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Lios Talk Nuggets

booboo

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"If they wish to succeed, it's will probably be necessary to simplify their ambitions."
I think about it, and it simply comes down to two words, quality and quantity.
Quality to make people like it and want it. This is the obvious part.
Quantity to make the business model viable. This is the complicated hard part.
How do you scale to make and distribute +250K vehicles a year ?
Yes, it is getting complicated, but by necessity.
Using pre existing infrastructure, such as the Louisiana plant, Pep Boys, and Adesa is brilliant and necessary in my opinion.
How else would you do it ?
 
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Paul DeCrans

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Think crash avoidance.
You're traveling at highway speed, something fall off the truck, lands in the middle of your lane. Would you rather hit it not knowing what it is, or swerve to avoid it?
You must never had slide on ice and had to to correct yourself from skidding sideways. I hope I would never have to do it at 50mph, but it was fun on a frozen lake in my youth going about 15mph
 

Kuda

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Hey Lilly you may be right. But, presentations are only a small part of this weekend. Most of it is set aside for one-on-one meetings between potential investors and Company CEOs. That's where the real action happens. Of course, if the presentation isn't any good, then there's not much hope that the one on one meetings if there are any will bear fruit. I thought this presentation was squarely focused on the financial reasons Elio could succeed, and that's where it needed to be for this audience. Anyway, I'm hoping for the best.

Paul was armed with his faithful
Starbucks Cup. I'm confident he
did a good job explaining the
State of Elio.....
 

Ekh

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Think crash avoidance.
You're traveling at highway speed, something fall off the truck, lands in the middle of your lane. Would you rather hit it not knowing what it is, or swerve to avoid it?
The issue isn't swerving, it's lock to lock that's the issue. That is a huge amount of Swing in the steering wheel. It's just not necessary. You can accomplish the same thing with a half a turn to either side or even three quarters, but there's big difference between that and moving your steering wheel lock to lock from one direction to the other.
Go out and try it sometime, even at low speeds and see what happens. I recommend doing this in a shopping center around midnight, or even better a high school parking lot where they might think you're one of the kids goofing off. Let us know how it turns out!
 

Ekh

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You must never had slide on ice and had to to correct yourself from skidding sideways. I hope I would never have to do it at 50mph, but it was fun on a frozen lake in my youth going about 15mph
It was also fun locking up the rear wheels with the emergency brake and spinning a complete 360 into a parking space, which I used to do on occasion in New Hampshire, but that ain't what we're talking about here.
 
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Johnny Acree

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I believe, in this situation, "lock to lock" is similar to another race car driver term " opposite lock" . In neither situation do they mean actual lock. It's just a term they use to describe turning the steering wheel as fast as possible while traveling as fast as possible until the tires loose traction, weather it be the front tires or the rear tire.
 
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pistonboy

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I knew Adesa would provide the transportation, but I did not know the marshaling centers would be at their locations.

They still have to raise $272 Million. Even if the get the ATVM loan of $185 Million, they must still come up with another $87 Million. It sounds like they underestimated the cost by $87 Million.

I hope their stock sale on NYSE MKT can cover the entire amount.

I believe originally EM was going to assemble their own engines because I remember hearing a spot for installing turbos had been left in their assembly line. Now they have farming it out to Linamar. Probably good move. Another major headache EM does not have to deal with.
 
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