1. Welcome to Elio Owners! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.
  2. Hate the new look? Click Here to learn how to go back to the old one!

I'm All In....

Discussion in 'Indiana' started by wizard of ahs, Jun 12, 2014.

  1. floydv

    floydv Elio Addict

    Messages:
    1,153
    Likes Received:
    2,584
    Joined:
    Nov 29, 2015
    Location:
    California
    Already did! :D
     
    TCBronson and Ekh like this.
  2. Ekh

    Ekh Elio Addict

    Messages:
    3,783
    Likes Received:
    9,478
    Joined:
    May 2, 2014
    Location:
    Loveland OH
    The locked-in poll has been running for two weeks. It bobbed around at first, but has been stable for the past week at abut 93% yes, 7% no.
    When it's that consistent, it's saying something real, about this group at least.

    What concerns me a bit is that we are the aficionados, the gung-ho, the faithful. If 7% of us are reluctant to sign a statement of commitment, what percentage of "wash-outs" (a convenient term for all-inners who won't also commit) can Elio expect from the much larger and much less dedicated pool of all-ins?

    If it drops below 75%, I'd see that as a real problem, and under 50% as extremely serious. On the other hand, 65,000 is not a number written in stone by the DOE; it's an arbitrary number Elio set in order to get something solid to the DOE in the near future. I know they don't expect 65,000 commitments -- in fact, they're expecting a significant wash-out percentage.

    That's why it's so important for Elio to communicate accurately, often, and clearly about the commitment business. They've started to do that, and I sure hope they continue.
     
    TCBronson likes this.
  3. floydv

    floydv Elio Addict

    Messages:
    1,153
    Likes Received:
    2,584
    Joined:
    Nov 29, 2015
    Location:
    California
    It's hard to believe 65,000 is a completely random number that EM pulled out of the air thinking it would somehow satisfy DOE and the ATVM loan officer. I think it's much more likely the 65,000 figure was reached through mutual negotiations and reflects an expected combination of a desirable commitment rate (I prefer to use positive terms) somewhere between 1 and 100% and non-commitment market interest.
     
    TCBronson likes this.
  4. TCBronson

    TCBronson Elio Addict

    Messages:
    730
    Likes Received:
    1,322
    Joined:
    Nov 12, 2014
    Location:
    Hot Springs, Arkansas
    I have wondered where EM got the 65000 goal?
     
  5. Lynn D

    Lynn D Elio Addict

    Messages:
    147
    Likes Received:
    169
    Joined:
    Jul 28, 2016
    Location:
    Foot Hills of Smokey Mountains

Share This Page