Ekh
Elio Addict
It would make sense if you wanted to see a mob armed with pitchforks and torches descending on Paul Elio's house. You CANNOT break faith with your most ardent supporters that way.
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Will General Public Get Elios Before Reservationists?
- Thread starter Graemexx
- Start date
Ekh
Elio Addict
Amen.Not only would this destroy EM's reputation with their biggest supporter group but it does not even make sense from a monetary point of view. This would require EM raise even more money up front right now as not only would EM need funds to complete the vehicle testing and open the factory they would also have to spend 10's of millions of dollars up front to set up the vehicle distribution network, open and staff the retail storefronts, and conduct a mass marketing campaign as all of that would be needed to sell vehicles to the general public in large enough numbers to make this plan viable.
Under the current plan EM only really needs enough money to complete the vehicle testing and begin building vehicles on the production line. EM does not even need to have the money on hand to pay for the parts required as this bill will likely be due at least 30 days after the parts are delivered by which time a happy reservation holder would have already paid EM the money needed to pay for those parts. As of right now reservation holders currently hold reservations for $280+ million in base vehicle costs alone and EM is not planning to actually make any profit from these vehicles as they will use this money to provide the funds the need for the retail sales plan.
Not only are those of us with reservations being leveraged to find investors but we are paying for EM's expansion into retail sales and providing EM with untold savings in marketing. There is absolutely no way to advertise these unique new vehicles better than having 10's of thousands of them hitting the road and being seen by people all across the country. Whatever EM is giving reservation holders in incentives will be paid pack to EM several times over in the benefits they receive from having us.
WilliamH
Elio Addict
A fellow named Gage, back in 1775, thought it would be a good idea to march on Concord and take stuff that wasn't his.
Look where that got him and his boss.
CBrown
New Member
What the story on elio's production, (non-production)? I can't even get a reply in this forum. Did I buy into a ponzi scheme or what?
WilliamH
Elio Addict
Proposed production is estimated 2 Qtr 2016.
The only Ponzi scheme you're involved in is run by Jerry Brown.
This is only your first post
You have to ask before people can answer.
Welcome to the forum from Junction, TX.
RUCRAYZE
Elio Addict
First (I think) welcome from THE Sunshine State.
Your first post, ahhhh, just noticed William covered that ,and you're looking for an explanation that you could have evaluated for yourself. The real question you should be concerned with, will the Elio get enough milage, and have enough storage room to bring home bottled water. When a gal of water in California costs more than a gal of gas, you could then do the math to calculate your savings.
Then again it might just be a Ponzi scheme, and i'll cost you 3x as much to get your water-
pray for the Elio, and pray for rain.
RUCRAYZE
Elio Addict
Like so many-
"Promoted to general on November 20 1782, Gage saw little active service and died at the Isle of Portland on April 2, 1787."
Just do some research... You don't know what a Ponzi scheme is!
over the years, EM has had to extend its date for starting production for various reasons .... as has been noted, the current date is projected to be in mid 2016 .... unfortunately, delays are common among start-up companies and EM is no exception .... seeing you've been a member for about 3 months, you probably know that right now they are making major effort to raise funds for the next phase .... they still have about 15 months between now and the middle of next year .... if things go well, those months should really be something to follow .. 
Amen.Not only would this destroy EM's reputation with their biggest supporter group but it does not even make sense from a monetary point of view. This would require EM raise even more money up front right now as not only would EM need funds to complete the vehicle testing and open the factory they would also have to spend 10's of millions of dollars up front to set up the vehicle distribution network, open and staff the retail storefronts, and conduct a mass marketing campaign as all of that would be needed to sell vehicles to the general public in large enough numbers to make this plan viable.
Under the current plan EM only really needs enough money to complete the vehicle testing and begin building vehicles on the production line. EM does not even need to have the money on hand to pay for the parts required as this bill will likely be due at least 30 days after the parts are delivered by which time a happy reservation holder would have already paid EM the money needed to pay for those parts. As of right now reservation holders currently hold reservations for $280+ million in base vehicle costs alone and EM is not planning to actually make any profit from these vehicles as they will use this money to provide the funds the need for the retail sales plan.
Not only are those of us with reservations being leveraged to find investors but we are paying for EM's expansion into retail sales and providing EM with untold savings in marketing. There is absolutely no way to advertise these unique new vehicles better than having 10's of thousands of them hitting the road and being seen by people all across the country. Whatever EM is giving reservation holders in incentives will be paid pack to EM several times over in the benefits they receive from having us.