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Another Elio Blog With Nothing New...

Coss

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Although, taxes wouldn't be due until the following year. That gives you a year to get an accountant and figure out how to divide the money up between charities, investments, etc. so that you get taxed the least amount. Because when you have money, you can afford to legally cheat the system.

And you aren't really "losing" any money with the lump sum option. That cash amount is the same amount that would otherwise be getting shoved into a government-run savings account, and the "$1.5 Billion" number is just the estimated total including compound interest over the lifetime of the annuity. But due to inflation, I imagine that grand total 20-30 years from now and the lump sum today are probably worth about the same.
You might want to look at this then

https://www.usamega.com/powerball-jackpot.asp

The ideal way to do it; you have a year to claim it; you go and buy a small island in the south pacific and create your own country; then get the US to want to help you out and want you to be a friendly (like Guam or Soma) then cash your ticket; plus you can get aid from the US.
Or something like that :becky:
 

TeamCoconutOreo

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This is my favorite quote from the article, "But the company is reportedly pinning its hopes on a loan from the Department of Energy's (DOE) Advanced Technology Vehicles Manufacturing (AVTM) loan program."

What I love about it is the word"reportedly" which carries no weight without a reference. It's the tabloid tactick. Reportedly the writer of this particular article is a habitual liar that occasionally throws in a fact into his articles to make his lies more believable.

I love it!
 

Coss

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I find the comments after more entertaining; here's one from someone that calls themselves Aaron
Aaron 5 hours ago
So much wasted money on Elio already, lets not waste anymore. They've had plenty of money, and time, to develop an actual full prototype, and yet they haven't.


Stick a fork in them, they're done.

I wonder what the P2 thru the P5 are?

Or this fine bit of math (must be that common core math)

Aaron Catbeller4 hours ago
I would call the $300M in pre-orders wasted money. As I would the investments. I didn't specify wasted "public" funding...but I am asking that no public funds be wasted on the company.


EM has $300mil in pre-order money? Wow, I wonder where it is?
Unless he means they have orders for $300mil; but he quoted "In pre-order money"
 

Coss

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Back on topic, here's something new from the blog:
(It's funny in one part)

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Get Ready for the Snow!
by The Elio Team

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Happy Friday Elio’ers! We hope our friends, fans and family along the eastern seaboard are buckling down and getting ready for the upcoming weather. CNN is already calling the storm “Blizzard 2016” and some areas are preparing for some serious snow (Baltimore 18”+, Washington DC 2½+ feet). Stay warm and safe.

With "Blizzard 2016" looming (what are they going to call the next storm this year?), we felt it would be a good time to answer the oft asked question of “how will Elio do in the snow"? We understand that many of you have heard this, but this question invariably comes in through email and social media 30+ times a week during this time of year. It is a great question for those of us that live in the areas of our beautiful country that get weather (oh, and 70 degrees and sunny most of the year is not “weather”).

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Before we get started, the Elio is not built to run through 3 feet of fresh heavy snow and will not accommodate an eight foot plow mounted to the front. We have not tested it in nine foot snow drifts. If the road to your home is a mile long, at 10,000 feet in the mountains of Colorado, that doesn’t get plowed, we would encourage you to have another vehicle for the couple of months that it snows. There are a number of companies that sell vehicles made for that type of activity, many of which you could buy for $68.... thousand!

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The Elio is: a front wheel drive, front engine vehicle with most of the weight over the front wheels. The two wheels in the front configuration, with the drive wheels with the engine over top, will create good “traction action.” The Elio will also come with ABS, stability control and traction control. It handles like a small front wheel drive car on dry pavement and we are confident that the production vehicle will handle similarly to the car in the snow.

If there is two feet of new snow, stay home like everyone else or break out your Urban Assault Vehicle. But with the roads plowed, the Elio will be a solid winter vehicle. Remember that heat and AC is standard and we are planning many cold weather options as well, some of which will be rolling out in the coming months for you to start planning.

Click the video below to see our P4 snow driving in Michigan.

Elio Preview Tour

Now through January 24 – Detroit, Michigan; North American International Auto Show, show hours, P5 show
SPECIAL NOTE – We are in the concourse, before you get in to the main show, which is open to the public without a ticket


Thanks for your support.

The Elio Team | January 22, 2016 at 7:03 pm
 

Keith Stone

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Is it just me, or have the past dozen or so blog entries just been rehashing the same old news? I suppose it's good to know they are still alive over there, but Im not sure this is any better than silence.

PE_Milk.jpg


Still hoping this venture works out... ;)
I agree today's blog of the elio in the snow was totally more fluff!
 

Elio Amazed

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I can agree with that but...
Again, my take is that it's considerate and shows everyone that the lights are still on.
I also agree that it's been awhile since they've blogged the winter capabilities information.
In that while, there've been a number of Noobs getting the emails and reading the blogs.

Even though there's apparently nothing to report and/or nothing that they are currently at liberty to disclose...
Would you rather hear absolutely nothing from them for months/years at a time like other start-ups?

I like the fact that they're taking the opportunity to (re)state that the Elio will go in reasonable winter conditions.

I also like them basically saying, "Hey, for $6800, if you have two feet of snow, buy a big dog or stay on the porch."
 
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Frim

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If they had already built the production line, the tours would be raking in orders, but after all these years they still only have 48,XXX orders.... Very lame.

Just build the damn thing ! This is getting old !

Patience.... the emancipation proclamation was 10/22/1862, effective 1/1/1863, rumored in Texas in May of 1865, and read officially in Galveston on June 19, 1865 by General Gorden Granger. Thus we have the long awaited Juneteenth. But it did arrive. I am still waiting for my Elio.
 
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