Reservations: 65341 As Of 6/20/2017

[JNR]

I'm double posting as this is also now in another thread.

The latest reservations chart

 

[AriLea]

The website was updated today and the number just keeps on climbing. Now officially up to 11,705 total reservations.

Today the website says 14623, yes? But that includes refundable deposits.
So I made some calculations. The magic number seems to be 30,000. That is the number of reservations that commits 204million in gross sales. Since that is what it takes to fully fund the Elio, I would guess that corporate investment or institutional lending could very well be enabled against that commitment from customers.
At the current rate, and considering how it might vary, I would say 30,000 deposits could be reached between July 1st and Oct 15.
If the rate continue exactly as it is now, around July 15th we'll see 25,000 reservations. Which is about 170m in customer commitment.
So I can see a good reason to stay on the road and keep the reservation program going until the 30k count is in the bag.

 

[DBN477]

Today the website says 14623, yes? But that includes refundable deposits.
So I made some calculations. The magic number seems to be 30,000. That is the number of reservations that commits 204million in gross sales. Since that is what it takes to fully fund the Elio, I would guess that corporate investment or institutional lending could very well be enabled against that commitment from customers.

That's a big "if" corporate investment or institutional lending against future sales. More than likely, Elio(a start up) will still need collateral at least equal to the loan they are taking out. Right now they don't really own anything. Ideally Elio gets all in $1k deposits for the first year of production, and all in $1k for half of second year production (even though they said would not take reservations after 1st year of production sold out, they should reconsider).

 

[Jim H]

Here is an email I sent to my email distribution list. I'm certain many have not heard of it in our area and this is my attempt to inform many more about it. You might want to do the same.
I apologize if this seems like a sales pitch but I found this to be very interesting and has unlimited possibilities for an inexpensive safe vehicle for our kids, a second vehicle at the cabin or to tow behind a RV. It is being purchased as an incentive for sales people or employee of the year, advertising your business, etc. It looks like it would a FUN car to drive around town or on the Interstate. Click on the video link to learn more about it. It is currently scheduled to begin production in the first quarter 2015………..Jim
http://grist.org/list/elio-three-wheeled-car-84-mpg/

 

[JNR]

Latest #'s. Slight dip in rate, not bad for holiday week with little promotion.

 

[goofyone]

15143 as of April 20, 2014

520 new reservations is a good week considering the P4 was not on public display at all this week. Most of these are probably stragglers from the busy Barrett-Jackson showing last weekend. It was also on The Weather Channel which could have brought in some extra people also.

 

[LillyMayPatterson #1685 & #5648]

That is the lowest weekly number reported in 7 weeks. Disappointed.

 

[Jim H]

I think a couple of billboards along major highways/interstates could spur additional interest that would certainly offset the cost of them.

 

[LillyMayPatterson #1685 & #5648]

I think a couple of billboards along major highways/interstates could spur additional interest that would certainly offset the cost of them.

IMO, cheapest advertisement available is on the facebook.

 

[Jim H]

IMO, cheapest advertisement available is on the facebook.

I drive the interstate system routinely. I do NOT do FaceBook and know of may others that do not use it either. Perhaps I'm just an out of touch old fogy