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Norahsbed

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Gas will never be free! With the price of a barrel of oil at $74-$75 gas should be under $2 a gallon but it's not! I have always had at least one fuel efficient vehicle in my driveway since the late 70's and in a year or two I'll have two. It's about saving money, at the pump and point of purchase.
As far as investors go, I believe it was mentioned during the interview at the plant about not seeking outside investment money or maybe one of the positive articles written about the Elio. Elio Motors does not have to explain to me, what is going on behind the scene, I'm not an investor! I have given my money ( freely ) to Paul Elios dream in hopes of making it a reality. I have no doubts Elio Motors will go into production in the next year or so,. I am not a patient person, I want and need this vehicle now but I'm willing to wait for Paul and Elio Motors to get it right!
 

Jambe

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Since you only get about 20 gallons of gasoline from a barrel of crude, the income from the $2 gasoline is about 20 x $1.50 or $30 (assuming taxes of 50¢.) The gasoline is the most profitable "half" of the barrel, so if you double the $30 to $60, you are still short. Shippers have to make a profit, refiners have to make a profit, the retailers have to make a profit, so $2.00 gasoline at $75/barrel is not possible.

Of course taxes do make a difference. Some states have very low taxes. Combine that with $50-60 crude and it gets close.

http://247wallst.com/energy-economy/2014/11/29/eight-states-where-gas-will-drop-below-2/
 
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Folks

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May 17, 2014
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Gas will never be free! With the price of a barrel of oil at $74-$75 gas should be under $2 a gallon but it's not! I have always had at least one fuel efficient vehicle in my driveway since the late 70's and in a year or two I'll have two. It's about saving money, at the pump and point of purchase.
As far as investors go, I believe it was mentioned during the interview at the plant about not seeking outside investment money or maybe one of the positive articles written about the Elio. Elio Motors does not have to explain to me, what is going on behind the scene, I'm not an investor! I have given my money ( freely ) to Paul Elios dream in hopes of making it a reality. I have no doubts Elio Motors will go into production in the next year or so,. I am not a patient person, I want and need this vehicle now but I'm willing to wait for Paul and Elio Motors to get it right!

If you've not seen the Show "Shark Tank" well If you catch the show on TV you'll know how that we are all little sharks and we are buying into Paul's presentation. I'm buying what I perceive as Paul's dream and talent. Good on you all.
 

Rickb

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But if you have the discipline to put the money aside you get that 12 percent plus Elio bonus. You stand in violation of the rule that says never pay someone else to manage your money for you. True discipline is a gift from God for getting your priorities straight.

PS never worry how many atheist put you on their ignore lists. That puts you in pretty good company the way I see it. LOL
For me it wasn't a gift, but rather a wise Uncle who taught me how to save and pay no interest. He also said you get what you pay for.........referencing quality.
 

JEBar

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we have found yet ANOTHER way to destroy the planet, let's destroy our drinking water ! FRACK FRACK FRACK !!

should have been ELECTRIC ?? could have been promoted as the solution to get us off from FRACKING (destroying our precious drinking water) before it is too late !!

I have no clue what fracking has to do with the production of an Elio .... but to address your point, fracking has been shown to not destroy our precious drinking water ===> http://www.newsobserver.com/2014/09/15/4153640/duke-scientists-fracking-didnt.html .... earlier studies that made that contention have been proven to be faulty but they are still being quoted by folks who want to argue emotion and not discuss facts .... when NC was studying fracking the governor was a Democrat and even the research she commissioned, found no medical issues

Jim
 
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JEBar

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what makes you think there are

"BIG INVESTORS"

in the wings ?

where did you read this ?

I read it here :

I guess you haven't kept up with Elio Motors wesite. It has been updated and this information was provided in the Support Tab:

Elio Motors has been blessed with some core investors who have great resources available to them. One can just take a look at our board of investors to get a better understanding of the weight that is behind our mission. From Stu Lichter, the CEO of Investor Resources Group (the #2 commercial real estate group in the nation), to Jim Holden, the former CEO of Chrysler, Ken Way, the former CEO of Lear Seating (the company that provides 40% of all vehicle seats in the world), to David Schembri, a former Mercedes Benz executive and first President of smartUSA, we recognize that we are quite fortunate! Our management team in conjunction with our board of directors inspires a commensurate level of investment level expertise for moving forward.

Our overall strategy takes us well through year one of production and includes many pieces such that if one piece is not successful we have sufficient alternative pieces that are ready to fall into place. Most significantly, our investors are just as excited as you about our project, and therefore they are determined to make sure that we are successful- something that is wonderful to have behind us. As structured, we are extremely confident with our financial game plan, and we do recognize that this information will help you better understand who we are and how we are going to be successful where others have failed. While we are providing you with a macro level view of our finances, please know that our investors themselves have the micro level details and that our financial statement is strong.

I don't know about you, but I find this quite interesting. :) Z

one may or may not choose to believe the above but until I should have a reason to doubt it, I'm comfortable with the info released by EM

Jim
 

Oldfarmer

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Sep 11, 2014
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I received a couple of emails over the holiday weekend saying I could upgrade my reservation and get the old 50% bonus. Since I am already $1k All In I wasn't eligible to upgrade.
Then I received one yesterday saying that I had been automatically given the 50%.
Anyone else getting these?
 
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