P6 ?

AJ Maxey said:

I just hope I'll still be in my 20s when they come out!

That being said, I think the first half of 2017 is sounding more realistic. If the P5 will take 20 weeks to complete, and the P6-30 are funded to be built simultaneously to be test, the time it will take for Elio to receive all of their safety and transportation certifications (which they'll need before production) will take them well into 2017.

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wizard of ahs said:

I wouldn't call millions of sales a failure

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Smitty901 said:

Just take the number 1000 works to built the engine. from what I have read it appears that was not given much though yet. Even if ELIO could setup a production line to build the engine in record time with all the equipment need. You do not just walk out the door and hire 1000 people walk them in and start training them then go to production. Many companies today it takes 2-6 months before you even get an interview. Back round checks paper work.
I am sure ELIO could trim that down but there is a reason it is done that way. You have to weed out problems before you hire them. Even then a percentage of people you hire will not make it the first week. If you hire 1000 people January 1 2016 by June not all of that 1000 will still be there.
There is money that must be paid starting day one. SS taxes various fees and taxes depending on state a city you are in. At what point will AWU and NRB show up at the door. There will be cost dealing with them and that kind of legal work is not cheap.
Of course it depends on their starting wages payroll and employee cost could be much more than all other productions cost.
Not saying they can't do it, they are going to need a major amount of funds in advance. Cash from sales in the amounts to keep the doors open is not going to roll in right away.
Real small business sometimes get away with robbing peter to pay Paul when they start ,out borrowing on credit cards and from family . ELIO is a little to big for that to work.

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imageon said:

I think that i read that EM has to start up the plant and employ some of the 1500 out of work union dudes or he will loose the lease on the plant because he already got an extention from Cado Parish to get crackin at the plant. This to me says we will see Elios rolling out of there as predicted second half of 2016.
MK

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Ty said:

The cash should start rolling in the very second that Elio #00001 gets produced... and on and on through at least 40,000 Elios, right? I mean, 40,000 are already ordered. So Elio should be able to rake in $272,000,000 plus options in the first 160 days and that's only producing 250 per day. Most manufacturers have to produce something and then hope that someone comes along to buy it. Elio won't have to do that. I'm number 3898 and if 3897 people in front of me change their minds, I'll still be here to buy #1.

(I've never seen a company that would keep someone on the hook for 6 months for a job. I'm sure there are jobs out there that take that long but I, for one, started working at the GM Plant about 1 day after my interview. Paperwork was minimal) It won't take 1,500 to man a shift at the plant either. Eventually, Elio may have that many people but at first, they won't need that many. Good thing they have Comau working with them to set up the line and IAV putting the motors together and training Elio's new people. Turnover won't be a huge problem as long as Elio pays fairly. There aren't many places that hire line workers in the area that would be competing with Elio. Sure, there are other jobs but Elio should be paying enough to encourage people to stick around. Those board members in the auto industry SHOULD know what they are doing enough to staff an assembly plant and keep it running.

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WilliamH said:

Incidentally, I took the time to look up Paul Elios answer from the July 2 AMA and here it is.
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"PaulElioMotors --------- answering Rog Wild on Reddit
Our casting supplier is Nemak. The process for the engine build is that Comau employees will build the Elio engines on the equipment we purchased from Comau, with Elio employees watching. Then we will flip-flop. Elio employees will build our engines with Comau employees watching, and eventually we will wave them away and say "we've got it from here."

I believe you are correct that the 1,500 employee estimate does not include the engine assembly. That is the vehicle assembly only."
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Hope that is helpful
Sorry, I should have included Rog Wild's question so here it is.

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RogWild 9 points 3 days ago

Mr. Elio; ref. IAV ENGINES - WHO and WHERE will the Parts for the 500-1,000 Engines (per day) be 'CAST' in order to keep the assembly line running? How will the “Elio Motors Engine Manufacturing Facility” and the regular 'Vehicle Assembly Plant', be able to function at that capacity (one engine/ vehicle per minute) with only 1,200 employees, when the Ford's Brook Park Plant (with 1,200 experienced workers, and a 1,200.000 sq. ft facility) currently only produces 50 EcoBoost engines per hour, running 24/7...... and they are ALL devoted to just making ENGINES!".............

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