to see year1 fully-reserved, even into the production period.
.............."pushing out a pilot production"....................
I'm still waiting on an explanation on how you do this "pilot production" on an assembly line?
Seems like once you have the assembly line tooled up there is no pilot.
And if you don't have the tooling you don't have any production.
I think Yoda said it best...........
Also, no half measures.