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Old 05-12-2015, 12:42 AM   #958 (permalink)
ME_Andy
Growin a stash
 
Join Date: Jun 2014
Location: Austin TX
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That's cool. They just need $ now. I figure they are bringing in about $50-60k/week. That's probably just enough to cover operating expenses. From memory, they had about $58M previously and they offered $30M to high-net-worth investors. So maybe (optimistically) they have about $90M on hand. A more pessimistic estimate would be $70M, or about 1/3 of what they need to start production. I know Paul Elio said he would go public if he had to.

I figure there's a 50-50 chance to ever see my Elio Would love to see a finalized engine out and about in a prototype.
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