You need to do a search on recent discussions about the roll out date; this has been discussed to a point that it is no longer something to make assumptions about unless you have some type of inside knowledge about the goings on at EM.
The roll out date, as stated by Elio motors, and as they have it posted on their website, and in the SEC filing is Q4 of this year.
Doing "chicken little, the sky is falling" is really getting old.
The point I was trying to make that seems to have been missed is that it takes time set up a production line. EM is close but not quite at that point yet. I say this based on my experience starting up new manufacturing lines and what EM has publicly released. EM has stated that they haven't yet raised the capital for production. As such it will be some time until production starts. First they have to finish E-series testing (I'd be shocked if this is done by mid 2016), Then they have to raise the production capital to then start on the production line. If they've done a lot of prep work and run into no problems, they may be able to start production as early as 6 months after getting the money. This would work with a production start of late 2016 if they finished E-series testing and have the funds raised by mid 2016. However, taking into account problems that inevitably come up, I expect them to start production no earlier than 9 mo. to 1 year after they have the money to go into production. Often people get so fixated on exact dates. In the real world of manufacturing all those dates are just best guesses. Bringing a product to market is a process that takes as long as it takes. EM has been vastly more transparent that just about any company I know of as far as product development. They have a clear plan and are executing it well step by step. Maybe not as fast as we all would like but they are steadily making progress. Whether EM starts production late 2016 or late 2017 doesn't really matter. So basically what I am saying is that I don't know when they will start production but late 2016 doesn't seem very realistic. Also you can't expect production to start immediately after the production capital is raised.