What Is Elio Stock Trading For Today?

[RSchneider]

Nothing wrong with downplaying their imminent production SOLO 3 release. Their 3 wheeler is complete, assembly line is in place, stores are open and big name Zongshen as their backbone and the Chinese are not known for messing around. In comparison, ELIO never came close to this stage in the game which is too bad because I needed the ELIO with it's mystery 3cyl. gas engine when I was still working...but I can't dwell in the past. Now that I'm retired and not driving as much, all-electric SOLO 3 will be my full time leisure ride.

The message I'm conveying is this. You see how hard it is for companies like Solo and FUV to go from producing customer delivery #1 to spooling it up to where they must be to make money. Both companies were celebrating these customer deliveries yet they production rate and financials show that this is where the real drain on money happens. hand building things are one thing but setting up an assembly line is a whole different ballgame. This is why you see that Solo needs a big influx of cash and why FUV needed to sell more stock to raise even more money.

This is a lesson for everyone. So even if Elio somehow gets some sort of funding, that 76 weeks will be more like 90 weeks. Plus that $406M they need will be more like $600M. They might hand build one and sell it to a friend at 76 weeks but that's not when you celebrate. We all seen how Tesla struggled with the Model 3 and that company already was building cars. Then what we see is that there's not a huge demand for these three wheelers. Even FUV only managed just over 4K reservations and you see they needed to franchise the FUV to places like in Key West and do trial runs with companies and offer a rental unit for others to try. People and companies are not running out to get these three wheelers. That adds to the overall dilemma. Add into that, there's lots of people who have lost trust in Paul Elio, which will further go against his business plan.

 

[3wheelin]

The message I'm conveying is this. You see how hard it is for companies like Solo and FUV to go from producing customer delivery #1 to spooling it up to where they must be to make money. Both companies were celebrating these customer deliveries yet they production rate and financials show that this is where the real drain on money happens. hand building things are one thing but setting up an assembly line is a whole different ballgame. This is why you see that Solo needs a big influx of cash and why FUV needed to sell more stock to raise even more money.

This is a lesson for everyone. So even if Elio somehow gets some sort of funding, that 76 weeks will be more like 90 weeks. Plus that $406M they need will be more like $600M. They might hand build one and sell it to a friend at 76 weeks but that's not when you celebrate. We all seen how Tesla struggled with the Model 3 and that company already was building cars. Then what we see is that there's not a huge demand for these three wheelers. Even FUV only managed just over 4K reservations and you see they needed to franchise the FUV to places like in Key West and do trial runs with companies and offer a rental unit for others to try. People and companies are not running out to get these three wheelers. That adds to the overall dilemma. Add into that, there's lots of people who have lost trust in Paul Elio, which will further go against his business plan.

Being a "glass half full" person, I don't dwell on negativities. Seeing Arcimoto continue to build and deliver units, while Electra Meccanica's gen 1 and 2 SOLO are currently being enjoyed by their owners and poised to deliver the gen 3 production version this year, I couldn't be happier even if I don't get delivery until next year. What you should understand is...against all odds they're still around. I'll let you do all the worrying whether their presence is long or short lived!

 

[RSchneider]

Being a "glass half full" person, I don't dwell on negativities. Seeing Arcimoto continue to build and deliver units, while Electra Meccanica's gen 1 and 2 SOLO are currently being enjoyed by their owners and poised to deliver the gen 3 production version this year, I couldn't be happier even if I don't get delivery until next year. What you should understand is...against all odds they're still around. I'll let you do all the worrying whether their presence is long or short lived!

What you have to do is be realistic. I find at times that some get their hopes up really high and when the plan does not work out, they are upset (i.e. Elio Motors). This is why having things like SEC filings are good because when you spend the time looking through them, it'll give you a much better idea as to what will happen as opposed to press releases. This way, you can look at it with a balanced viewpoint and realize that things might not happen because of what the company says in those filings or on the other hand, they might happen or even ahead of the plan.

At this point, Solo really needs to make a major change to get out of the hole they are in. As we all know, we want the company to thrive and not go broke right after you get your product. Imagine how unhappy you'd be if you got your Solo and they went out of business a month later. Then the motor controller for your Solo broke. Come to find out it's some unknown Chinese thing that nobody can fix. You all of a sudden have a $20K brick. This is why we need to look at the long term health as opposed to getting our toy and hoping it'll be just fine.

