“Again, they still claim to have to spend another $85M on R&D all while only spending $62M to date.”
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Remember, whatever that bloated number is, it was paid to Paul and Hari’s ‘engineering’ company, ESG Engineering. The more money they ‘lost,’ misspent, or can’t account for, the...
That entire Elgin dash fiasco shoulda ‘sounded the alarm’ that business sense wasn’t Paul’s ‘long suit.’ Between that and commissioning a new engine it’s pretty clear that ego was a big driver. It’s not readily clear to me that Paul has engineering chops either. I think we can all agree...
There is no ‘company’ to take over: maybe 5 very obsolete and drivetrain-less prototypes scattered around likely in garages, there’s no office (never was, just a room in a office monthly rental facility, there might be a trailer if Joel didn’t take it with the RV. There’s of course non...
I’m not knowledgeable about the ‘ins and outs,’ If EM is getting gutted, where is there any money to be made? No one actually bought significant as amounts of shares when it just mysteriously and suspiciously spiked a few days ago. We all mostly know the money went to ESG Engineering years ago.
Ok some good news on this front: i may soon be getting the official communication between The DoE ATVM office and Elio Motors (EM ostensibly represented by Hari S.Iyer, the well compensated DoE Liaison and Consultant).
What I’m thinking about doing, rather than exchanging emails and forwarding...
Of course. But if they were or are thinking about EM or their pool of reservationists and investors, they sure weren’t letting us know. I’ll stick with the simple theory.
Have you heard from either one in the last two years? It’s abundantly clear that Hari has tried at least two more failed endeavors since the EM debacle. Maybe you know something the rest of us don’t?
I’d say that Paul and Hari have ‘moved on,’ to put it politically mildly. And just for the...
I agree, Paul and Hari ‘moved on’ quite sometime ago. Of course that doesn’t mean that if they try this again, their new ‘reservationists, investors, and supporters’ shouldn’t learn from our experiences. Anything they claim re: sound engineering, viable business planning, and communications...
If one went ‘non’ they ostensibly received a larger discount, of course the final price wasn’t fixed so they could just add that burden on to the final price. But ‘in the end,’ what’s say 10 percent of nothing? Nothing, and that’s what we all got.
Interesting..... Refundable, or not, how would one go about getting a refund or otherwise communicate if the Elio Motors website is down. It would also be interesting where that ‘one response’ was: was it the first of many or the last of many?
Should this topic be moved to a more appropriate...
Sam,
I agree that the tilting probably mitigates some of the dangers of ‘single wheel forward’ trikes. My experiences on those non tilting ATVs Is riddled with close calls: the tremendous leaning i had to do was about half directed towards keeping the lone front wheel ‘on the ground.’ I’m...
“As a registered professional engineer, I have never encountered a single other engineer, in my decades in the profession, that would even begin to entertain such grandiose claims. Unsubstantiated, impossible to validate claims that have no basis in reality. No other production vehicle has ever...
“When I happened across the Elio Marketing campaign, I thought to myself WTF!, a typical drive train would cost more than that, as I locked in my $100 refundable reservation deposit to show interest, just in case it happened in the stated 15 months to market. :) It was a fun three wheeler...
We all know we never got our vehicles, i just want to see if we were intentionally ‘taken for a ride.’ Plus, I personally don’t want to see any of the Elio Motors gypsies in another adventure where they cite their business and engineering experiences as ‘successful.’ They always wanted...
Perhaps I am making too much of this, but it was pointed out to me that it’s interesting that my initial FOIA request was being researched and processed by a staff ‘clerk.’ Now It appears to have been assigned to an attorney. I have no idea if this is significant and/or it pertains to my...
Just heard from the DOE FOIA attorney who has been assigned my FOIA request! We are moving forward finally! Anyone want to give me a ‘scope’ question? I am focusing on what and when Hari and Paul knew about the ATVM loan status. It is my contention that EM was never a contender and they...