I think VAG will be competition for Tesla. That's good because we want competition, not just Tesla being the only EV maker out there, that would be ridiculous. What VAG has going got it is they own MAN and Scania. Nobody in the US knows who they are but in Europe, they are all over the place...
VW already had an expensive brand here. It was called, Audi. So, look at the pricing structure of Audi vs VW and you'll see they overlap slightly.
For example. An Audi Q3 is a VW Tiguan which is a Porsche Macan:
Tiguan: $25k
Q3: $33K
Macan: $50K
The Phaeton bombed worldwide due to it...
Mom and Pop stores that run debt free doesn't work if they decided to run a global car company up against all of the heavyweights. This is why many mom and pop stores failed when the big box stores showed up. The best example are hardware stores. The ones that went back into debt to expand and...
Instead of moping around and kicking yourself in the butt, how about come up with real solutions? This forum is full of smart people that have many years of experience. Why not have a "Hey Paul" section? You need to remember, Paul probably gets 2 hours of sleep every night and wakes up the next...
VW is part of VAG. So that encompasses a number of companies. They are huge and the US market is actually not very big for them. So, what happened in the US was peanuts. In Europe they got punished but not close to what we did for a total of 400K cars sold between 2009 and 2015. In the US we...
When one counter has Tesla making over 5700 Model 3's per week and over 217K delivered since July 2017.At the current pace, Tesla build over 300K of them. I just don't know what the split is for US and ROW though. No matter what, 300K is a pretty good amount as Elio will max out at 250K per year.
That's the business plan for a mom and pop store. They really don't plan on expanding, just making it to where they have a war chest of cash to retire on. Tesla needs to burn through all profits because they need to expand and not be a "has been" in 5 years from now. Elio will have the same...
What I see is this. We have to remember that when they say "Europe" it doesn't mean 100% of it. It's certain parts of certain countries. Second thing is the acceptance of new technology. Germany and the Nordic countries are high on this list. So they will accept it and allow it to be implemented...
You've mentioned it about 100 times that Tesla never got back to you. I tested it out on Friday and they answered the phone, took my information, then told me all options of leasing a Tesla P100. They were helpful and in the end no commitment but just information, then I got a followup email...
It's not a scam at all. It's that they never brought in enough money and there was not enough interest in the product. It ran it's course and they finally ran out. Now they need way more money than what they ever raised over the last 10 years to finish the project. Until they raise that much...
I've sat in an Elio and driven a Model 3. I guess since it's coming up on 4 years since I sat in an Elio I just don't remember how much higher it sat.
SUV's are getting popular in Europe too. So the American bug got them. Just like the Pickup craze has got them too as Ford released the Ranger...
Elio Engineering is still in business. March 19th will be their 20th anniversary.
https://ecorp.azcc.gov/BusinessSearch/BusinessInfo?entityNumber=08677356
Elio motors will celebrate their 10th anniversary on October 26th:
https://ecorp.azcc.gov/BusinessSearch/BusinessInfo?entityNumber=15610344
I suggest you read this article from 2016. It'll explain why the Vanderhall was built and what the overall plan is.
https://www.heraldextra.com/news/local/central/provo/provo-man-buying-up-property-and-planning-to-build-cities/article_dd784c4f-9299-5762-b6f7-6dd4628c01c5.html
Plans might change...
There was a documentary that was on Netflix that covered EV's. They were there when Tesla was trying to build and market the first Roadster. If you look at what they were doing then as compared to now, it shows that building within what you can afford, can work. Elon was worried because he was...
You never see the same things as a big time investor. You might get a dog and pony show and that's about it. I doubt you went through all of the FUV financials in detail, looked over the resumes of every employee, discussed milestones that need to be met and if not, what happens, a forecast on...