I agree. I want it to stay the same because I’ll be driving around Airwolf. Then everyone will think I’m Jan Michael Vincent in his hay day. Maybe I can put an optional SpaceX rocket in the back and be like Hooper and jump over a river where the bridge used to be.
If you look at what they spent vs what they raised. The numbers can't support that business plan. They raised about $115M and spent $62M on the car and need an additional $85M (probably now about $60M with the off the shelf engine). The rest was to make payments on the equipment (which is about...
Looks like Tesla has some serious competition. I present the Lordstown Endurance!
https://insideevs.com/news/383751/lordstown-preorders-endurance-ev-pickup/
They could also include:
Carbon Motors
Bright Automotive
Next Autoworks
V-Vehicle
All I have listed never got an ATVM loan and thus went out of business. They all had lots of interest and rock solid business plans yet never got an ATVM loan. V-Vehicle even had Apple, Google, a Texas billionaire...
Then there's going after the CEO. This can be done but it really hard. This is why. There's nothing illegal to paying ESG Engineering to do work on the car. ESG did produce 4 working prototypes and 2 working E series. The design changed over time, thus ESG can prove they were doing something...
First thing is, they stopped taking reservations. So that's a moot point.
As of now, Elio has very little assets. The plant is leased, not an asset. The equipment still needed $3.9M to pay it off (from June 30, 2018). So I doubt Elio raised that money and paid it off. In the end, unless it's...
I know for the last 6 months that I've been trying to get a reservation on an Elio, it never works. Maybe you should try it and see what happens. At least for me, I have a credit card in hand and ready to get a few and it won't let me. I've tried everything from a $100 want in to a $1000 all in...
I see why. That three wheeler normally costs $3,520. That's more than half for an Elio if you put money down early and locked in on the $7K price. It looks like to me it's a $500 item and no more.
It's interesting that those numbers from McLaren are from a calculation and Elio claims the up to 84 mpg via simulations. In 9 years, we went from McLaren, to IAV, to a sourced off the shelf motor. I wonder what the official mpg is of the latest Elio with this new motor? McLaren got the Elio...
It was originally called Trikke.
https://www.theoaklandpress.com/news/startup-auto-firm-eyeing-pontiac-plant/article_5a53f666-dcc3-5e18-8f8e-31571cb60e62.html
Seems that Pat has been silent for a while. I wonder if he and Paul are hammering out the final details on the Eliocoin on that South Pacific Island Pat has been at.
I wonder who is the new VP or Fleet Sales is? Brendan Carey was running that division at Elio motors up until February 2016. One of the press releases beck in 2014 was that the average price of a new car is $30K and the Elio will save a municipality $23K per vehicle. That's a big savings and I...
Here's what the basis of the lawsuit and what they want done:
"They keep accepting reservations for cars but they have no problem delaying and pushing back the release date of the vehicle. This petition should at the very least, garner enough support to initiate a class action lawsuit that...
You need to write Paul Ash. He's doing the class action lawsuit and originator of the petition. iPetition only hosts the petition and they are on;y good to give you Paul Ash's contact infor. The first comments were in May 2015, so that confirms your 2015 date. Looks like when it hits 1000, this...