5/29/2014 Car Talk - Crowd Pleaser: The $6,800, 84-mpg Elio Is Getting Closer

[whattheelf]

That is encouraging. For a private company, that has zero obligation to share their financials with us, takes the time to do just that and to clear up what was misunderstood by the writter. I appreciate the transparency.

Short 150M, they can only milk it for so long and stall buildout, modifications, and suppliers for so long. It won't matter how cool it is, if you can't finance dialing the design fully tested, you don't have a frozen BOM/model to go to market with, to start buying parts for, that simple. It is far more speculation this is going to happen than not. Will be looking for funding updates but not expecting it to happen.

I'm going down to see the one on tour in Braintree MA this weekend, I'm keeping an open mind about the prototype, but in person is the only way to tell if this has mass market appeal, and if it actually can be built for the price advertised.