Here's the official Aptera Crowdfunding page. This is where I've been getting my information from. So, it's a good read. Shows the crash testing, where the money is going and the return on investment. They even talk about the $400M ATVM loan that they didn't get. In the end, $21,070,000 will get...
I never seen they needed to raise $2.5M. I did read they needed to raise $100K to $1,070,000. If they raise the $1,070,000 then they need another $20M to get to production. All of that is on their fundraising page. It literally says on their page "$135,069 of $100,000 - $1,070,000 goal from 260...
That would be Roush. They can 3D print the parts needed and limit the tinkering around. After that print up 10 sets of Elio parts and make the Elio Signature Series and sell them for $50K each. When people see that, the investors might come rolling in.
Look what Roush does...
Pat did mention a while back that they were recoding the Eliocoin and it would be done at the end of the year. So we have a few more months. As for the pre sale, haven't heard a thing. There is this:
https://stomarket.com/sto/elio-motors-elio
and this:
http://www.eliocoin.com/
In 2 years if someone gets the STL file for the Elio body and uses it's basic dimensions, you could build one for $10K. All you'd need is a mid 90's Geo Metro as the donor car.
Because that's where the money is to be made and it's the future. You'd be amazed how much money is being dumped into 3D printing and all of the car manufacturers are getting in on it. Soon they will get the volume up to where they can mass produce items. I look at it as in 5 years it'll be...
What I'd do is just keep it going for another 2 years. If funding shows up, then great, if not then no big deal. I'd just set up a shell company that does not have the Elio name attached. That company buys only the intellectual rights for ten cents on the dollar. With all debt/fines/former...
I look at it as the decision to not communicate with the people that invested in the company is a move that just reduces the amount of trust people have with Elio Motors. At one time there were more forums and social media sites that were all about the Elio. Most have shuttered, been stagnant or...
Aptera is now funded and they will be building prototypes. So folks, we will have something to see soon. I see they even crash tested it already, so that's a big bonus.
Best part is, the Aptera will be 3D printed. So when they get on the road and people are going a week without plugging in, then they can change the body a bit to accept solar panels. I'd then expect the mileage will go up even more. Maybe 1500 miles.
This is exactly my point I brought up a while back. Elio has pretty much set the attitude for three wheeler startups that rely on public investment. I feel bad for the other three wheeler startups because they now have a much harder time getting to production. I bet this is one of the reasons...
I'm only reporting the numbers that Aptera provides. That's all. With the numbers they have, it'll be a hit with investors. Think about it. If you had a $2000 investment and got $3200 two years later then another $18,300 the following year, wouldn't that be a great investment? I'm wondering of...
We have covered this over on the Efficiency thread. This thing is a go because for a $21M investment it will net a $32M profit in 2021. and $183M in 2022. Investors will be jumping all over this. having this and the Elio coming out at the same time will be great because Arcimoto will and Solo...
The numbers look great.
They have $55K in the bank
If they raise $100K with crowdfunding:
$45K to R&D
$20K for equipment and prototype builds
$17.5K for social media
$10K for business development
$7.5K for Wefunder
If they raise $1,070,000
$374,500 to R&D
$160,500 for equipment and prototype...
From what I can find in the archives, the Elio was priced at $6,800 back in January, 2013. So I ask, when did the Elio cost around the $5,900 mark? Because I can't find it. I see a bunch of generic numbers but no set price until January 2013. Even on the CNBC piece back in January, it was...
Warren could just call pat and Paul to tell them to work on traditional ways of raising capital. First, they need to work on a new SEC filing, then start addressing all of the investors in the company (this includes the reservation holders). Come clean with them all and then when that is done...
No mention of Securitized Token Offerings. The key word is 'Secure" which means it follows all of the SEC rules if is was a stock. So Warren did not address that at all and Paul did. Maybe Warren needs a refresher course on what Bitcoin is and what Securitized Token Offering is. Hopefully Pat...
Good news and with Warren Buffett being close friends with Pat, this has the makings of a great opportunity. I've read here many times if anyone could get Warren Buffetts ear and have him invest in Elio. Now we have it. Pat can do this and thus Elio just needs to wait a bit until Warren pulls...
Same here. Coming up on 4 years when I seen the Elio for a second time. This was at the Albuquerque Balloon Festival October 2015. That was a great trip. Visiting a customer and spending a few days in New Mexico. It’s a tossup as to the place with my favorite food, Albuquerque/Santa Fe or Austin TX.