Where's the money? Where will it come from? Why is that such an offensive question? Money is serious. Finding suppliers that will let you purchase their product is not. We all do that in some form nearly every day. People having a hard time coming up with a $1k deposit turn around and act like $200m is no big deal? Shouldn't be a problem. What? $1k is a lot, so is $200m.
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Financing Elio Motors Development And Production
- Thread starter elio_curious
- Start date
Where's the money? Where will it come from? Why is that such an offensive question? Money is serious. Finding suppliers that will let you purchase their product is not. We all do that in some form nearly every day. People having a hard time coming up with a $1k deposit turn around and act like $200m is no big deal? Shouldn't be a problem. What? $1k is a lot, so is $200m.
Kuda
Elio Addict
No one said that 200 mil is no big deal. Angel &/or Venture Cap.'s don't advertise their involvements. Previous attempts @ govt. monies didn't work out. That
isn't to say that that avenue is foreclosed(npi) but typically we would see some evidence of applications, etc. If there aren't some deep pockets waiting
in the wings to see if this bird will fly, then they are in serious trouble, no matter how serious they are. I still stick to my point that the 3rd $& 4th qtr's of
'14 will validate 2015........................
HoofHearted
Elio Aficionado
If the Elio gains as much popularity as I believe it will then I think it would be a good investment of taxpayer money as a loan (or even a grant if it ever came to that). Less than a buck per person in the U.S.. The savings in future military expenditures used to preserve our supply of foreign oil would be far greater than the initial investment of public funds. Then there are the environmental benefits.
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BlioKart
Elio Addict
I agree. If this is a scam its a very detailed one. To get all these companies onboard just to go oh well no funding. SOL.
PhilGoings
Elio Addict
Not to throw too much cold water on the subject but we must remember when the government squashed the 100 mpg carburetor. I don't think we can count on much help from Washington. We have to remember government is big business and big business is government.
JP
Elio Addict
You are a customer, not an investor. I am very impressed that they are keeping a weekly email list with updates. However, do not expect them to divulge any financials to the public as they have no stockholders. Real world testing requires a real world testing team. It is highly likely that Elio has under 50 people working for the company right now compared to the thousands working for Ford or Toyota. They simply do not have the manpower or capital and unless you want the price raised, you should be able to accept the progress that they are making. If you are so doubtful about their success, you should not have put your money on a deposit.
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PhilGoings
Elio Addict
PhilGoings
Elio Addict
Say what you mean and mean what you say, those that matter won't mind and those who mind don't matter. Where do you fall in that statement? That post was an opinion like any other in this conversation, (unless you have been appointed God) take that shot and put it where the sun doesn't shine.
3 Card
Elio Addict
Again.. Elio went on to another plan estimating they would quickly raise 200 million by offering reservations and actually thinking that 200,000 people would send 1000 bucks to reserve one.. Well it ain't working, so far 15,000 reservations , only 1/4 of them for 1000 bucks ( they claim ) the rest sent chump change of 100 or so dollars..The way I figure Elio has come up about 193 million short.. Another thing that makes me question the truth of the almost 16,000 reservations Elio claims to have is the count in the Elio Owners web / chat site..It's less than 1000 members.. So the other 15,000 people who reserved aren't interested in sharing ??? Wierd huh