I won't pretend to completely understand your calculations, Snick.
I do get the general theory you have though.
My question is do those calculations take into effect the fact that the Elio has 3/4 the rubber on the road as a car?
YES!!! That's one of the main points people are forgetting. 3/4 of the tire area and 1/3 of the weight of a saloon car!
You do NOT need the same width tire that a 3600lb, 4 wheeled car does. I will break down the math of that later.