Reservations: 65341 As Of 6/20/2017

[wizard of ahs]

Well slowed down from that rush it enjoyed for a bit, back to the high average we were getting just before that spike

Right.........slowed to NORMAL

 

[Coss]

Right.........slowed to NORMAL

Uupp I didn't sat normal, said "back to the high average we were getting just before that spike"

High average, not normal; there isn't much that's normal anywhere when it comes to dealing with the Elio, or the people that believe in it.

 

[wizard of ahs]

Uupp I didn't sat normal, said "back to the high average we were getting just before that spike"

High average, not normal; there isn't much that's normal anywhere when it comes to dealing with the Elio, or the people that believe in it.

 

[Marshall]

They just wrapped up a week at LA and that wasn't enough for you?
You would have been in deep do-do a couple of years ago where it could be months between updates; emails maybe once every 2 to 3 weeks, and the news we got was very limited.
Ask anyone that been on here that joined in 2014 or early 2015 how now compares to then.
I'm tickled that we get so much more now.

Agreed. We need to give them time to actually DO SOMETHING that is newsworthy.

 

[TCBronson]

So what happens when Elio reaches their goal of 65,000 reservations?

 

[Doug McDow]

Who knows, if they reach 65,000 by the end of the year! Wouldn't it be great to get our Elio by next Christmas.

 

[AriLea]

So what happens when Elio reaches their goal of 65,000 reservations?

All we know for sure is EM says reaching the 65k will contribute to the ATVM loan process, and that they will end the guarantee of $7300 or less, as well as the $7k for those who 'commit'.

It also accomplishes a goal that Paul had asserted was achievable. (sometimes quoted as 68k, I think 65k will do just fine)

Of course we all hope this will also trigger the accomplishment of some milestone beyond just a 65k threshold. Awarding or at least advancing on the ATVM would be one of the best.

 

[Marshall]

I'd love a race between an outgoing President and an Incoming President to see who gets credit for bringing Automotive manufacturing jobs to Louisiana via approval of the ATVM loan.

 

[Bikebrains]

I have kept a little reservation spread sheet, starting in August of 2015. For the running month going from 11/07/2016 to 12/05/2016, the daily reservation average is 35 reservations per day. At that rate, 63 days of sales will be needed to hit "Sold Out", which translates to February 6, 2017.
The first entry in the spread sheet that has a daily rate computation is 09/07/2016 with 6,636 reservations to be sold. The daily reservation rate was 85. Since September 2016, the sales rate has dropped over 50%. Not good.

 

[Marshall]

I have kept a little reservation spread sheet, starting in August of 2015. For the running month going from 11/07/2016 to 12/05/2016, the daily reservation average is 35 reservations per day. At that rate, 63 days of sales will be needed to hit "Sold Out", which translates to February 6, 2017.
The first entry in the spread sheet that has a daily rate computation is 09/07/2016 with 6,636 reservations to be sold. The daily reservation rate was 85. Since September 2016, the sales rate has dropped over 50%. Not good.

I think the data is too short term. At least a years worth of data is needed with a product which has an annual sales cycle. 4 months is a good start, but I wouldn't be too concerned about a drop off in the winter months. I believe it's typical in the automotive cycle.