 

[3wheelin]

What you have to do is be realistic. I find at times that some get their hopes up really high and when the plan does not work out, they are upset (i.e. Elio Motors). This is why having things like SEC filings are good because when you spend the time looking through them, it'll give you a much better idea as to what will happen as opposed to press releases. This way, you can look at it with a balanced viewpoint and realize that things might not happen because of what the company says in those filings or on the other hand, they might happen or even ahead of the plan.

At this point, Solo really needs to make a major change to get out of the hole they are in. As we all know, we want the company to thrive and not go broke right after you get your product. Imagine how unhappy you'd be if you got your Solo and they went out of business a month later. Then the motor controller for your Solo broke. Come to find out it's some unknown Chinese thing that nobody can fix. You all of a sudden have a $20K brick. This is why we need to look at the long term health as opposed to getting our toy and hoping it'll be just fine.

You worry to much! Live by "don't worry, be happy"! You're like one of those kids who wanted to take this beautiful girl to the prom but don't have the guts to tell her, then she turned out to be also very nice and kind and end up going with the kid no better than you just because the kid thinks "what do I have to lose if he says no?" Once their SOLO 3 is at their store, I'll test drive it then decide.
P.s. Don't be fooled just because you're buying a name brand. Case in point,
Land Rover ranked last among 32 brands, with 220 problems reported per 100 vehicles compared to an industry average of 134 problems per 100 vehicles. These are the least reliable car brands based on those metrics, according to JD Power. Reality.

 

[RSchneider]

You worry to much! Live by "don't worry, be happy"

In my business, I have to worry. Nobody hires me if there are no problems. I come from the side where the problems exist and you come from the side of just listening to them and their rose colored press releases. I wish it was a simple as just hiring some people with colorful resumes and the "dedication" to be successful. If it was that simple, then I'd have some cushy job somewhere pounding away on a keyboard. Instead it's reality. Just like Musk found out when he had the Model 3. He had blue chip suppliers and quite the management group. Even superman himself had to admit to manufacturing hell. Why is this? Because name dropping and resumes do not mean the whole project will work out. FUV has been at this for 14 years and only 10 months into production with maybe 100 units delivered. So it shows that even with FUV's top notch management and superstar CEO, it's not as easy as they would like you to believe. If it was, 2010 would have been the first year of FUV's and they would be cranking them out by the hundreds per day by now. As for Solo. They went the "Make it in China, it'll be super easy" route and while it can, you need cash and good management to make it happen. Obviously they had neither, thus why we see the shakeup and very few deliveries.

This is showtime for both companies. They need to make it work now. No excuses. We need to revisit this two years from now and see what has happened. I do know that Elio will still be waiting for that investor and the resurgence of the ATVM loan thread will have been about 5 times by then.

 

[3wheelin]

In my business, I have to worry. Nobody hires me if there are no problems. I come from the side where the problems exist and you come from the side of just listening to them and their rose colored press releases. I wish it was a simple as just hiring some people with colorful resumes and the "dedication" to be successful. If it was that simple, then I'd have some cushy job somewhere pounding away on a keyboard. Instead it's reality. Just like Musk found out when he had the Model 3. He had blue chip suppliers and quite the management group. Even superman himself had to admit to manufacturing hell. Why is this? Because name dropping and resumes do not mean the whole project will work out. FUV has been at this for 14 years and only 10 months into production with maybe 100 units delivered. So it shows that even with FUV's top notch management and superstar CEO, it's not as easy as they would like you to believe. If it was, 2010 would have been the first year of FUV's and they would be cranking them out by the hundreds per day by now. As for Solo. They went the "Make it in China, it'll be super easy" route and while it can, you need cash and good management to make it happen. Obviously they had neither, thus why we see the shakeup and very few deliveries.

This is showtime for both companies. They need to make it work now. No excuses. We need to revisit this two years from now and see what has happened. I do know that Elio will still be waiting for that investor and the resurgence of the ATVM loan thread will have been about 5 times by then.

.....patiently waiting for showtime

 

[Aufgeblassen]

.....patiently waiting for showtime

Waiting for pigs to fly too?

 

[Rickb]

Waiting for pigs to fly too?

Some retail production FUV and Beta SOLO ‘HOGS’ (motorcycle lingo) are already flying the road piloted by early adopter reservationists.

 

[3wheelin]

Waiting for pigs to fly too?

For your ELIO that's a big yes! Actually you can wait for the elephant to fly too!

 

[Aufgeblassen]

For your ELIO that's a big yes! Actually you can wait for the elephant to fly too!

Fortunately I didn't get scammed!!!