It comes down to common sense. The highways around me have a minimum of 45 mph, so technically the Aroyo is legal. Would I take one out on one of those highways? Nope. I value my safety over trying to prove something. Maybe it's because I'm older and have done enough stupid things in my life...
The Aroyo and FUV were designed for driving around a city or down small streets in suburbia in fair to excellent weather. Just like people do with scooters. There's no way I'd take them out on the interstate here. Just try to drive down the GSP and you'll know. That's just a death wish. When...
In addition to that, people just didn't question his background. They wanted to believe he had all of this experience in the automotive industry when he had very little. His engineering company dabbled in the car industry but mostly was for solar energy. Even at that, it failed. His inexperience...
I never realized that Arcimoto was a startup. I assumed that a company that was founded in 2007 and produced it's first consumer product 12 years later was a startup. That means, Tesla is a startup then. They are three years older than Arcimoto and where Tesla was three years ago, they had 150K...
This shows how FUV has it right and Tesla is failing. FUV has 170K service centers in the US, when Tesla only has 378 globally. I found out there are over 3400 FUV service centers in PA while Tesla has 3. This is why I just bought a BMW. Their eastern half of the US parts distribution center is...
In my business, I have to worry. Nobody hires me if there are no problems. I come from the side where the problems exist and you come from the side of just listening to them and their rose colored press releases. I wish it was a simple as just hiring some people with colorful resumes and the...
What you have to do is be realistic. I find at times that some get their hopes up really high and when the plan does not work out, they are upset (i.e. Elio Motors). This is why having things like SEC filings are good because when you spend the time looking through them, it'll give you a much...
The message I'm conveying is this. You see how hard it is for companies like Solo and FUV to go from producing customer delivery #1 to spooling it up to where they must be to make money. Both companies were celebrating these customer deliveries yet they production rate and financials show that...
I see that in 2019 the lost $30M and have accumulated deficit of $62M. To get through 2020 they will need another $25M. Plus, they delivered 8 Solos in 2018 and 21 in 2019 for a total of 29. So I wonder how many they will deliver in 2020. They do have 64 pre production Solos that were built in...
With 100 mile range, its hard to put lots of miles on it. So it'll be reliable. As for performance, let us know how it compares to when you drove the three wheelers that have been in production for a while (Vanderhall and Slingshot). We must not forget those three wheelers. Being a three wheeler...
SEC filings are there for a reason buy many never read them. Anyway, having been involved with a couple dozen patent infringement lawsuits, this is how it goes. There's a patent out there. Someone makes something similar. Owner of the patent files a lawsuit. Then it gets extended for months...
I still like numbers. For example, in 2019, there were 57 FUV's made, 46 were sold to customers. For Q1, 2020 they delivered another 27 FUV's. They have 4285 reservations as of March 31, 2020 which is an increase of 88 over the end of 2019. Production in Q1 of 2020 went from 1 FUV per day to 2...
I'm an engineer and like numbers. I want to make sure FUV is not making more press releases than FUV's. I hear about how great it is and thus they must be running at full capacity. What is full capacity? With you being the inside guy with this company, you know. So spill the beans. If they are...
When I checked a while back, Hari had stopped Kapeesh but now it looks like it's back in business. When I mean back in business, it has a live website which means you are officially in business. Good to see he is tutoring. He has lots of knowledge and people can now tap into it.
Here's the site. So if you need a tutor, looks like Hari will help you out. Plus he shows up on the chat. Maybe he could help with a problem I have in school right now. I am starting a business and it needs an ATVM loan. How much money do I need to pay an expert to get this?
https://www.kapeesh.io
Correct. That had nothing to do with Elio Motors moving there. Stu needed a favor and Paul is required to do what he wants him to do. If Paul refused, the Elio website would go down and there would be an announcement that the company is out of business. Stu bent over backwards for Paul and gave...
So we are two years into the FUV application and no info at all. It wounds like that the most perfect example for the ATVM loan is struggling and maybe that loan program is a waste of time for Mark to even mention because at least a hundred of other perfect examples never got it to. Why would...