Market study? Ten thousand reservations appears to be a pretty good start. I guess they are shooting for a much larger ELIO market than originally anticipated?
The number of initial production lines will be dependent on the result of the market study. If the MS shows there isn't much interest beyond the 10k, they'll fold. If the MS shows potentially 100k first year sales, they'll design the plant to accommodate that production throughput. So yes, an official market study is necessary.