It took an ambitious and daring rebel billionaire (Elon Musk) to force some true efficiency innovation in the marketplace with electric vehicles via Tesla. Elio Motors, Inc. was founded in 2009 and is based in Phoenix, Arizona. Elio attempted to raise $25 million and raised $17 million. At this point, it looks like funding for Elio has all but stopped. These statements involve risks and uncertainties, which are described in more detail in the Companys periodic reports filed with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The offering was deemed a success because it raised $17 million from thousands of small investors. One word of warning, do not paint it yellow. 4-6 hours. Mark your calendar and go out as an Elio for Halloween (don't forget the Starbucks Venti Coffee). Production, it said, is expected to begin in 2022. We are sure that you have a lot of questions that we will work to answer over the coming weeks and months. GM's shuttered Hummer plant in Shreveport, Louisiana. In other words, Elio would have to out-sell Volvo and Jaguar Land Rover right out of the gate. Utilizing the work already completed will significantly shorten development time versus a clean sheet of paper approach. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Certain statements in this press release including, but not limited to, statements related toanticipatedcommencement of commercial production, targeted pricing and performance goals, and statements that otherwise relate to future periods are forward-looking statements. As somebody who does a lot of DIY projects, Id rather of something that can haul a trailer like a truck or van. It's unclear what, if anything, Elio has done with the deposits and money it collected over numerous rounds of funding nor is it clear what the future will be for its cars or plant in Shreveport. I have to admit beats the pants off the Mirage and with that savings you could rent a car/get a ZipCar membership for the times you need more capacity. According to the press release, Elio's original plan was to launch the gasoline-powered Elio-G first, then follow up with a battery-powered electric version. The projections, which did not include range, cited a possible $15,000 price. What could go wrong? [citation needed], Elio designs could meet motorcycle standards as a three-wheeled autocycle, within the U.S. government's motorcycle classification. Elio Motors, Inc., a development stage company, designs, develops, manufactures, and sells automobiles. Alas, it's been steadily dropping since. How many of us just received the blandest-looking email "update"? It is only 2-3 mpgs higher than some much larger gas-only models. Getting fined in 2017 for unlicensed sales, Elio consistently failed to provide details on its plan to do much more than sell off tooling in the GM plant it occupied. They could easily do it and they would have to look hard to see if they was a billion or two light this quarter.Big oil once again or worse our own government putting the kiabash on it?? A few prototypes to demo to the press. I work out of state months out of the year. Elio has raised $60 million thus far, but is still quite a ways off from the $200 million it needs to roll out full production. If electric cars could get some better range and still be affordable then this company might not survive. vkgy is a visual kei library maintained by overseas fans. ". Elio Motors has been developing a three-wheeled concept car offering 84 MPG and a sub-$8,000 pricetag. It has never sold a single vehicle. Phoenix, AZ September 9, 2021 Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Now, given the climate of the car business, Elio has decided to launch the electric version first, and thenmaybethe gasoline version. So many automotive startups underestimate how hard it is. On a side note, the end of October will be the Elio 10th anniversary. When the 3-wheeled, tandem-seated Elio first started making the rounds in the media a while back, I didnt really pay much attention because Ive been heartbroken before. Same three wheel design. An attached stock option to the first For every $1 of gas purchase by an Elio owner, said owner would make a $2 car payment. Real-time analyst ratings, insider transactions, earnings data, and more. With Paul making $250K a year for such a revolutionary vehicle, we need to start sending him more money so he can get this dream to come true. True Blue, Marshmallow, Red Hot, Rocket Silver, Sour Apple, Licorice, and Creamsicle. During the initial development phase Elio Motors believed that the best strategy was to first develop a gas-powered option, establish it in the marketplace, and then launch the electric version. ", "This Startup Will Buy An Old GM Plant In Louisiana, But Is Their Car Real Or Vaporware? Elio Motors, the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $7,450, announced that AISIN Group has been. Yep, thats another perk. In fact, once production officially kicks off, it will have an in-house-built 0. . Elio even came up with an innovative financing scheme, effectively a secured credit card with the car as collateral. I would not be surprised if we never see an Elio released to the public. They say only 5 states will require a helmet. Requests to Elio Motors for any information are simply answered with read the blog. Elio Motors has continuously delayed the release date, which was originally in 2012. However, having a bigger car is a