And: Initial 10 retail stores build out complete – Month 14They are pretty clear that they need $265 million to make it to production. $25 million now to do the E-series, and another $240 million to build the S-series and start production. Hopefully they can get the $240 million lined up during the 6 months that they are working on the E-series.
Just noticed that they plan on selecting the first 10 retail locations in Month 10, and getting the leases signed the next month.
This is very different from what I heard from Paul Elio at the LA invitation event. He said the stores would open 12 months after production started. Did I misunderstand him or has plans changed? I really hate to post information and that information end up being incorrect!
Of course, these are only 10 stores (in strategic locations?). I would like to know what those locations are. When will the remaining stores open?
How does this affect delivery. Do we pick up our Elio vehicles at these 10 stores?
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