Financing Elio Motors Development And Production

[jetpack54]

Interesting events for sure. I can understand the frustration the Parish team would have, given that EM's plans have pushed out considerably, and I would imagine there is escalating community pressure for the jobs originally projected for area, that aren't happening. So no surprise if they were or are still shopping this facility around for more qualified suitors, which just makes me question the level of basic commitment on both sides on this venture, its such an alarming amateur disconnect at this point in the process.

I would like to understand more about Plan B if it exists. I remain cynical still on the next funding level process, because of unsteady events like this that apparently are subject to change so quickly, it erodes investor confidence, unfortunately. I wish a franchise level suitor would pick EM up, and roll it into their product roadmap, the concept/design remains a winner for many reasons, the business team however is another story. The reason I stay connected to the Elio is that its entirely possible some group of angel investors may swoop in given the design story and its potential, with the pockets and support team deep enough to raise execution performance. As you said, we shall see.

It erodes investor confidence...really? 18,211 reservations as of May 22 and counting! You see you're too quick to discount the EM business team as if they're not trying their best. You don't know squat what's their plan or who's behind EM why they're still moving forward! We shall see is what you and everybody's got at this point so for you to speculate "blindly" just based on your past experience alone is just not smart at all.

 

[jetpack54]

Its fascinating how many people really buy into what is a surreal business plan with unrealistic sales projections. In the real world, which is not this forum of cool aid drinkers, the deck is considerably stacked against EM. I remain a dreamer as well, but some dreams are just too far fetched as this one is.

It's more like a nightmare for you....but you chose it to be! I'm telling you....call EM and just asked them all your concerns. You'll feel better afterwards.

 

[jetpack54]

Its fascinating how many people really buy into what is a surreal business plan with unrealistic sales projections. In the real world, which is not this forum of cool aid drinkers, the deck is considerably stacked against EM. I remain a dreamer as well, but some dreams are just too far fetched as this one is.

Now look who's being nasty!

 

[outsydthebox]

Interesting events for sure. I can understand the frustration the Parish team would have, given that EM's plans have pushed out considerably, and I would imagine there is escalating community pressure for the jobs originally projected for area, that aren't happening. So no surprise if they were or are still shopping this facility around for more qualified suitors, which just makes me question the level of basic commitment on both sides on this venture, its such an alarming amateur disconnect at this point in the process.

I would like to understand more about Plan B if it exists. I remain cynical still on the next funding level process, because of unsteady events like this that apparently are subject to change so quickly, it erodes investor confidence, unfortunately. I wish a franchise level suitor would pick EM up, and roll it into their product roadmap, the concept/design remains a winner for many reasons, the business team however is another story. The reason I stay connected to the Elio is that its entirely possible some group of angel investors may swoop in given the design story and its potential, with the pockets and support team deep enough to raise execution performance. As you said, we shall see.

I have read enough. I am ashamed of all of you. Even after "what the "EF" told you of his accomplishments! Who do you think you are? This guy is.......What did you say your name is?......never mind that...HE WANT'S THIS TO SUCCEED! After ALL of the supportive thangs he said.....He is actually in contact with a group of "angel investors". I know this because he said: (and I quote) ''The reason I stay connected to the Elio is that its entirely possible some group of angel investors may swoop in given the design story and its potential, with the pockets and support team deep enough to raise execution performance."...So He just doesn't want to tell us the good news, just yet. But, these guys ''have the pockets'' and "support team"( I'll explain what that means, cause I know y'all ain't that brite") That means: thay have the "money" AND the "brains"...Did you get that??? And, (what he said next)..."to raise execution performance" That means: they can "GIT R DUN" Then he said "we shall see." That means: I'll show you, It's as good as dun!!! "EF" Is also right when he said, ..."the deck is stacked against" EM, And he is RIGHT! It is MORALLY WRONG for EM to raise the MPG "bar" so high, so fast! I mean, 84 MPG ?!?!? Does Paul Elio really think that ONE MAN can change the way the OIL COMPANIES "do business" ???

What are you guys worried about? This "EF" guy KNOWS...cause he's...who are you again? OH, I forgot, YOU can be whoever you want to be...but you still smell like some one who is ( In the real world), "heavily vested", In competing technology. But NO, really, I hope you succeed.

 

[Horn]

Well, if you guys are willing to take the risk, I am more than willing to take the reward...

 

[RMClubfitter]

Well, if you guys are willing to take the risk, I am more than willing to take the reward...

When production starts I will up my anty substantially.

 

[Dustoff]

It appears that the former GM plant will be used primarily for assembly with the exception of robotic welding of the structural component of the vehicle.
ALL the other components will be supplied by outside, already established, vendors. There will be no stamping, forming or extruding of parts at that plant.

 

[Dustoff]

Why did Aptera fail?
http://www.greencarreports.com/news...pse-how-why-it-happened-a-complete-chronology

 

[whattheelf]

It erodes investor confidence...really? 18,211 reservations as of May 22 and counting! You see you're too quick to discount the EM business team as if they're not trying their best. You don't know squat what's their plan or who's behind EM why they're still moving forward! We shall see is what you and everybody's got at this point so for you to speculate "blindly" just based on your past experience alone is just not smart at all.

Investor confidence is not about people who plunk down measly reservations, those are not investments, those are imaginary placeholders for most.

Investor confidence is about how they are going to secure the 150M+ round of funding, just to start in on the first few so-called production units. The big questions are how, if, and when that is going to happen.

Having been through this process several times at this very fragile stage, and in more than a few industries, and seeing what is and isn't happening, and knowing what it takes to launch such a complex consumer product, requiring a large infrastructure behind it, and not seeing nearly a drop of credible "plans", only a paltry laughable set of financials, its far far more than mere speculation when you can stick a fork in this puppy.

As I said before, a few will get some, most won't, and maybe a few more will too if some group of wealthy, but mostly ignorant (as many are) angel investors with a big soft spot for the Elio, jump in, to this help hope to see EM hit a Stage 2 level of real cash flow.

As in most business assessments, they are a multifaceted evaluation of every part of said business, to be able to project with a probability of success or failure. Tesla is 50X better positioned and capitalized than EM could ever dream of, and even Tesla has the deck heavily stacked against them, and Elio is nowhere near the caliber guy Musk is. I'm just being realistic, and pragmatic, which has served me extremely well, and this operation is perhaps one of the most impossible aspirations I've seen out of too many to count.

This goose is cooked unless something extremely dramatic happens in funding, and in plant renovations to meet some kind of schedule that doesn't keep moving out and out and out, and in significant hiring. So the probability of that happening given the track record so far, is unfortunately, zero.

 

[Dustoff]

0?
I wonder what the Vegas odds are?