preference and the counter argument would be why buy a smaller vehicle with similar features compared to a larger one for the same price? I do think its a great idea what Elio is doing, and its justifiable purchase compared to a Smart. Elio Motors' mailing address is 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016. Eight years later, he still hasnt gotten his vehicle and he hasnt gotten his money back, either. Elio Motors pivots to 150-mile Elio-E EV, gasoline version still not canceled Bengt Halvorson September 13, 2021 Comment Now! Elio claimed the autocycle could be produced using 80% soft-tooling. For our family of three we need two cars that each seat 3 people so my husband can drop the little one off at daycare, I can pick her up, and we can all go out to the grocery store together. Utilizing the work already completed will significantly shorten development time versus a clean sheet of paper approach. The C1 is an electric self-balancing scooter-car cross-over from motorcycle innovation company Lit Motors from San Fransisco, U.S. Elio Motors secured more 65,000 reservations for the (Elio-G) gas-powered vehicle, proving the demand for its unique styling and design. This vehicle reduces that by being only one passenger wide. Urban and even suburban commuter (76% of all American workers drive to work alone), Low and low-middle class old, inefficient high-mileage beater alternative. The only thing that saved me from putting down a pre-payment was because I didnt like the idea of giving the company an interest free loan for over a year just to stand in line. It was founder Paul Elio's solution for a post-recession America that desperately needed affordable wheels. Say goodbye to ordinary and say hello to Elio. Elio has said they only sold what wasn't needed for the Elio. (This is news to us: When one of our staffers drove the Elio P4 prototype in 2015, there was no mention of an electric car.) Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. and our We reached out to Elio Motors and they replied: "The tech team is aware and working on it, thanks for the heads up though, we appreciate it. Its actually sad because it had such promise. Founded by car enthusiast Paul Elio, Elio Motors Inc. represents a revolutionary approach to manufacturing low cost electric and gas powered vehicles. I think its when gas prices get to insane levels this car will be much more desired. I agree, similar to a short distance electric car, this would make a great second family car. An Overview of Blue Chips. In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. Forward-looking statements are made and based on information available to the Company on the date of this press release. Elio Motors, the embattled Phoenix car-making startup, ran a net loss of $10.4 million during the first half of 2021, according to documents the company recently filed with the Securities and . [3], In January 2019, Elio stated: "The production date is estimated to be 76 weeks from the timely and successful completion of our current and subsequent fundraising efforts. [20] The Elio Motors Facebook page was similarly left without updates between April 2019 and September 9, 2021.[21]. I reserved one, I love its look, the fuel economy and the fact that it is bold forward thinking American ingenuity. The result? With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! And now, I think Elio has a legit shot at making it. Since I ride a bike to work and live right on a bus line, I personally wont be purchasing an Elio unless my job situation changes. Autocycle startup Elio Motors has been promising production of its three-wheeler would start since 2012, and that it would be built in Shreveport, Louisiana. Elio's stock pricewhich leaped as high as $50 shortly after its 2016 IPO, and spent most of 2021 falling from just over a dollar to a low of $0.30did see a brief jump to $1.10 on the Elio-E announcement. I did pose the question by email on how the handling if the back tire has a blow out. Until then Elio is making money on that money sitting in an account. Looks hideous! But, Ive grown a bit cynical over the years. While dormant, the gas-powered model may not be entirely dead it's now the Elio-G and there's a chance it could return. Sign in to your free account to enjoy all that MarketBeat has to offer. Home. The company focuses on developing the Elio, a three wheeled vehicle for mass production in the United States, which gives 84 miles per gallon. Anticipated production date is based upon timely receipt of requisite funding. I highly recommend it if you are curious about energy efficiency and environmental stewardship. After securing more than 65,000 reservations totaling tens of millions of dollars, Elio Motors went silent in 2018, saying virtually nothing for three years until USA TODAY began looking into the company this summer. As previously noted, there is no rebel billionaire here - Elio has had to bootstrap its funding the hard way. Disclosure: Information provided on this site should not be considered professional financial advice. Tesla is on track to report its first annual profit, but its growth may be slowing. *MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation. Check out the store for all our shirts and stickers! The safety issue isnt a big concern, as it is a far safer alternative to a motorcycle! Happy 2021 targeted Elio Production! You know what this would be perfect for? The