08-17-2013, 08:26 AM
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#211 (permalink)
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08-17-2013, 04:27 PM
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#212 (permalink)
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EcoModding Apprentice
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Quote:
Originally Posted by sendler
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I'm no MBA so I can only go on feel of the crowd and the crowd there were very interested or already all in. I do feel that the author of that article was comparing apples to oranges. Sure I get nervous when they bump the production date forward. It makes you wonder why. But my daughter has been selling new and used cars for 7 years now and said she would be able to sell a ton of those things. Finally the author doesn't have any credentials listed other than a blogger and IMHO it shows. Now can we find a reputable bean counter to tell me Elio doesn't have a chance?
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With my Wrangler I average 40 mpg. Triumph Speedmaster 60 mpg + Jeep 20 mpg = 40 mpg!
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08-17-2013, 07:32 PM
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#213 (permalink)
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Pishtaco
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I'm not a reputable bean counter, but Elio's SEC filing isn't a confidence builder. They wanted to raise $10 million, and raised $150,000. When you raise 1.5% of your goal, that should tell you you don't have a chance.
Another red flag is spending half of the money you raised, $75,000, on a nonrefundable retainer to a company whose job is to sell your penny stocks.
Elio Motors has a $3 million payment due on Sept. 4, and is depending on Caddo Parish taxpayers to come up with the money.
Then there's the puffery in claiming the trike will get five star crash ratings, when motorcycles aren't crash tested. When the snake oil salesmen resort to out-and-out lies, your BS meter should peg.
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Darrell
Boycotting Exxon since 1989, BP since 2010
Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac? George Carlin
Mean Green Toaster Machine
49.5 mpg avg over 53,000 miles. 176% of '08 EPA
Best flat drive 94.5 mpg for 10.1 mi
Longest tank 1033 km (642 mi) on 10.56 gal = 60.8 mpg
Last edited by SentraSE-R; 08-17-2013 at 09:17 PM..
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08-17-2013, 10:53 PM
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#214 (permalink)
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It's all about Diesel
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Quote:
Originally Posted by SentraSE-R
there's the puffery in claiming the trike will get five star crash ratings, when motorcycles aren't crash tested
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Crash-testing a motorcycle sounds pretty pointless, but an enclosed tricycle can eventually fare decently in a crash-test under the same standards a Smart would be submitted.
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08-17-2013, 11:36 PM
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#215 (permalink)
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.
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Anyone know what their target weight is?
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I try to be helpful. I'm not an expert.
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08-18-2013, 05:07 AM
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#216 (permalink)
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Master EcoModder
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It should do well in the 40% offset head-on collision, like the Edison2 VLC and the Prowler.
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08-18-2013, 08:36 AM
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#217 (permalink)
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Quote:
Originally Posted by sheepdog 44
Anyone know what their target weight is?
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1,000 pounds
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08-18-2013, 11:33 AM
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#218 (permalink)
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EcoModding Apprentice
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I was told they have 50 million backing them. I guess we will see in September. not long ago Lit motors said they were sold out of their first run C-1. Now I see you can pre-order one of the first 20 at 10k each. 15% non-refundable and no delivery date so far. Something fishy there too?
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With my Wrangler I average 40 mpg. Triumph Speedmaster 60 mpg + Jeep 20 mpg = 40 mpg!
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08-18-2013, 04:04 PM
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#219 (permalink)
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It won't mean much to me until they start showing up on the used car lots.
I'm still bummed that Chrysler didn't ship the Pentastar in the 1930s
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08-18-2013, 10:07 PM
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#220 (permalink)
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It's all about Diesel
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Quote:
Originally Posted by Old Tele man
...in this picture, it looks like a BIG american VW!
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That was the first thing that I thought when I saw the picture.
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