Elio Crowdfunding

[AriLea]

A thought occurs to me. Paul expressed a sizable concern about crossing the unknown 'lines' that could jeopardize the A+ campaign in the SEC's eyes. While I think right now it would greatly benefit the A+ to announce advancements in the P5 etc, it could also be seen as manipulating the A+ activity.
So EM may well have to 'silently' stick to the 20week schedule, just because that was already made public. But after the SEC gives it's approval and the money is locked down, then EM is free to announce anything they feel is relevant. EM may well stay very quiet about everything until then.

 

[WilliamH]

I really wish that people would stop referring to 20 weeks as a schedule.
It isn't, and it never was.
Paul said that the P4 was built in about 20 weeks and that he thought that P5 could be built in less.
Does that sound like a schedule?

 

[AriLea]

I really wish that people would stop referring to 20 weeks as a schedule.
It isn't, and it never was.
Paul said that the P4 was built in about 20 weeks and that he thought that P5 could be built in less.
Does that sound like a schedule?

Well, the point is, it's something made public before the A+ program was started. And acting on that will not get EM in trouble with the SEC.

 

[Rickb]

I really wish that people would stop referring to 20 weeks as a schedule.
It isn't, and it never was.
Paul said that the P4 was built in about 20 weeks and that he thought that P5 could be built in less.
Does that sound like a schedule?

So what do you feel is a reasonable time frame based on PE's P5 build time statement? I read PE's statement to mean about 20 weeks more or less, but not weeks and weeks turning to months and or years longer. Maybe 25 weeks. The Prototype builders are professionals, it's what they do. The only thing that would slow them down would be lack of specifications to fabricate the vehicle or lack of money to pay the bill.

 

[WilliamH]

Well, the point is, it's something made public before the A+ program was started. And acting on that will not get EM in trouble with the SEC.

So what do you feel is a reasonable time frame based on PE's P5 build time statement? I read PE's statement to mean about 20 weeks more or less, but not weeks and weeks turning to months and or years longer. Maybe 25 weeks. The Prototype builders are professionals, it's what they do. The only thing that would slow them down would be lack of specifications to fabricate the vehicle or lack of money to pay the bill.

Schedule: a plan for carrying out a process or procedure, giving lists of intended events and times.

I have frequently said that based on Paul's statement I thought we could probably expect to see the P5 by Thanksgiving. But that is only my guess. It is not a schedule.

 

[bowers baldwin]

 

[Ekh]

Schedule: a plan for carrying out a process or procedure, giving lists of intended events and times.

I have frequently said that based on Paul's statement I thought we could probably expect to see the P5 by Thanksgiving. But that is only my guess. It is not a schedule.

Lots of other possible reasons for taking a while -- key worker breaks a wrist, strike at supplier's plant, truck carrying parts breaks down or is lost when a bridge on the interstate lets go, Elio changes their mind about a component at the last minute, engine assembly is delayed at IAV, batch of body panels specs out at 1/16 too thin, somebody messes up a critical part during assembly, and so forth ... none of these predictable, and none preventable. S*** happens. Oh, yea, some other key person's daughter came home married to a wholly inappropriate person and the key person's gotta deal with the fall out from that for a week or more.

You can go nuts fretting about this stuff. They want it done, we want it done, and it will be done when it is done.

 

[Ekh]

As for schedules, I thought we were going to get more information about schedules, timetables, and "accountable time lines" from Elio after the supplier's summit. Still waiting for that one.

 

[JEBar]

As for schedules, I thought we were going to get more information about schedules, timetables, and "accountable time lines" from Elio after the supplier's summit. Still waiting for that one.

they did as promised .... announced production date set for last quarter of 2016

 

[JEBar]

You can go nuts fretting about this stuff. They want it done, we want it done, and it will be done when it is done.

absolutely ..... I doubt anybody wants thing moving faster than Paul and his folks .... as the old saying goes, it will be ready when its ready