Financing Elio Motors Development And Production

[John Painter]

Gee, you look so much older than 70! I see I'll have to go easier on you than I have. Existentially you can visit your IRA anytime without fear of penalty! May the goddess Lakshmi shine upon you.

When I said visit my IRA, I meant it in the biblical way... damn that Freud!

 

[Kuda]

When I said visit my IRA, I meant it in the biblical way... damn that Freud!

 

[ElioDigger]

that is what I thought. no large lots.

 

[Ty]

Tesla has stores in OHIO, Ty. The one I visited near Cleveland has a full service center.

Oh. I thought they only sold direct and couldn't sell in Ohio. I am apparently wrong. Thanks for correcting me.

 

[Rickb]

I paid a reservation fee to reserve an Elio vehicle (not a dream), what happens from that point forward remains unclear, from an objectivist perspective anyway.

My reservation deposit is down on a dream from one of the fastest growing companies in the country without a product. It's a funny reality.

 

[elio_curious]

Wow I'm amazed that this thread I started is still Alive!!
I'm still crossing my fingers that the Elio will actually make it into production.
IF it actually happens AND people like driving/owning it for it's unbelievable price, I think it will fundamentally change the auto industry.

Financing a dream is tricky, but not impossible.

 

[Rickb]

I don't think it will impact the auto industry much as an and vehicle. What it may crush is the used car market. We need a Santa Clause Moment in the EM funding department soon.

 

[ecdriver711]

Wow I'm amazed that this thread I started is still Alive!!
I'm still crossing my fingers that the Elio will actually make it into production.
IF it actually happens AND people like driving/owning it for it's unbelievable price, I think it will fundamentally change the auto industry.

Financing a dream is tricky, but not impossible.

Totally agree.

 

[John Painter]

I don't think it will impact the auto industry much as an and vehicle. What it may crush is the used car market. We need a Santa Clause Moment in the EM funding department soon.

There's always one in the bunch bringing everyone back to reality.

I'm not sure Elio needs a Santa as much as just a good POC to provide investors and ATVM, in that regard 40,000+ future customers in the basket is a strong case. Is it generally good in start up ventures of Elio's size, to have a lock on future revenue like they do? Or is it not considered a proof of concept?

 

[Rickb]

There's always one in the bunch bringing everyone back to reality.

I'm not sure Elio needs a Santa as much as just a good POC to provide investors and ATVM, in that regard 40,000+ future customers in the basket is a strong case. Is it generally good in start up ventures of Elio's size, to have a lock on future revenue like they do? Or is it not considered a proof of concept?

The Santa I refer to would be just one of the funding option investors dressed in a Santa Suit. It could very well be the Director of the DOE signing off and approving the ATVM Loan Application. It will feel like an early Christmas present to me from whoever the first emergency funding responder is to pump financial life back into Elio Motors.