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You bring up a good point. Many Universities in the US that run in FSAE have built, tested and validated more vehicles than Elio has done in their 9 years of business. They have even started their own series to compete against each other. It started as something simple but has expanded into...

Here's an article of someone at the unveiling of the E-Series (got to see the white one in person). From the article: http://www.thetruthaboutcars.com/2016/07/elio-takes-big-step-towards-production-e-series-prototype/

Why would they make it private? I'd think that if it was much further along than what Elio last told us in August, they would like to release that info because it would mean, even more money coming in. The $500K fine is peanuts as compared to the $530M they need and even the $20M needed to to...

Exactly the opposite. The manufacturer needs to certify that they can build mass quantities of product at a low cost before they go into production. Remember, for the Elio business plan to work, they need to sell 250K per year not just build 65K for the reservation holder and wing it from there...

The refundable deposits are in an escrow account. It's in the SEC filing.

76 weeks from today is June 22, 2019. So, they need full financing by July 17, 2018 (27 weeks from today) to get production to start on December 31, 2019.

According to Elio Motors (the SEC report right before they did their IPO): The following tests are planned for the 25 prototypes, with some vehicles to be used for multiple tests: 1) Underhood thermal & HVAC testing – 4 vehicles 2) Electrical – 12 vehicles 3) General inspection – all vehicles...

Why can't they say anything? Who is keeping them from speaking about anything? Pfizer is under a huge amount of lawsuits, NDA's and are a publicly traded company, yet they have a constant flow of news and updates. Why would Elio be any different? I'm wondering where the rules are different for...

I thought Roush was doing all of the engineering? If that is the case, then I can see why it's $85M to get to the milestone of production ready. On the other hand, I cannot find any info at all as to where ESG Engineering exists today. I found two addresses and both of them are occupied by other...

Elio said that they have spent $62M so far and need another $85M to finish the car. Think of it this way, if you have a $200K budget to build a new house but have spent $90K so far, that’s still pretty far from complete. For elio, they are not even 50% complete. That’s directly from Elio too.

What is actually saving the Elio is the stability control. No matter how you sugarcoat it, three wheelers are unstable. A good example of how stability control saves the three wheeler is that video we all seen of the Slingshot rolling over quite easily. That happened because the stability...

I was in VT and it got to 5 one day. Other than that, -15 to 0. now it's super windy and going to be around 5 to 15 for the next 2 days. Plus, snow is blowing everywhere, so there are those two ruts with the berm in the middle and then just completely covered.

That is exactly the reason why you don't get involved where you ask the local government to buy a piece of property because you promised good things (i.e. jobs) and then don't deliver. It will come back to haunt you every time. If Elio was literally 18 months from production back back in January...

You could do 6 months if you decided to have a realistic expectation of only building a few thousand the first year as opposed to 65K and then go full out with 250K.Wouldn;t it be great if Elio right now had cranked out 5K Elios and will have another 20K in 12 months from now as opposed to 0...

Here's the test report: https://www.euroncap.com/en/results/fiat/punto/29849

This is exactly what happened to Peble. Great idea but when the product came out, they made a few mistakes. First was that they came out with a product that the big manufacturers were 3 months away from releasing. Second was that they misread the market because the current smart watch customers...

Also, you forgot that they have paid 4 years on a lease, insurance and maintenance of a building they have never used. They took out a $25M loan for equipment they never used. They paid back late lease payments with common stock. They agreed to a jobs plan that is in excess of $7.5M in a fine...

I never understand those types of studies. I live in the Lehigh Valley and it has around 800K in population. If you want a really high paying job and cheap living expenses, you live here and work in NJ or NYC. The jobs are abundant too. It's perfect Elio territory because I know many that live...

They did mention that they "furloughed" employees but we all know that really means, they were laid off and if something comes up, we will be calling. With the money that Elio has had for a while, they couldn't even pay someone part time minimum wage for 6 months. My nephew made more this summer...

The amount of Morgans I see in the frigid cold winter driving in the snow is the same amount that I see of Slingshots, T-Rex's, Can Am's and every motorcycle ever made running around in the same weather conditions. That comes down to zero. This is one of the reasons why the Elio was made...