I don't think investors would give Elio or Iyer the time of day.Correct. That had nothing to do with Elio Motors moving there. Stu needed a favor and Paul is required to do what he wants him to do. If Paul refused, the Elio website would go down and there would be an announcement that the company is out of business. Stu bent over backwards for Paul and gave him the opportunity to run with this.
Other than that, the last real communication was in September 2018 when it came to the mystery powertrain that Elio is going to use. Again, very murky press release that tells us nothing.
On a side note, that Lordstown plant is to be building the Workhorse truck that had it's debut last week. Lots of fanfare but short on detail. So let's see if they can actually build it, then sell them. The announcements are easy to do. It's the development and manufacture which is hard and consumes lots of cash. Just like what we seen with Elio Motors.
Seems to me, investment in American made vehicles is going to electric pickups and not three wheelers. There must be a reason. If I was Paul, I'd sketch up an electric pickup that's the size of a 1990 Chevy S10 and announce production in 2022. That would generate some interest as the plant made the S-10, so it's set up for that. Not everyone wants a big pickup, so make a small one.