runt2
Elio Aficionado
I consider the target delivery date on Elio's website to be misleading...Q4 '16 is not remotely realistic...
Quoting their recent SEC 1-U filing... "We have not yet generated any revenues and do not anticipate doing so until late in 2016 at the earliest, but more likely in 2017"...
In truth...there's really no need to place a reservation anymore...the Elio has become a stalled project to most consumers...and thus waiting for actual production is probably the most prudent action to take...
When I placed my $1,000 deposit in late 2013... I never could have never imagined there would still be not be a completed production ready prototype by now...
But the good news is...now that Elio is a public company...there will be mandatory quarterly report avaible to review with regards to their progress!
I disagree. Again, I can only speak for myself (as well as my brother and son in law who all feel the same), but we see EM as not stalled but moving steadily toward production. Elio's financial statements that they posted on their own consumer website (kudos for being transparent with this) gives us some concern and therefore some caution but we have enough excitement and confidence still that we will each invest our 1k before the 50% bonus ends.