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Coss

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Here's the whole email

SIL extended through 5/22 . . .

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May 17, 2016

Dear Coss,

Well, that was a lot!

We have had an incredible run over the last couple of days with reservation holders making upgrades and refundable reservation holders converting their reservations to "All In". So much so that it will take us most of this week to catch up!

This has created a great opportunity for those of you that may want to take advantage of the last Spot In Line (SIL) with the 50% reservation bonus (the SIL will continue of course, just not at the 50% reservation bonus level, which ends 5/31/16). In order to keep our timing synced up, we will extend the SIL email another week.

What this means is that if you haven't upgraded yet, you now have another week to get it completed for this SIL. Same with those of you with a refundable reservation that wanted to move to "All In" to take advantage of the benefits of an "All In" reservation.

For those of you that did make your upgrade or reservation already, you are in and will still get your SIL next week (and be ahead of anyone that upgrades this week).

So, if you want to get the next available production number ($1000 "All In" only) and slot:

1. Make your upgrade today through Sunday May, 22 (by midnight EST) to make this SIL mailing.

2. You must upgrade to the "All In" $1,000 level from the upgrade page (click here) to get your Spot In Line next week. Don't forget, you can upgrade to the next level this month, and to the $1000 next month if you would like also!

Keep in mind, after next week's round, the next batch of SIL production numbers will be emailed in late-July.

Thank you,

The Elio Team

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* Starting MSRP excludes options, destination/delivery charge, taxes, title and registration

Forward-Looking Statements: Certain statements in this email are ³forward-looking statements.² These statements involve risks and uncertainties, and the Company undertakes no obligation to update any forward-looking information. Risks and uncertainties that could cause actual results to differ materially from planned operations include, without limitation, delays in receipt of adequate financing, delays in commencement of production, decreased consumer interest in the Company¹s products, downturn in general economic conditions, increased production costs and availability of raw materials, competition, and unfavorable market and regulatory conditions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company¹s control. Readers are referred to the Company¹s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The information contained in this email is a statement of the Company¹s present intentions, beliefs or expectations and is based upon, among other things, the existing business environment, industry conditions, market conditions and prices, the economy in general and the Company¹s assumptions. The Company may change its intentions, beliefs or expectations at any time and without notice, based upon any changes in such factors, in its assumptions or otherwise, and it undertakes no obligation to revise or update publicly any forward-looking statements for any reason. The cautionary statements contained or referred to in this email should be considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on its behalf may issue.

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Elio Motors 2942 North 24th Street Suite 114-700 Phoenix, AZ 85016 US



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