What's Your Theory?

[Lynn D]

I'm going to stick with Silver and Gold. The Burl Ives Christmas Addition.

 

[Karg]

Excuse me for being stupid, but just how can I use my non-refundable $1K Elio reservation apply towards a Solo?
I must be missing something, maybe a brain, please elaborate. - thanks

 

[Elio Amazed]

Excuse me for being stupid, but just how can I use my non-refundable $1K Elio reservation apply towards a Solo?
I must be missing something, maybe a brain, please elaborate. - thanks

You simply email a copy of the confirmation email that you got from Elio Motors when you gave them $1000 to Electra Meccanica.
They'll reserve you a Solo for you and give you a $1000 off of the regular price. Details are on the Electra Meccanica website.

 

[wizard of ahs]

I am thinking white also, with a black stripe like the racing Solo.
Would be really nice if was painted under topcoat, not decal.
Also nice with white interior, then no A/C would be okay for me. View attachment 22226

but, A/C is a MUST for this old, fluffy geezer

 

[Rickb]

Excuse me for being stupid, but just how can I use my non-refundable $1K Elio reservation apply towards a Solo?
I must be missing something, maybe a brain, please elaborate. - thanks

Keep in mind the normal $250 SOLO Reservation Deposit is waived with your Elio Receipt Deposit, so no additional out of pocket expense, totally risk free.

 

[booboo]

but, A/C is a MUST for this old, fluffy geezer

I thought about it, and rarely use the AC in my grey Ford Focus. It is garaged, and only used to go shopping, or to the dog park.
Sure, A/C is needed for long trips, or during summer days, but I do not see myself parking the SOLO in a 100 degree parking lot, often if ever.

 

[Samalross]

I think that the tour of the car needs to start up again, little money spent would equal Big returns>?

You are right. This was bringing in money and interest. Should of been the last people to be cut, not the first

 

[RSchneider]

This is where Paul has demonstrated his inability to properly manage and look long term. In 2016 he burned through a boatload of money and pretty much ran the company out of cash. If you look at the SEC filings, Elio was bringing in a pretty good amount of money through reservations. Obviously they needed to spend money to make money. When you are letting the money go out way faster than it's coming in, you will run out in short order. Why Paul didn't throttle back on the spending and keep the roadshow going is beyond me.

I looked it up and Elio raised around $26M in 2016, on just reservations alone. With no show, no social media, no contact with anyone, you can't expect that a website with a blog is going to generate any meaningful income. Think about it, the last time anyone has seen Paul was in May at the press conference in Shreveport. It's coming up on 6 months and the frontman for the company with his name, is nowhere to be found. Paul is setting the perfect example on how to ruin a company image and faith in the product.

If Paul is reading this, you need to man up and take the lumps. You don't only come around when times are good. Successful management and ownership is there through good and bad. Showing your face and giving an update all while letting people know in person that you appreciate their support over the years, will go a long way in helping you turn your company around. The ball is in your court. What are you going to do?

 

[LillyMayPatterson #1685 & #5648]

September 22, 2017 Darth Vader reported seeing Paul in down town NYC. Paul told him to watch the news in the next few months. IM said Paul has been there 15 times in the past 4 months.
Kind of puts your petty demands back on the back burner, now doesn't it? You don't suppose he just doesn't have time to entertain us? I mean he is trying to get a brand new, never heard of vehicle manufacturing company started here.

 

[Billy Rubin]

No new post for two days! I hate to see this forum die, using it keeps me off the streets so the dogs don't piddle on me.....

I have a theory as to why we are not seeing any progress on the Elio front. I think we would all agree the problem is financing. The Elio car is a good idea and the reservations show it will sell. So, why can't they get money for production. My theory is that, simply put, Paul doesn't what to give potential investors what they want. He wants to keep the lion's share and all the control of the company. So essentially it's not a good deal for the money men.

That's my theory, what's yours?

Doesn't matter the reason. The bottom line is Elio never made it to production. No cars on the road. I posted maybe 4 years ago that Elio is taking the same route as all the other smart compact vehicles that never saw production. Someone removed the post because they didn't want to hear negative realism. We all still remember Aptera? Think car, venture carver, etc etc. These cars take too much capital to start for too small of a niche market. Try selling as an easy kit to assemble from parts in the buyers garage.....like aviation does with experimental aircraft.