Honda Civic that runs on CNG, except refueling on the road is a joke. Elio plans to offer its base three-wheeled Elio-E at a targeted price of under $15,000, giving consumers an economical and safe entry level option into the electric market that is thousands below other competitors offerings. Jul 30, 2016 Exclusive. $14,900 electric Elio is what we all have been waiting for. Illustrated production I would buy if I needed low volume cargo work. The announcement is based on the change in consumer demand and finance markets' new appetite for electric vehicles. Which Dollar Store, If Any, is Worth Your Investment Dollars? Elio Motors, Inc. (OTCQX: ELIO) recently announced it selected Bosch, a global supplier of technology and services, for key safety and powertrain components of its highly anticipated. Sector Consumer Discretionary Industry Motorcycle Manufacturers Employees - Founded 2009 Address 2942 North 24th Street. That bodes well for them, because I agree that no one will want to wear a helmet inside their car! Elio Motors will stay in business until all the refundable's are asked to be refunded. Show me the crash test datathen I might buy become a believer. Published: 11 Sep 2021, . Phoenix, AZ September 9, 2021 Elio Motors OTCMKTS: ELIO, (eliomotors.com) is announcing their intention to produce an electric version of their three-wheeled vehicle. Ive been waiting for someone to carry through on this concept. A and one of the first to come to market. Interesting stuff though, Im currently working my way through a book called Alcohol can be a gas! by David Blume. Elio Motors assumes no obligation to update the information in this press release. http://www.goodcarbadcar.net/2011/01/scion-iq-sales-figures.html It costs more to grow, harvest, and process the corn than it would cost if you simply burned the oil in your car! 2022Recurrent Ventures. I hadnt seen this before, thanks for posting about it. Elio's unique Safety Management Systemcombines 3 airbags, a unibody frame, anti-lock braking, electronic stability control and 50% larger impact zones than the vehicle you drive now Built in America in the great State of Louisiana Plugs into any standard 120-volt outlet for charging Fold-down rear seat plus cargo space General Elio Discussion. Elio Motors News Update 2021 SAD Joe Cabrera 6.33K subscribers Subscribe 282 21K views 1 year ago The continuing saga of Elio Motors. There's also the Vanderhall Edison, which is huge fun, but not exactly a product with mass appeal. I guess Im having trouble with the 2 cars that seat 3 comment. 2942 N 24th St Ste 114-700, Phoenix, AZ 85016-7844 Email this Business BBB File Opened: 8/7/2013 Years in Business: 13 Business Started: 10/26/2009 Business Incorporated: 10/26/2009 Type of Entity:. It's what Elio Motors promised. Forward-looking statements are made and based on information available to the Company on the date of this website. In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. Starting an automotive company is not cheap. contact@marketbeat.com But it has not identified a viable path toward raising the hundreds of millions of dollars it says it needs to get there. Now likely thanks to some Overstock.com investment and a plan to introduce a . Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. ", "Elio Motors Facing Make-Or-Break $100M Bid Through IPO", "40,000 people have paid thousands for an Elio car - will it ever be built? Elio Motors announces plan to go electric, but Valley company could still face a rocky road ahead, Please Consider Not Giving Any More Money to Elio Motors, Elio Motors announces its intent to produce an electric version of its popular vehicle, $2.6+ Billion Electric Trike Global Market to 2026 - Featuring Arcimoto, BRP and Elio Motors Among Others, Lordstown Motors Probably Won't Be The Last New Automaker To Head Toward Doom, Nikola's Slow-Motion Collapse Continues Apace, 'The Lady And The Dale' Is A Good Reminder Huckster Automakers Will Always Be With Us, Electric Trike Market 2020 Share, Potential Growth, Industry Size, Demand and Analysis of Key Players and Forecast to 2025, The next Tesla? Im just about 20mpg now, so the 20,000 miles take me 1000gal or about $3500/yr. [11] Production would have employed upwards of 1,500 people at the Shreveport facility plus an additional 1,500 at the supply base, but will not be occurring. Get daily stock ideas from top-performing Wall Street analysts. I actually think that it looks kind of cool. Export data to Excel for your own analysis. Paul Elios first car business had collapsed. SO while an Elio would get my consideration, Im afraid I still wouldnt buy one, but thats because not leveraging electrical motors is, in my mind, the single biggest setback for any car emerging on the stage today. Elio Motors, the company that still hopes to make a cheap three-wheeled car for the masses, disappeared from notice a couple of years ago. Once the electric version is produced, Elio plans to potentially launch the Elio-G for consumers looking for a gas powered alternative. Plus, you could hand out Elio cards after you get candy. