Elio Motors, The Next Big Thing?!!...

[sendler]

Motorcyclist Magazine ponders the 84 mpg and the $6,800.
.
Three Wheels Versus Two | MOTORCYCLIST
.

[Fat Charlie]

Elio was founded in 2008. $6800 in 2008 dollars is $7495.88 in 2015 dollars.

Easy peasy.

[sendler]

Still need to put a 1 in front of that number to make a realistic price.

[user removed]

So 7 years after the original price and mileage predictions, is there anyone left who actually believes either of those predictions, which were based in fantasy?

regards
mech

[adam728]

Elio is at the Detroit Auto Show. Didn't stop by the booth, but there was a fair amount of people gathered around. They were setup out in the lobby, not in the actual show hall itself (which was mainly just the big OEM's).


I especially like the disclaimer (I put in bold) from this post on their Facebook page:
https://www.facebook.com/ElioMotors/

We still have shares available in our $25 million stock offering! Now that the exclusive window of opportunity for those who initially expressed interest has passed, anyone can now invest on a first-come, first-served basis. For information on the company and to purchase shares, go to http://hubs.ly/H01tzP10
DISCLAIMER: The securities offered hereby are highly speculative. Investing in shares of Elio Motors, Inc. involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following this offering, it may not continue. To obtain a copy of the Offering Circular, go to http://www.eliomotors.com/equity or click here to download directly.

[Fat Charlie]

I saw the news story about that. It just seemed like securities boilerplate... for vaporware, yes, but boilerplate anyway.

[adam728]

Originally Posted by Fat Charlie

I saw the news story about that. It just seemed like securities boilerplate... for vaporware, yes, but boilerplate anyway.

That's what I am thinking as well, but it sure reads like "we have no faith in our product, so just throw this money at us".

[diesel_john]

I saw an Elio ad on tv. They said to start production next year. Just not which next year.

[cRiPpLe_rOoStEr]

Originally Posted by diesel_john

I saw an Elio ad on tv. They said to start production next year. Just not which next year.

It's now or never. More likely to never...

[Fat Charlie]

Maybe it was an old ad that got recycled.