Arcimoto, the real thing? ($12k tandem EV trike, 70/130 mi. range)

[Xist]

No, it is your calculated likelihood of paying your bills on-time, based on your history.

No score means no history of paying your bills on-time, but Dave ramsey loves you--maybe.

[freebeard]

Why no? It's some arbitrary metric.

When I started with OUR Credit Union one of the perks was they didn't report to the gatekeepers. Then people wanted to buy houses and they caved to the demand. I carried a loan pretty much the whole time just to support the Union. Never missed a payment.

When OUR collapsed, I was inherited by the current Union. They won't give me a loan on my signature. My score is in sort of a [cat-in-the-box-with-a-radioactive-vial) state.

[JSH]

Originally Posted by freebeard

I have no idea why preapproval would affect one's credit score. Nor do I care. Is it something like an ESG score?

They are doing a soft inquiry instead of a hard inquiry of your credit report. A hard inquiry lowers your credit score and stays on your credit report for 2 years.

[freebeard]

How many years in credit jail for a self-inquiry?

[JSH]

Originally Posted by freebeard

How many years in credit jail for a self-inquiry?

Zero. That is a "Soft" inquiry.

[redpoint5]

Originally Posted by freebeard

Is it something like an ESG score?

ESG is calculated on how many meaningless phrases you can string together before other ESGers chuckle at how contrived even that was, which is a pretty extreme limit. There may be no known limit to the absurd ESG nonsense phrases one can utter without any pushback whatsoever.

I'm currently debating if I'll "participate" in woke training, or lead the class. You call me racist, and I'm throwing elbows.

[freebeard]

Via email:

Additionally, we shared we received $6 million in additional funding by means of a real estate loan on our Eugene, Oregon factory. This additional financing comes shortly after the $12 million public offering that closed on January 20th. A portion of the net proceeds from the offering were used to repay the convertible note with 3i. The remaining funding will be used for working capital and general corporate purposes.

Hard times make strong men.

edit;
Sion born dead: www.bloomberg.com: Sono Scraps Solar Car and Dismisses Almost Three-Quarters of Staff

• The Sion hatchback was due to go into production this year
• German company will now pivot to selling its solar technology

[freebeard]

Chris Dawson replaces Jesse Fittipaldi as CEO.

I don't like Youtube Shorts, but for reference: https://www.youtube.com/shorts/vQ5CdVs4c1I

In other news their finance guys jumped ship for EVTV, but it was out of the frypan into the fire.

[serialk11r]

I feel like the Arcimoto is kind of overpriced compared to the Electrameccanica Solo considering it's open body with motorcycle controls... Also the seating pretty damn high, is this thing not a huge rollover risk esp with 3 wheels?

[freebeard]

They originally proposed a sale price of $12.9K, with a hope to get it to $10K. There was a pre-production batch for the true believers at $40.

I like the seating position. Compare a T-Rex or Polaris. I don't know that you can upset one. The handlebar steering is rigged for autonomy. Maybe a semi-drive-by-wire?