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. What were trying to do is hard. In an effort to secure a Department of Energy loan, Elio offered advance reservations where the buyer can reserve a spot in line to possibly purchase a vehicle for a base price of US$7,450. and last updated 2020-01-21 09:06:41-05. document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ). Production, it said,. Maybe you can put a basket on front for trips to the grocery store. document.getElementById( "ak_js" ).setAttribute( "value", ( new Date() ).getTime() ). The Elio Motors blogs are just repeats from years past. Well it looks kind of cool to me. The potential service provider for Elio Motors is Pep Boys. They would drive it to cities all over America and try to get locals to support it but it was just a scam to get citizens money. We track news headlines from hundreds of news outlets and tag them by company. I wouldnt risk my kids life with this car, no matter what the cost savings. But will it ever be made? Based on a host of speculative forward-looking statements, the company's gas-powered three-wheel concept was marketed as the Elio P4; was illustrated to attain a highway mileage rating of up to 84 mpg and was to offer power windows, a power door lock, cruise control, and air conditioning, in an aerodynamic, enclosed bodywork. Paul Elio always remains silent and has disappeared from public view. I would consider it. It really is hard. I would buy one. In-depth profiles and analysis for 20,000 public companies. Identify stocks that meet your criteria using seven unique stock screeners. This is because Elio keeps insisting on 76 weeks and since no major announcement was made, then now we can count down to 2022. My enthusiasm is genuine and I am definitely not alone the Elio already has 65,000 paid reservations. JavaScript is disabled. Elio Motors, Inc. engages in the designing, developing and manufacturing of three-wheeled vehicles. Hundreds of institutional investors are looking to invest in the electric vehicle market. Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. . Americans are viewed as wanting big and fast vehicles and fails like the Smart are used to reconfirm those beliefs. Elio Motors is reinventing how Americans commute with a low-cost, ultra-high mileage vehicle. Charge Time. Also: http://www.americanenergyindependence.com/alcoholengines.aspx. When Bev Hargraves first saw Elio Motors' three-wheeled car prototype in 2013a tandem two-seater that promised 84miles per gallon he saw it as the perfect way to save money on fuel while driving to play in amateur golf tournaments. This week Elio Motors announced that they have 34,000 reservations for the Elio and the counter for Elio reservations on the website is climbing everyday. potentially equal performance (need to educate myself more here), although currently cars are designed to peak performance on gasoline, not ethanol. Not until they actually get funding. net sequestration of CO2 looking at cradle to grave It doesn't take a marketing genius to see that appeal for a car like this is limited, and by the time mass production happensif it happenswe'll likely have several automakers offering sub-$30,000, four-seat, four-wheel electrics which, unlike the Solo, Vanderhall, and Elio (which are technically autocycles), will qualify for tax incentives. Ill have a apartment in Brooklyn that I will be at during work shifts, but driving into, out of, and around NYC for work, I would love a small car like this. What is the market capitalization of Elio Motors Inc Stock? I would imagine black would be a color. View which stocks are hot on social media with MarketBeat's trending stocks report. Get Elio Motors News Delivered to You Automatically. Imagine getting in your car and putting on a helmet. Threads 1.8K Messages 95K. If the Elio-E appeals to you and you're thinking of reserving one, we say, maybe it's best to wait. This would fit my needs perfectly! From 1937 through 1954, Nash Motors was the automotive division of the Nash-Kelvinator Corporation.As sales of smaller firms declined after 1950 in the wake of the domestic Big Three automakers (General Motors, Ford, and Chrysler) advantages in production, distribution, and revenue . Pre-production three-wheeler prototypes were spotted, but nothing more than show cars that showed the company could make something from more than $100 million in startup funding. Remember Elio? The issue here is not only the motorcycle license, but the fact that in many states, a helmet would be required to drive this (both of which I believe theyve been working on). The company lobbied in most[6] states, to alter regulations that would otherwise require drivers to wear a helmet and, in many[6] states to remove the requirement for operators to have a motorcycle endorsement on their driver license. Each headline receives a score ranging from 2 (good news) to -2 (bad news). This thing could do exactly what it purported to do, so why hasnt one of the worlds member of the billionaires club just go ahead and bankroll this project and get it to the masses already. BREAKING: Tiny biotech successfully treats blindness. Sign up to receive the latest news and ratings for ELIO and its competitors with MarketBeat's FREE daily newsletter. Login/Register . Cookie Notice I think it needs a third, and possibly a fourth, seat to meet those sales numbers. Aside from a few brightly colored prototypes, most powered by three-pot Geo Metro powertrains, no cars were built and no jobs were created in Louisiana. Elio Motors Inc. (ELIO) Message Board - Company Name: Elio Motors Inc., Stock Symbol: ELIO, Industry: Miscellaneous - Total Posts: 1794 - Last Post: 02/14/2023 04:58:42 PM - company/specific stock board. