Here's Paul Elio saying the thing that moved them forward was the Reg A+ stock offering.
Quote:
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Very little has ever existed in the 3 wheel space. To make a 3 wheeler popular would just take changes in tax title license and gas prices.
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Morgan? For bureaucratic oversight 3-wheelers divide into steering wheel vs handlebars.
In the end the Elio is nothing you couldn't make out of a 2nd hand Metro. Now if it had twin electric motors and torque vectoring, it would be more forward-looking.