Elio Crowdfunding

[Johnny Acree]

Yes, I'm just sayin the profit has been spent

 

[JEBar]

Yes, I'm just sayin the profit has been spent

EM should be able to cash flow their way through the production of the reserved vehicles .... with 1 - 2 days between the build and the sale, most if not more money should be coming in than it cost to produce the Elio .... the more options, the greater the difference would be .... once the reservations have been taken care of, the profit on each subsequent Elio would kick in .... I believe that once they get into production, they will quickly get into the black

 

[Rickb]

A few years down the road, after production begins, before EM is in the black.

 

[Ekh]

EM should be able to cash flow their way through the production of the reserved vehicles .... with 1 - 2 days between the build and the sale, most if not more money should be coming in than it cost to produce the Elio .... the more options, the greater the difference would be .... once the reservations have been taken care of, the profit on each subsequent Elio would kick in .... I believe that once they get into production, they will quickly get into the black

Don't forget the profit from selling carbon credits to the Big 3 Gas Guzzlers. That's where a lot of the true profit lies, I'm told, but I know very little about how that works (yes, you heard it here, something Eric doesn't know much about).

 

[Rickb]

Don't forget the profit from selling carbon credits to the Big 3 Gas Guzzlers. That's where a lot of the true profit lies, I'm told, but I know very little about how that works (yes, you heard it here, something Eric doesn't know much about).

I don't believe the the motorcycle/autocycle classification meets the requirements for selling carbon credits to car companies.

 

[LillyMayPatterson #1685 & #5648]

Hey All, What has been going on all day? 95%, no corrections? Weird.

 

[Okie51]

How do you get a "net loss" with $292+ million in sales and that's just with current reservations.

Good point. Also how much will they make on our options to base model?

 

[Ekh]

I don't believe the the motorcycle/autocycle classification meets the requirements for selling carbon credits to car companies.

I don't know if the pending auto cycle legislation in congress would affect that or not. But it's an automotive engine and automotive tranny; the case an (and I'm sure will) be made.

 

[Ekh]

Good point. Also how much will they make on our options to base model?

A bundle, like every other car maker.

 

[Ekh]

We're sneaking up on the goal -- 5:40 PM EDT
$23,734,515
6,207 participants
$3,823 average "pledge"

The average "pledge" is trending down, which IMO is a good thing, as it speaks to more genuine "crowd" and possibly a more authentic group of participants.