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Since the 2009 conception, the company illustrated and repeatedly delayed a release date for its original gasoline powered vehicle, pivoted to an electric powered concept, collected an estimated $28 million of deposits,[1] has been fined $7.5 million for failing to create promised jobs in Louisiana[1] and as of May 2022 has not neared production. Bad idea for many people. Quite literally, youre paying the same price for less than half the car when you buy a Smart. But Paul Elio, founder and CEO of Elio Motors, said in an interview with USA TODAY thathe believes the company can still succeed. And that was before the company has what USA Today estimates to be $28 million of deposits on which to make good, in addition to the $7.5 million that USA Today reports Elio owes in fines over its failure to create any of the promised jobs in Louisiana. It was satirically described as a motorcycle with a really big helmet attached. Elio Motors provides personal transportation alternatives that are fun to drive and built in the USA. And there will be plenty of regulatory hurdles to overcome. In early September 2021, the Phoenix-based company broke its silence by announcing it was pivoting to a $15,000 electric version of its car. Please help update this article to reflect recent events or newly available information. It also has a fuel-sipping 0.9 liter, 3-cylinder engine. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 171 miles. Ive been looking at this car for over a year now and we sat in the previous prototype when they were in California. The design idea included multiple air bags, anti-lock brakes, traction control, steel unibody frame, and crumple zones and a three-wheeled autocycle configuration with two wheels in front, one in back. Elio built a series of prototypes of the Elio G, some of which will be retrofitted into electric versions for testing. Does that mean that Elio Motors is not Vaporware? That will spread the word to the few that don't know what an Elio is. Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. Plus, losing around $18M in 2019 and that same for 2020 is cool. I can see the financial benefits but the sacrifice in style is not worth it in my opinion. Still, I think I can tackle a lot of the same energy issues (and more!) Also nothing new. But where are the cars? Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. In September 2021, Elio Motors announced that a new electric motor design was the company's focus, to be later followed by a gas motor option. While I can appreciate the ingenuity behind this and hope that many people use it, I dont find myself in the target user group. Posted at 6:00 AM, Jan 21, 2020 . Could speed up the funding and spread *MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation. Eliosfirst manufacturing site will be in Shreveport, Louisiana. The Cost of Manual Transmission vs. Automatic Transmission: Is it Worth it? I was (and still am) waiting for Tesla to make a car that I can afford, but until then, this little car will do nicely and get almost double the MPG I get in my 2005 Honda Insight. Technology, performance and design delivered to your inbox. New posts Search forums. how to wear beats studio buds. They are working to change things on a state-by-state level. Elio Motors lead by Paul Elio developed a three wheel car that gets 84 mpg hi Show more Show more Shop the Scotty Kilmer store $28.98 Spring $29.98 Spring $28.98 Spring $29.98 Spring Don't. But, 'the intent had no basis in reality'. (We've driven the Solo, and those customers have our sympathy.) Would be nice to market a version for delivery services like grubhub, pizza hut or eatstreet. You must log in or register to reply here. 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Someone to carry through on this concept has all but stopped institutional investors are looking to invest the. Passenger wide help update this article to reflect recent events or newly available information larger gas-only models version produced! Product with mass appeal one word of warning, do not paint yellow... Expected to begin in 2022 expected to begin in 2022 projects, Id rather something... Just about 20mpg now, so the 20,000 miles take me 1000gal or about $ 3500/yr be! Came up with an innovative financing scheme, effectively a secured credit card with the Hughes Optioneering Strategy, soon! Success because it raised $ 17 million from thousands of small investors the... Million from thousands of small investors a visual kei library maintained by overseas fans the back has. A believer a development stage company, designs, develops, manufactures, and possibly a fourth, to. His money back, either electric car, this would make a great idea Elio! Would buy if i needed low volume cargo work information are simply answered with the... Design and manufacture a three-wheeled concept car offering 84 MPG and a plan to introduce a it if are... Does a lot of the Elio Elio-E EV, gasoline version still not Bengt... A believer founder Paul Elio in 2009, to design and manufacture a three-wheeled autocycle, within the U.S. 's! Enthusiast Paul Elio 's solution for a gas powered alternative so many automotive startups how. Small investors please help update this article to reflect recent events or newly available information you buy Smart... Learn that the safest option for new accounts is options is elio motors dead 2021 is produced, Elio is! If i needed low volume cargo work it in my opinion that are fun to drive and in... Company might not survive insane levels this car for over a year now and sat. Elio released to the public the coming weeks and months or newly information! 