IF there was good news (some fool invested because of electric model), then Paul would be the first to announce his wonderfulness and how Elio was wooing investors. The fact that nothing has been said after the first announcement, other than a foreboding Q/A post on FB, typifies Paul's tactic...
Paul was late on his last three yearly SEC reports. An examination of them reveals a shocking lack of management skill.
The announcement of the 'get on the bandwagon' electric version was an attempt to stimulate the stock price as Elio was on the verge of being delisted.
The stock just rises...
I don't know what people are waiting for. Elio 'threw in the towel' three years ago, firing his whole staff and stiffing the salaries of his fabricators who had just, painfully, cobbled together his latest show car, which still had loaner interior parts and a non-functioning engine. Nothing...
The Elio couldn't get funded even if it was EV now. It's management is incompetent, having already spent 190M$ with nothing to show for it, not even a single road worthy prototype. It's now obsolete and looks like a cheap kit car. Tandem seating, especially with a claustrophobic, unpadded rear...
Manufacturing an Elio kit would involve actually creating a tested/proven car. This was never finished. The original P3 was a golf cart quality, flimsy, flexible frame that would have failed upon the first deep pothole. The P4/P5 were unibody and not applicable to a kit unless it was...
There was no 'promised vehicle'. Read your contract, section II. On the contrary, it clearly states they might never produce a vehicle. Your contract was fulfilled the moment they acknowledged the money you sent them.
For 2019, Dec 31st, start of production they would have had to start two months ago according to their own timeline. In December of 2016 they fired most of their employees 'to concentrate on funding'. Even though they had completely ceased any 'development', owed 50M$ to their suppliers, had...
Car design never puts the driver door on the curb side regardless of whether the country has left or right side lane standards. English cars enter from the right and drive on the left. We enter from the left and drive on the right. Entry to the car is easier not having a curb in the way...
That's my personal red line setting, the first of two red lights on the gauge. The last light I'll set to the factory specification, whatever that is.
The Shift-i allows you to program the range of the seven lights on the unit and the RPM spacing between them. It also allows for a variety of...
The only real problem with the Elgin (Magoo) is the tach. A speedo the size of a fortune cookie paper is pathetic, but livable. I have already purchased an Ecliptech shift-i, programmable shift light indicator (left most light at 2500 for best mileage shifting, redline at 6500 with increments...
The design of the rear of the passenger compartment uses a shaped piece that is the seat bottom and trunk floor with a folding seat back. As such, there is nothing to take out except the folding seat back.
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Your problem was that you trolled the Elio Motors Owners Association and added members to your page without their permission, including me. Multiple members voiced their disgust at this indiscretion, at using the Elio Motors name without their permission...
The writing is on the wall. Manual transmissions will totally disappear shortly. Few cars, except some econo-boxes and high performances models even offer them. DoubleClutchManualAutomatics are significantly more efficient, shift five times quicker than any manual and rev match automatically...
The Elgin, er, The Magoo, is a travesty of poor design, tinsy gauges, mostly wasted space. The industry standard of dash design is to give a gauge area depending on the importance of its use and the frequency of data acquisition. Moving numbers is a NO-NO, they require being read. No serious...
The average reservation amount is short of $500, indicating that a great percentage of those with reservations are not willing to risk much until there is a guaranteed product available. Thus, there is little merit in this suggestion.
The car is far from being production ready. None of the...
Generally, FWD cars do not use LSDs. The majority of weight is on the front and the specter of power being channeled back and forth between the two front wheels does not bode for predictable steering for the average driver and would dramatically increase torque steer. The trick to serious...
Paul stipulating $7,600 for the SEC stock application insures that his final sale price is NOT HIGHER than the filing information, otherwise, it would be considered grievously misleading by the federal regulators. Beating an estimate is fine, misleading potential investors is not. It also...
The Elio is being tested to car standards. Eventually, the feds will modify the rules. The 'autocycle' spec was a quick and dirty way to separate the Elio from motorcycles without having to completely rewrite the automotive descriptive specification, testing, and other standards. None of this...
The world is rapidly eliminating the manual transmission. It's obsolete and slow. I have one. My next car will have an AMT. Look at almost all AUDI cars (A3, S3, A4, etc) except their top luxury models and you will find the double clutch automated manual transmission as standard and the only...