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Old 08-03-2016, 09:33 PM   #1550 (permalink)
The Other Andy
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Originally Posted by rmay635703 View Post
This is my main problem with Elio , they lobbied hard to require 3 wheelers to be crash tested, have favorable tax, insurance, and licensing structures.

If they would have just got off the pot started with kit cars and slowly moved through the phases selling the whole time.

I would have respect for them.

But as it is they have wasted most of their money on exec wages and promotion and lobbying.
Elio probably figured that it would be easier to bring on big investors if they solved some of the legal issues surrounding the product first. Who'd want to invest in a product that customers can't legally use (or not without a great amount of difficulty)?

That actually strikes me as a pretty savvy move on Elio's part, even if it did delay the product.
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