Aside from all the usual fun stuff to debate and argue with EM's SEC filings and what they indicate about the internal functioning of EM. Right off the bat in this new filing, I'm wondering if I'm reading this correctly, that the current projected retail price of $7,600 and BOM cost target of $5,654 for a production run of 125,000 vehicles, would give them just under $2,000 profit on the base model. That's just under $250 million profit on 125k Elios, not too shabby. Or does this initial cost take into account the percentage off reservation holders will get?
Ok let the arguments begin whether EM would sell the vehicle to reservation holders for $6,800 MSRP, or in other words, if the retail price drops in the second or third year of production if they're able to sell 250,000 vehicles as they think they can.
http://pdf.secdatabase.com/1461/0001214659-16-011078.pdf
Too much fun with all the tidbits in this one.