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Read the previous post from mine. I was just updating Mark BEX. That's all.

What are the numbers for Elio. As I see from their numbers, it took them 52 months to get 65K reservations. That comes out to an average of 15K per year. Yet (according to the company) they were expecting to sell 250k per year. As you can see, even the Elio numbers didn't work for Arcimto as...

There were lots of bad decisions: 1. Leasing the plant in 2013 - Defaulted on first payment and got penalized. 2. Bought the equipment in the plant in 2013 for $25M but took out a loan to do so. Defaulted on the first payment and interest went to 18%. 3. If 1500 weren't employed at the plant by...

If they did, then the numbers for what they were told were way off. Seems to be an issue with the three wheeler market.

That's why you do market research. You discover the amount you need to build and then ramp up manufacturing to that point. If the demand outpaces the manufacturing, then you are in the best scenario ever. It makes it easy to ask for more money from the public. Doing the other way around, can...

The Elio EV is only $14,900K. So it's really cheap. Plus, it FUN! How do I know it's FUN? Because, just look at the Elio website and they tell me it is. IT'S FUN! IT'S ELECTRIC! Then it goes 110mph and only needs to be charged every three days.

Vanderhall is just going after the side by side offroad market. Those other vehicles that they sell at Powersports Dealers. Here in PA, they have tons of trails up in Potter county where people off road all of the time. I know that in places like Moab, they let you drive them on the street. I...

I want BEX to fail just like everyone else. The moreore that others fail, it makes me feel like a success......

Just read the SEC filings and then you'll get the official numbers. 2,451 might have been a number back in 2013 though.

They had 57K in non refundables, the other 8K were ron refundables. It took 52 months to get to the 65K threshold. The reservations took place in Jan 2013 and went for 52 months afterwards. Thus, about 15K per year but it was a pretty good amount in the beginning and then petered off down the...

So they had 65K non-refundables and 1.1 million refundables?

I suggest using the search function on this forum. The Meyers has been covered before. The latest one is a new iteration of an old idea.

I wanted to be bilingual. I found the perfect 2nd language. My dad taught me very well.

I think what this demonstrates is that the three wheeler market is a niche. Too many startups use the phrases like "Huge demand" and "Massive Interest". Yet never come up with a number as to what that refers to. There's a huge interest and demand for Brunost. Yet I am willing to guess less than...

Have you tried with the actual product? Maybe it is not as bad as you think. I'd love to test drive a FUV but since they have nowhere close to me to drive one, then I don;t want to spend $1K on an airline ticket, then lodging just to test drive one. They sell in my state and surrounding ones...

I remember the first time I seen a Renault Logan in Mexico. I asked myself, "Why did that guy put his name on the rear of the car and do such a good job at it?" After seeing more, I determined that someone decided at Renault that was a good name for a cheap Mexican sedan. Last year I even rented...

If it's on the internet then it's true. Nikola Trucks were able to move back in 2018. They even made a video and posted it on the internet. Thus it was ready to ship to customers.

I just open up a website, read the bold print and cool looking pics. If you notice, everyone is happy when they drive an Aptera, no disgruntaled drivers. The bold print specs have to be true or they would never post them. Isn't that how it works?

I seen that too.. They better call Paul as he's in the area and can get them started on his three wheeler. His gives 84 mpg and only costs $7450. That beats everything including Teslas. I know, as I read the specs on the internet, thus it's true.

Interesting to be critical of the Vanderhall or any vehicle without a test drive experience.