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Back to the OP, I've seen plenty of times where people have patents and try to license the idea to others. 100% of the time, they are rejected unless they have a proven item that does everything they say it does. When Elio gets the $85M they need to finish the car, then they can explore...

You are right. A relative of mine is an actuary for an insurance company and he told me the same thing. He doesn't see how the Elio would be cheaper than insuring something like a Nissan Versa and by the exact reason you stated. This is why classic car insurance is pretty cheap over what you'd...

My guess is that there has never been anyone else to step in from day one. It was just wishful thinking by many because they wanted to believe that people were waiting in line to fund Elio because it was just the right thing to do to save America and whatever else. In the end, it's just business.

Tesla revolutionized the transportation industry. Before them, electric cars were quirky, slow and ran those massive lead acid batteries. Pretty much a hobbyist vehicle. The roadster gave us a glimpse as to what an electric car could be. When the S came out, it was a game changer. It looked like...

Before we advance any further, only enigmatic words referenced from this will be allowed to be used: http://www.thesaurus.com

Elio could license it out but they need something to license. As of now, they need to complete the car and have it production ready. Once they do that, then they would have to start a group to go do a world tour to different companies and see who would like to pay Elio for the right to make the...

Elio is recycling blogs. https://www.eliomotors.com/financing-and-insurance/

It will go faster than that. All you need to do is tow it with a Tesla.

You drive your Elio from NYC to the Santa Monica Pier on 34 gallons of gas (only need to fill up 8 times). This is with heat and according to Google Maps, in 41 hours. Tesla has a long way to go to beat Elio.

On the Elio Motors website under the Investor Relations page, they have this: Looks like 21,204 did binding, 36,435 did not. That's 57,639 out of a total of 65,255. From the way I seen it, you could go to all in from want in and then do a binding for $7K. Once the deadline passed, then you...

You bring up a good point. I find it hard to believe that from 2009 to May 2016 that at least 1000 people in the automotive industry didn't tell Elio, "There's no way you can make a tube frame car at that volume for that price." and "Why did you get a state of the art plant with a massive steel...

Seems that there are plenty of other HUD displays to choose from. As for Navdy: https://techcrunch.com/2017/11/27/navdy-contacts-would-be-creditors-prepares-to-liquidate/

Big news for 2019, forced induction.

When Tesla got the ATVM loan, they has sold 1500 roadsters. These were rollers made by lotus and Tesla put in the driveline. So, I wouldn't call them a massive manufacturing company at the time. Plus, it was 2 years before the model S was produced. The big difference for Tesla over Elio is that...

Maybe the US Govt. needs to come up with a ESTVM (Existing Simple Technology Vehicle Manufacturing) which then Elio would fit the bill. I think that Elio applied for the wrong loan since the Elio is not Advanced in any way.

There was a video posted here earlier when that "Joe Knows" talked to Paul. He indicated that Paul told him that big news for 2018 (or something like that).

Yes it was a range of $12M to $25M, so it was a success and not a failure. Here's the failure: Elio raised $4M more than the minimum yet only built 3 out of the 25. Another way to put it, they raised 33% more than what they needed as a minimum yet only produced 12% of the product. Something...

One of the other things to consider was that the goal was $25M and they raised $16M. they only got 64% of the money raised that they needed. There was lots of talk about how successful the IPO was but when you really look at it, it failed. I ask this, what has changed since that February 2016...

Look at the other company failures that happened before Elio went down the ATVM loan route. When you read, you'll see that applying for the loan was risky by the time 2014 came around. When Elio did it, it was known that the chances of getting it were slim but there was a possibility. Using it...

If you read the Elio SEC filing, it tells you why they have not got the ATVM loan: If they don't get the ATVM loan, they have a plan as stated in their SEC filing: That is true and many other companies have been rejected. Aptera, Bright Automotive, Next Autoworks, Coda, Think, Carbon Motors...