It could be true. I find that if you check on the OTC, you'll know. Elio is traded on OTC, so their site has information on the Elio stock price. Check it out and see when it went from $8 to $48.
https://www.otcmarkets.com/stock/ELIO/overview
In 1999 I bought a $20K, 50 mpg vehicle. It was a Jetta TDI. I bought the top of the line version and it was $20K out the door (TT&L). The base model would have been $18K. Had it until 2017 and sold it. EPA rating 42/49. It would get 52 mpg normally on a trip running about 70 mph. Most reliable...
In our area there are a number of Model 3's driving around. The one I drove in Ohio was impressive and Tesla has done a good job making it happen. The quality is pretty much along the lines of any modern car today. It is nice to see an American car do so well.
The thing is, it is coming. More and more states are charging to own an EV. Rightfully so. My i3 uses the road like crazy and the tax is minimal. It's not fair. Same for everyone else. I would still put farmers on the list. If they want to drive a combine on the road, it needs to be licensed and...
I'm one of those cyclists that clog up the roads and impede peoples careers. So I support taxing cyclists along with others that clog up the roads. This will include; Horses, Amish, Runners, Walkers and Farmers. All of them pay zero road tax and the farmers even have tax free fuel. Around me...
The good thing is that Tesla is getting the price down little by little. $35K for a Model 3 is not bad. It's good to see Tesla making progress. I'm amazed at how many they have delivered so far. At the end of 2018, they were at approximately 145K Model 3's with 60K of them being in the 4th...
Remember, it took 52 months to get to 65K reservations. If Elio would have got 65K reservations in 6 months, then that would have demonstrated significant interest in the product where 200K wouldn't be a stretch. As has been covered before, when Elio sells those first 65K units, they are banking...
The title of this thread should be, "Why can Chinese startups design, produce and sell cars much faster than we can in the US?"
I see this as a cautionary tale for people in North America, Japan and Europe. Just those three I mentioned struggle with startups trying to build something like a car...
I guess the problem I have is I live out in the sticks. It takes me 90 minutes to get to the tiny towns of NYC and Philly. For some reason FUV, Solo or Kandi don't have a service center for me to go to when non EV items like the gearbox, electronics, suspension or body gives me a problem. Last...
Also, you need to watch the last 30 seconds of this video and see why Paul has pretty much dissipated and is not making any claims for when production will begin. This is the SEC gag order. If you want to see this happen over an over, invest in Biomed or Pharm stocks. New companies tend to get...
If you can show me where he says 76 weeks at that date then I will still question the other statements made by the company after that date. Paul should not tell the world that it's 76 weeks in May 2018 and then he tells the SEC and everyone on Facebook that it's 76 weeks in February 2019...
There's nothing wrong wit Chinese manufacturing. I've spent months at a time there working with them and have seen a side that probably most would rather not want to see. For me it's not as much as the manufacturing but the after sales support. Even the best widgets sold do fail right out of the...
Trust me, some very smart people have bought items and then find out the service after the sale is not there or really sub par. I'm not smart at all and have taken the chance on items that I really should have known that they might become a problem. I tend to look at people like me that don't do...
On 5/11/18 Paul Elio said:"It'll be 76 weeks plus a small number." This is at the 7:29 mark.
On 11/18/18 Elio motors said, 76 weeks timeline (on page 8):
https://ir.eliomotors.com/all-sec-filings#document-380-0001140361-18-042917
If you go to the Elio Motors official Facebook page dated...
I'm just trying to be realistic. I bet everyone here has bought something in their life that when it broke, it turned out to be a real challenge to get it fixed. These EV's are a pretty good investment and when it does break, you want to make sure it can get back up and running without jumping...