I saw that disclosure some where and I thought it only said 164 mil. This guy is full of s-it. If they go down, it will not be from anything he mentioned. He said EM should of gone the route of using off the shelf parts like that other company and they are.
He kept saying how he would like to see EM make it, all the while drilling a hole in the bottom of the EM boat.
I think there is a bit of skepticism from him….I am just as skeptical but I also hope it does get off the ground
I wonder how many units do they have to sell a year to make sure the company is viable for the long term? At $1000 per unit, Elio would have to sell a lot of vehicles to pay off loan obligations, the employees, etc…..I wonder what infrastructure is in place to support this car (i.e. do I have to drive 200 miles to the nearest service area or dealer???)