Quote:
Originally Posted by JSH
It would be easy if Elio took the money and ran but he didn't do that. Instead he took the money and pissed it away trying to keep his under capitalized company afloat.
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Pretty much. Pissed it away trying to develop everything but the tires in house so they can put the proprietary lock down on every nut and bolt.
Elio isn't going to be as big as they thought. The only chance they had to really take off was to sub almost everything out, get it built fast and get them out for sale while gas prices were still nearly $3.80 per gallon for most of the country.
But that ship has sailed.
Gas prices will be back around $4 a gallon again, but not before elio is long gone.
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1984 chevy suburban, custom made 6.5L diesel turbocharged with a Garrett T76 and Holset HE351VE, 22:1 compression 13psi of intercooled boost.
1989 firebird mostly stock. Aside from the 6-speed manual trans, corvette gen 5 front brakes, 1LE drive shaft, 4th Gen disc brake fbody rear end.
2011 leaf SL, white, portable 240v CHAdeMO, trailer hitch, new batt as of 2014.
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