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Because you buy a reservation with a locked in price of $7K, then there's an additional $500 off along with the $1000 you paid. In the end, it comes down to a $5500 Elio out of pocket. All I get is a back of the line SIL but that $5500 Elio costs me $5600 because I pay you $100. I can live with...

In my mind, $7.5M is a much bigger deal over the $545K dealer fine. The dealer fine can be paid off over many years. The $7.5M fine will be deferred up until Elio gets that big check. Then the lease payment has been reduced because they are leasing 150K less square footage than before but that...

I never realized they were taking the $7.5M fine to court because there has never been any mention of that. That's new news. The last info I heard was this: https://ir.eliomotors.com/all-sec-filings#document-380-0001140361-18-042917

My guess is the $7.5M fine will be deferred. Same for the payments for the equipment and lease. Some items got paid off from the $2.5M, so it'll make the numbers look better.

This is just a gripe comment. The person just want's to vent but the reality is this. If 2 weeks from now, Elio announces funding and deliveries start in 2019, this person will be back and excited. If they are speaking the truth then when the first Elio is delivered, I will buy a $1K, $7K locked...

The Elio SEC filing should be out in the next 2 days.

They could be at the Elio HQ in Phoenix. There are a number of test tracks in AZ. Here's an article about them: https://www.azcentral.com/story/money/business/tech/2017/12/25/car-companies-come-arizona-test-their-vehicles-heres-why/965235001/ and this...

Its right on the Elio website.

I started with an electronic Rolodex back in the early 90's. Then a Palm, then a Dell something or other that ran Windows then some flip open item from some other company that was like a super mini laptop. it was a continual rotation of items for a while. For the last 10 or so years, it's been...

The Elio has been spotted in Memphis, Michigan and St. Louis for testing.

I never clicked on the various things on the website. I assumed they were still selling T-Shirts. On the other hand, hats are still nice. Also, you can just take the Elio logo that you get from online, then give it to a place that makes t-shirts and they will make a few up for you. I know Elio...

Over all of my years I have dealt with lots of marketing people. Being an engineer you typically butt heads. I have found it's been for different reasons. The Virgin Galactic is a good example but I watched a documentary over the weekend that had to deal with the Fyre Festival. If you have...

From the SEC filing: From looking at the Elio there's nothing unique or difficult for another manufacturer when it comes to making their own Elio. It would be 100X easier for an existing company to do it as they can raid their own parts shelves for most of the underpinnings. Then they can use...

You can check out the latest T-Shirt here: https://www.eliowear.com/

You gotta love politics. They never talk about all of the jobs the Japanese, Germans, Koreans and Chinese have created over the last 20 years in the automotive industry. They will talk about a few GM plants closing like it's the end of the world. Then talk to the Japanese and make it look like...

You are in luck. GM has been shedding assets, business and people for the last 10 years. They are just like Sears was in the early 90’s. Selling off stuff kept the business profitable for a while but it finally caught up with them. GM is next but give it another 5 years and they will be in...

Good to see the Elio will be running on some Hoosiers.

Just like this plant in Fenton, MO. They made tons of those Dodge Minivans that were all the rage, plus the ultra successful Ram trucks. The history is great to look at as the plant has been leveled: https://en.wikipedia.org/wiki/Saint_Louis_Assembly Then there's the St. Louis Ford plant that...

They just set up a payment structure and pay the fine off over 5 years. That fine is no big deal. The $7.5M fine is and that's what nobody talks about. Racer Trust is helping Elio to succeed buy being super nice and delaying the payment. They can keep doing that for a long time then start...

They sun is a dying star and will die out soon.