Where Do You Stand Now?

[Edward]

We're bordering on the definition of "Gambling" rather than investments. Just my opinion. It's really hard to make a case for serious investing for either of these. So the implication that there are those careful calculators who know how to tickle the kitty and make it meow is a false concept too. Personally I think we need more "Cow bell" http://www.hulu.com/watch/536145

PS you really aught to change your name. LOL

I've got a fever. And the only perscription is more cowbell baby!

 

[Snick]

You are confusing the comparison, which is what is a real investment, one you wouldn't need to worry about much, a 401K or the Elio, and clearly the Elio is a complete nightmare comparatively.

The mention of Tesla, the much fairer comparison, vs an Elio, was not just because they are both looking to go after mass market vehicle adoption, but because both also have virtually the same zero chance of making it.

Nonetheless I would be investing in Elon Musk 100x over a roomful of Paul Elios. If anyone is actually pulling off a miracle, it would be Musk. Musk has major funding, investing capitial from stock, growing sales, a believable product roadmap, buildout of point of sales dealers, and is building major infrastructure to both further develop and support battery technology and high demand.

I agree there are significant business issues around battery technology, but if I were to bet on one guy actually capable of introducing a new vehicle platform into the auto industry, only Musk has the complete mad set of skills to do it. Musk has both the technical talent AND business talent. Elio is the kind of guy one of Musk's directors hires to run one of his dozen engineering departments.

We are all going to see yet more ways to skin the cat in moving vehicles around, as well as initiatives to stop owning cars altogether, while gas/oil just gets more expensive to buy over time. There are dozens of curves changing simultaneously in this game, some will be in it short term, and some will last longer, but all will eventually change. Along with those curves, and the rapid pace of change and shifting demographics, most will never even make it out of the gate, such as Elio.

EM's problem is that its an engineering consultancy at its heart, its not a fully vertically integrated business at heart. It spends 80% of its time, money, and energy tinkering with and refining its design, and 20% on the actual business/operations. As a result, years get wasted on refinements first, and filling in the supply chain as they get to it, and whatever volume market that was, fatigues out from waiting, and moves on.

The Elio is an easy design to like, but it now comes across like a shifty guy selling snake oil. Private equity doesn't invest just in what they like, they invest in what is LIKELY to SHIP and become an actual business, and they avoid snake oil. This is why EM will run out of cash before even the mass market had a chance, because an engineering company shouldn't ever be running a business of this magnitude, ever.

I will invest my money when EM makes a serious, concerted, sustained effort to go "all in" on their own dream and switches that 80% effort to building the freaking thing instead of endlessly tweaking the design and fishing for some fat-walleted billionaire to get dumb and drop some cash their way. It ain't gonna happen unless/until EM shows that it really believes in itself, through ACTION (not words).

So far, they're stuck at the 10% inspiration level and need to start the 90% perspiration phase.

 

[Folks]

Cowbells are used at New Mexico State university football games. You certainly can' t have toooo many cowbells. Go Elio (cowbells please) .

just in case you missed it Jim. This was a Will Ferrel and Christopher Walkin SNL classic. http://www.hulu.com/watch/536145

 

[msmith5150]

 

[ecdriver711]

This thread is really starting to moo's me.

 

[Jim H]

Its unfortunate that the forum categorizes members by the number of messages they send. Many who are "tagged" as Elio Enthusiasts certainly are NOT

 

[Durk Jenkins]

I am still a 5 but getting excited about owing one. When we get news that work is going on at the factory to set up production then my number will go up. I WANT MY ELIO !!!

 

[outsydthebox]

In other words: The Beatings WILL continue until MORALE improves!!

I see that you really do believe your own "signature".

I also noticed your statement: I will invest my money when EM makes a serious, concerted, sustained effort to go "all in"
Since you are "waiting" so patiently, but haven't put "any money" down.
Why are you trying to "beat" EM into putting "unfinished product" on the market?

....Do I smell "BACON?"

 

[Steve Sparks]

I am All In as of 03/2014 and I am at a 10 I want one as soon as possible. I do hope product can move up from 3 quarter of next year to 1 st quarter or second quarter. I need a new car soon.

 

[Neal]

I am All In as of 03/2014 and I am at a 10 I want one as soon as possible. I do hope product can move up from 3 quarter of next year to 1 st quarter or second quarter. I need a new car soon.

Hi and welcome form another Dallas area guy. I feel the same as you. I went all in in January