I have a feeling the number will be less than 100 for Eliocoin holders going to the front of the line. So, I wouldn't worry about it. We all know that the bulk of existing Elio Reservation holders will not put in any extra money to Elio motors, same for the Elio stock holders. You need new...
With the DOE, then it's a few people and they typically oversee a few other programs. Those probably loan out or give out grants. Having ATVM on their list makes the department look good. Who would not want part of a program where you do nothing but get paid? It's like leasing land and then let...
The last loan was in 2011. So the reason why the program is continuing on is that Ford and Nissan have a few more years to pay off the loans (when they were approved and when they got the money is not the same date plus they didn't get it all at once, so it's payment is over 10 years from when...
Even better. Do like FUV did. Build a number of signature models for $50K each. Then Elio fans can tell everyone that they are in production and with customer deliverables. Then down the road, only offer fully loaded $14K models but then delay again because of some certification that wasn't...
I while back Overstock gave an update on Elio Motors and the Eliocoin. There was something that had to do with Elio Motors recoding the Eliocoin and it was going to be done by the end of 2019. The recoding had something to do with Eliocoin holders going to the front of the line or something like...
Does anyone know when the next Overstock call with Pat? He gives the latest info when it comes to Elio. With all of the recoding of the Eliocoin going on, I’m wondering what the progress is on that. It would help as then we get a timeline as to when the new news will make the stock go back up...
Elio stock closed at $1.26 today.
FUV stock closed at $2.88 today.
SOLO stock closed at $2.53 today.
Hopefully the three wheeler market can turn it around and reward the investors for having faith in them.
One other thing I learned is you have to reload an article or clear your cache. I was just looking at one and it was updated but it was in the future by 8 days. After I reloaded it, then it was a few days ago.
The Arabs invested in Atlis and they are increasingly investing in businesses that are not oil related. It's more to diversify their holdings which is a smart move.
Nope. I have no inside information. If what I said was going to get me in trouble then tens of thousands of people would be in jail then. I suggest you go read the multitude of social media/forums out there when it comes to stock. Remember, we were all excited when Zacks came out with the clear...
There's a long thread on it but I think it was only $545K after Elio lost the appeal and then they had 60-90 days to prove the non refundable were in escrow (that was to lead to another fine). If Elio did appeal that decision, it's unknown.
One thing you have to watch out for is many news...
For me, it's come down to a lack of trust. Elio made the decision not to do an SEC filing. Elio has made the decision to not talk to the reservation and stock holders for over a year. Elio has made the decision to just recycle old blogs. Keeping people in the dark means, they start not trusting...
Solar for a car will become more and more practical over time. Think about it. 10 years ago EV’s were not as practical as they are today. With the amount of R&D going into alternate energy for transportation, 10 years from now we will be driving cars that we thought would never be possible...
Anti Squat has to do with suspension geometry, not dampers. I informed Elio of this back when this originally came out and obviously they decided not to fix it. Same for Anti Dive. It costs exactly the same to do both, just move the pickup points. Requires zero cost. I did notice Elio did raise...
Just like "Who Killed The Electric Car?" As we all know the electric car is dead. Nobody makes them and Big Oil got their way. Too bad because I really had hope for the electric car. Maybe someone down the road will make one. Big Oil just ruins everything. Same foe solar energy. Back in the 70's...
Elio has been saying this:
That's been the company line at least the last 38 weeks. So if Elio gets full funding today, that means Elio #1 rolls off the assembly line on January 14, 2021. The key word is "full" when it comes to funding and as to the 76 weeks. It will never happen in 2020. Now...
depends. They sold the Beetle here for many years. It really never took off until the late 50. So lets say 1955. Then the beetle bit the dust in the US in 1979. The last few years of the Beetle in Mexico were around $5500 (USD equivalent) and they were just under the price point to get taxed...
Did anyone here reserve one when the price was $5959? If so when did you do it? I just checked on the Elio website and over 2 years ago they said the sticker price was $7526. If that's the case, the Elio is now $8031 and in 2021 it'll be $8326 (assuming 2% inflation). Tack on the $500 for USMCA...
Plus, the cost to build the Elio is only $4388.
As for the profit, since Elio was going to price it at $5969 and make $1K. That means at $7450 they will make $2481 per unit and at 250K units that's $620,500,000 in profit per year before we add into the profit of the accessories. With that at...