They should be using the production line. That's what they will need to do initially to figure out the bugs in that system so they can fix it before they do round two with the 150 or so batch that follows. It doesn't have to be fast just one station at a time. Preferably with the engineers...
Plus you can add options later. If you want the different front fenders, you can get them 6 months after purchase. That's another way for Elio to make some money. The only issue could be the aftermarket because they will be all over that car right after it comes out.
I agree. What I think that companies are doing that want to do an STO are looking at it as the new way of doing something and thus people spend money on it without looking into the details. Then when a bunch of people get burned, people wise up. Sometimes you need to get on the bandwagon early...
It does go along with progress. So, what Elio needs to do is make sure they can post progress and not be in violation of the SEC. When they post progress, the number of reservations goes up. This might be why they are going the STO route because the SEC might have too much of a restriction on...
You mean the Shreveport Isuzu plant (I like how people refer to that plant as a Hummer plant but never Isuzu).
There's number of reasons why the Shreveport Isuzu plant was never considered:
1. Hyundai Glovis and Elio Motors lease out most of the plant and Elio got all of the good stuff and took...
I'd like to see the new map of retail centers. Plus, Elio really needs to do an ad campaign with Pep Boys. There's no reason to not have Elio posters and a Kiosk at every Pep Boys where people can learn about the car. It cheap advertising.
It does matter. Elio was very open about new funding, suppliers and timelines a month ago and it would be nice to keep that line of communication open for the thousands of people that bought the car (technically they did with the commit to buy) as to when they will get their new Elio. Using the...
It's been 4 weeks since Paul gave that press conference and told us about 76 weeks plus a few extra when production starts. 76 weeks from today is black Friday 2019 (11/21/19). So, does 4 weeks constitute the few extra on top of the 76 or not?
Elio is listed as non-Louisiana corporation operating out of Louisiana. They have been since April, 2013. So, Elio has been operating out of Arizona and Louisiana, so they are subject to each states laws...
Elio already stated in their SEC filings that the refundable reservations were restricted cash. That means, the cash is there but they can't touch it. Sounds like the judges are not that bright and maybe should read the SEC filings.
It'll be $5 by tomorrow. Massive amount of volume too. Someone knows something and thus they are buying.
As for Arcimoto, it's dropping and closed at $3.05. Not looking good for them.