I bet Elio's could be purchased thru private Elio Stores in those locations. A kiosk in a shopping mall or a sales desk in an Enterprise Auto Sales or Enterprise Rental Location is perhaps all they need. No inventory required with on-line ordering.
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Financing Elio Motors Development And Production
- Thread starter elio_curious
- Start date
Take a look at the Fisker and Solaris loan amounts, you may have to squint to see them, not a big % in comparison to others. Many more succesful loans even on the Solar side than failed which is why the DOE program has made money on providing that low interest venture capital. It seems we focus on the 2 small failures and don't look at the overall success. Even private venture capitalists took a hit on Fisker and Solyndra. Can't win them all. Elio's loan request smaller yet. My money is on ATVM loan approval.
RUCRAYZE
Elio Addict
Isn't that the plan everyplace in the U.S.? A store with the options on the walls, a few outside for test drives, get the OTD price, come back next day to close the deal and take possession of your E
Yes it is. Similar to the Tesla Motors Sales Boutiques
BobG
Elio Fan
I think Paul is doing everything he can to move EM forward without losing control of his company to the venture capitalists. I want him to succeed, and I want my Elio. Here's how I think this could be accomplished - Paul should gift every first year reservationist a small amount of EM stock when the future owner pays the full $6800 up front. This money would be fully refundable up to the first day of production. Let's say Em is capitalized at 1,000,000 shares, and up to 6 percent is dedicated to the potential 60,000 1st year reservationists. That's 1 share per autocycle. If EM can get to the point of building 250,000 Elios per year ($250 M profit), then the company will be worth a very conservative 2.5 billion, and that one share will be worth $2,500. What does this do for EM? 60,000 reservationists X $6,800 = $408 M in the bank waiting for production to start. Don't you think they might be able borrow substantially (as opposed to giving up equity) against that collateral? Paul could even make things more interesting by committing all 60,000 shares no matter how many reservationists take part. In other words if only 1 person plunks down the $6,800 then when production starts they'll get all 60,000 shares. In addition, maybe the people who participate in this program might become eligible to become citizen salesmen with compensation. We know a lot of people will be showing off their Elios and giving test rides. They might as well get paid for it.
Maybe Paul is just another greedy hustler, but he's never come across that way to me. The more collaborative a relationship he can have with his first year customers, the better off EM will be.
Maybe Paul is just another greedy hustler, but he's never come across that way to me. The more collaborative a relationship he can have with his first year customers, the better off EM will be.
first, welcome to the forum .... interesting concept .... have you considered submitting the idea to EM ....
Edward
Elio Addict
I have every faith that the Elio will be as safe as they claim it will be, But a strategy of going low in an accident sounds like a horrible idea. I destroyed my Camry a couple years ago by hitting the trailer hitch on a Tacoma. Tore right through my radiator and sheared off the mounts. Now imagine a lower vehicle with a shorter hood. Imagine hitting some urban cowboy in a jacked up Ram or F150. I can see that hitch going through the windshield instead.
RUCRAYZE
Elio Addict
Welcome from THE Sunshine State, well, you covered quite a bit in your post, now sit back (or read some past history) and see your ideas that have been discussed and "re-discussed". You've covered,basically, the spectrum of the forum's "insights"
just a small piece of info, keep in mind MUCH is speculation about the E, all the rest is sharing our rides, pets, careers, family and the other usual B.S!
just a small piece of info, keep in mind MUCH is speculation about the E, all the rest is sharing our rides, pets, careers, family and the other usual B.S!
RKing
Elio Addict
Welcome Bob, from Tennessee, presently the frozen north. RUCRAYZE pretty well summed it up. Althou we do ocassionally discuss the gas cap location, and the dash 