50% Bonus To End At The End Of May ???

[Coss]

I believe that they are rapidly approaching the point of production or failure. The rents have been postponed about as long as possible and they have to get some real cash flow going to continue.

This is not necessarily a bad thing since it requires decisions by those indecisive. There is always something more you can do, but it's time to transfer those thoughts to the SECOND model and get the first one under production.

As for me, my desire to go all in for $1000 didn't match my ability to go all in with one month's notice. So I'll just wait.

But it wasn't a one moth warning; it has been known for the last year that the 50% bonus could end at any time. It happened once before, only to be reinstated a month later, with the notice about "can end at any time" given then.

This final cutoff notice was a formality they really didn't have to do, but they did do it about as courteous as they could.
They are still offering a 25% bonus, unlike the first cutoff.

 

[TCBronson]

When they cut it off before, was it brought back because of an overwhelming request to bring it back or because they saw a drop in reservations? They might see a drop in the reservation trend in June and decide to bring it back? Who knows what the strategy actually is but it interesting to me the timing they chose.

 

[TCBronson]

It would be nice to see a huge jump in reservations because of the decision to end the 50%!

 

[Jambe]

Elio Motors will never go back to a 50% bonus.

 

[Marshall]

Take out a one or two month loan then. The interest you will pay will be much less than the $500/$250 bonus.

The credit has been maxed out. I'd thought of that, but everyones' situation is different.

 

[LillyMayPatterson #1685 & #5648]

It would be nice to see a huge jump in reservations because of the decision to end the 50%!

I will find out Monday, the 16th. That is when the next batch of SILs will be sent out. I am in that bunch and I marked it on my calendar.

 

[KD]

I believe that they are rapidly approaching the point of production or failure. The rents have been postponed about as long as possible and they have to get some real cash flow going to continue.

This is not necessarily a bad thing since it requires decisions by those indecisive. There is always something more you can do, but it's time to transfer those thoughts to the SECOND model and get the first one under production.

Agree with the above statement 100%. In their filing with the SEC, there are a lot of items that come into play at the end of July, 1st of August.

Definitely time to sh!t or get off the pot as some say...