I suggest you look at that three wheeler. Looks like a Vanderhall. Thus too hard to get into (as compared to a FUV) and no roof. Plus' the helmet laws at the time make it mandatory for many to wear them. In the end, I can see why VW cancelled the project. Only a few would buy it and not make it...
That's what Paul was counting on. You alone would have purchased 22 of them. With everyone doing what you were going to do, the original 65K would have bought 1.43M of them. There still is hope.......
I think we have way more knowledge of what he should do right here on this site. If he would have listened to us, he would have bought Elio a long time ago. Yet he did not and it shows he doesn't know what he's doing. Bill Gates had the opportunity to take over Elio yet passed on it. Again...
Remember, if you put down $1K 10 years ago and got the $500 match, then did the commit to buy (locked in $7K price), you only will need to write a $5500 check to get your new Elio gas version. I'd suggest you just wait until that happens. I don't know your age but that might be something to...
They will come out with a gasoline version. Just wait until the EV version makes them lots of money. It'll be the best thing you've ever waited for, as the price is super cheap.
According to Elio, it is $14,900, goes three days without a recharge, will go 110mph, has a 3 year 36K warranty, Pep Boys will service it and it comes out (according to their latest SEC filing) as soon as this year. Once they get into full production of the EV version, they will make the...
I forgot this. There are a number of ex-employees that got stock which was restricted. Thus, 2023 to 2025 is when they can sell. These were VP's and C level employees. They are waiting for someone to buy up a bunch of stock and then they will sell. Even the owner will benefit from this. It'll...
If you buy a bunch when it's cheap, people see a run on it and thus the price goes up. Speculators then think something is happening and it increases the market cap and stock price. After that, you can short it. It's not uncommon to take zombie companies and do that. Just look at that happened...
So a $10K new three wheeler is better than a $10K used car? Let's take for example a Toyota Corolla or Honda Civic. Both seat 5, both have certified safety via crash testing. Plus both will allow the next generation that decides to have kids, a place to put them with a car seat. Both have parts...
You must live in an alternate universe.
- People can live in an Urban environment. So they don't need to live super far away.
- Credit issues has to do with being irresponsible.
- Can't qualify for a $25K loan? How about just qualify for a $10K used car? We all do not need new. Plenty of used...
Elon Musk said this:
Maybe he's not as smart as the three wheeled fans and needs to be convinced. He really hasn't done much and has little if any experience in transportation then it comes to the ground or even in flight. The three wheeled fans need to constantly badger him on why he needs to...
I blame lots of it on the whole crowdfunding rage that happened for a while. Elio did a great job of it along with many other companies. Elio pretty much ruined it for other companies. Over the top spec sheet for a overly cheap vehicle. When it couldn't be done, the people that were suckered...
You can. I do it all of the time.
Yes. That's why you go low and hope that the volume will take off like gangbusters and thus the price will go lower. What the realistic plan is, set a price based on the experience and know how of the group. Then use that price where you will lose money at the...
So did Arcimoto. Same scenario, different product.
TMW loses the least amount of money, thus could be considered the most profitable.
First 9 months of 2022
TMW - $1.3M (Lost)
Rental for FUV's - $1.5M (Lost)
Sales of FUV - $44M (Lost)
If you look at the first 9 months of 2021:
TMW - $359K...
Plus, why buy a $19,900 version when you can buy an $11,900 version? This would be like if Rivian told everyone that even though their pickup costs $74,800 that once production ramps up and they are making lots of them, the price would drop to $44,800. Thus, who would buy one at a 40% markup...
That's a terrible design and extremely dangerous. You need to undo the zipper just to open the door? I was thinking like a Jeep but this solution is a no go for me and I suggest nobody else do it, due to not being able to get out of it in case of an emergency. Now we are back at step one. No...
It's not. Trust me, I find where people show me the solution to a problem, yet can't show me where it came from. It seems these full doors for the FUV are available. Nobody will tell me where I can get them. I now think they are just photoshopped and do not exist at all. It's a problem with the...
I'm guessing they are probably adding in the shipping cost to that price. It's not cheap to ship it across the US if it's located in Florida. If it's in CA, then the shipping is less. For a grand total of $29K and selling it at about a 30% loss, shows that the fun factor either wears off or it...