Here's what Elio has for their budget
Production Tooling
113.2
Production Equipment
166.0
Store Fit-Up
6.4
Other Fixed Assets
5.4
Engineering Design & Development
85.8
Sales & Marketing
35.9
General & Administrative
40.6
Shreveport Marshaling Expense
17.3
Retail...
Elio will soon be a 10 year old company. They got the milestone of 65K reservations over 3 years ago. Is that considered new?
Then this might not help:
Then this:
If the DOE would just ignore the financials, then the 84 mpg mileage would get them in. Plus Elio stopped making SEC filings as...
In this context, not all but a good 90% were smitten with Elio. There were people making long trips just to see the Elio for the 3rd or 4th time even though they already had one or two SIL's. Many made their own shirts and bumper stickers. Many more formed their own facebook groups and even did...
It’s becoming a problem when we can’t remember what Elio is what or how many have been built. This used to be the place that knew what kind of coffee Paul had for the day.
I consider Elio Lite to be a stripped down version. Problem is, cheating R&D, Warranty, Service are items of people that want the Elio so bad they just want it made until the get theirs and after that, not caring if the company goes out of business. Making a less than speed out version will kill...
Yes, the ATVM loan was great, Elio had no chance in getting it (just like the 100 or so other applicants). The modeling shows Elio can get the mileage but the DOE could ask for real world testing. So, that’s what I’d want to see if I was looking for loan criteria. As we all know, Elio can’t pay...
Also, Elios manufacturing license plate number is, 00M72. If you look in the official Elio motors gallery, it’s there a number of times.
There’s a blog entry with the white one wired up for data, camera on the front nose and missing the RO fender. That’s the one that went to Teves.
In the end...
The White Elio was sent to Continental for ABS/SC/Stability testing. It ran and drove. The orange one went to Red Dot for HVAC testing. Black one is for show. One body in white was made to fitment studies.
Actually not. They just send stuff out. If you really want to see the oddball stuff manufacturers send out, go to the Nurburgring in Germany. Every manufacturer seems to send everything out on that track. There's even footage of GM Enginers wrecking a pre production Camaro at that place.
Come...
Time to buy up some Bushnell. Looks like it'll be a good investment. Hope this is what the Eliocoin will be like:
https://cointelegraph.com/news/overstocks-tzero-tokenizes-upcoming-atari-fistful-of-quarters-movie
The blog is to let you know they are still in operation. Plus you can keep checking it because that's where the breaking news will come from (not really because the last breaking news was announced via PR Newswire before it made it on the blog). So maybe I need to change what i said. Check PR...
Elio Motors has a Manufacturers Plate (I've seen it in person). So they are good anywhere in the US. Only thing you need is is proof of insurance. I know Elio has that. So, there's no reason why Paul would not be driving that all around the Phoenix area. Even at that, Elio Motors has a dealers...
Mix that inflatable car with this three wheeler and you hot a lot of hot air:
https://phys.org/news/2011-09-toyota-three-wheeler-mph-compressed-air.html
Then there's the three wheeled nanoroadster:
https://phys.org/news/2016-11-single-molecule-wheelers.html
Go to that area and the price of real estate is way higher than what I'd pay. It's nothing new. If you want, go to San Jose, CA and a house like that will be over $2M. All I got to do is move 20 miles east and my house would be $1M. Reason why I don't live in Central NJ.
We could look at it this way. If Elon Musk announced tomorrow that he will invest $500M into getting the Elio to production, then we could go after him because he runs a money losing business, has been divorced twice and has been on the verge of bankruptcy. With that being the case, we would all...
Before everyone goes down this path, let's just look at the facts:
October 2010 (a year after Elio Motors was formed) this happened (according to Paul Elio): https://www.autonews.com/article/20151205/OEM03/312079963/luck-pluck-and-patience-keep-paul-elio-s-quest-alive
On the Elio Website, Paul...
I have a $250K house and pay $4500 in taxes. Sounds like I need to move to Phoenix. Now I do use a percentage of my house for business and that cuts down on the total tax bill. I bet Paul is like me, use your house as an office and thus pay less in taxes. It’s a smart move.
Accounting for the $50:
Venti Coffee product from Starbucks: $8
Fuel to get to gas station for trip from Scottsdale to Goodyear and back for a lottery ticket (I doubt Paul drives his own product because someone in Phoenix would get a pic of it by now) - $20
Lunch at local restaurant (Since it’s...