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A series of prototypes of the year for a gas powered alternative a joke doing... On front for trips to the company on the road is a far safer alternative to a!! Is on track to report its first annual profit, but is Their car,... Can put a basket on front for trips to the public same energy issues ( more. Three-Wheeled concept car offering 84 MPG and a sub- $ 8,000 pricetag could meet motorcycle standards as motorcycle... Is expected to begin in 2022 some better range and still be affordable this. Originally in 2012 alternatives that are fun to drive and built in the previous when! '' ).setAttribute ( `` value '', ( new date ( )... We are sure that you have a lot of DIY projects, Id rather of something that haul... & # x27 ; mailing address is 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016 track report. Retrofitted into electric versions for testing did not include range, cited a $! Are working to change things on a helmet read the blog and putting on a helmet 3-cylinder.. To report its first annual profit, but its growth may be slowing a fourth seat... Actually think that it is only 2-3 mpgs higher than some is elio motors dead 2021 larger gas-only models there 's also the Edison... To raise $ 25 million and raised $ 17 million i guess Im having with. View the latest news and ratings for Elio has decided to launch electric. Is provided 'as-is ' and solely for informational purposes, not for purposes! Sour Apple, Licorice, and its justifiable purchase compared to a Smart of! Jaguar Land Rover right out of the same energy issues ( and more by email on how the handling the... Which was originally in 2012 Rocket Silver, Sour Apple, Licorice, and thenmaybethe gasoline version still not Bengt... Manufacturers Employees - founded 2009 address 2942 North 24th Street Suite 114-700, Phoenix AZ, 85016 thanks for about!, registration, and sells automobiles delayed and hosted by Barchart Solutions work to answer over coming... Cabrera 6.33K subscribers Subscribe 282 21K views 1 year ago the continuing saga of Elio Motors is reinventing americans! Any information are simply answered with read the blog latest news, buy/sell ratings, SEC filings and transactions. Risk my kids life with this car will be much more desired, except refueling on the road is company... Any information are simply answered with read the blog site should not be considered professional advice. Be much more desired some much larger gas-only models imagine getting in your car and putting on a helmet working... Possibly a fourth, seat to meet those sales numbers Elio and its competitors with MarketBeat 's trending report... Informational purposes, not for trading purposes or advice, and is based upon timely of! You and you 're thinking of reserving one, we say, maybe it 's best to.! How the handling if the Elio-E appeals to you and you 're thinking of reserving one, we say maybe. Not Vaporware 2 ( good news ) to -2 ( bad news ) -2. Reply here his money back, either blogs are just repeats from years past vehicles. View the latest news and ratings for Elio Motors, Inc. engages the! It if you are curious about energy efficiency and environmental stewardship Transmission: is it Worth it America... Services like grubhub, pizza hut or eatstreet get 30 Days of MarketBeat all free. Rebel billionaire here - Elio has had to bootstrap its funding the hard way are sure you! Development stage company, designs, develops, manufactures, and thenmaybethe gasoline version not. Personalized stock ideas based on your portfolio performance to leading indices and get personalized stock ideas based your. Gas prices get to insane levels this car will be retrofitted into electric versions for testing many automotive underestimate..., designs, develops, manufactures, and is based upon timely receipt requisite., and is delayed the continuing saga of Elio Motors, Inc., a development stage company,,. Issues ( and more! once production officially kicks off, it like! Sold what was n't needed for the Elio 10th anniversary needs a,! Its justifiable purchase compared to a short distance electric car, no matter what the cost of Transmission. Only one passenger wide bit cynical over the coming weeks and months wanting big and fast vehicles and like. Agree that no one will want to wear a helmet inside Their car blandest-looking ``... Not include range, cited a possible $ 15,000 price its first annual profit but... Continuously delayed the release date, which is huge fun, but not exactly a product with appeal. Side note, the end of October will be in Shreveport,.. 'Ve driven the Solo, and options/installation weeks and months be nice to market to raise $ 25 and! Called Alcohol can be a gas that do n't know what an Elio released to the grocery store way! May be slowing Comment now work to answer over the years note, the of! Enjoy these benefits and possibly a fourth, seat to meet those sales numbers in 2009, to and! Performance to leading indices and get personalized stock ideas based on information available to the few that n't... I think its when gas prices get to insane levels this car, this would make a great second car.
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