Elio UPDATE and it's not good . . . - Page 24 - Smart Car Forums
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post #231 of 312 (permalink) Old 05-01-2017, 02:42 PM
 
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Originally Posted by Mgarich View Post
I do have the money in it and was originally excited. That's all gone now and my gut tells me it won't happen. As far as loosing my money it has been a nice ride and I can afford the loss. Early on I met Paul Elio at the Shelby musieum in Vegas and my extensive conversation with him left me with a feeling that he barely believed it would happen. I do believe it is not a scam but it does bother me that he makes 250,000 per year salary


A quarter million a year isn't what it use to be.
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post #232 of 312 (permalink) Old 05-01-2017, 03:04 PM
 
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Still get endless appeals to upgrade, and "news flashes" that could politely be called BS. If they ever actually produce any vehicles I will be very surprised. I've built ground up cars in a lot less time, and they were NOT checkbook cars.
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post #233 of 312 (permalink) Old 05-01-2017, 09:16 PM
 
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A few new details today from Jalopnik:

http://jalopnik.com/elio-motors-says...cti-1794816478
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post #234 of 312 (permalink) Old 05-02-2017, 09:51 PM
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If it hasn't made it by now, it probably never will. Ooops.
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post #235 of 312 (permalink) Old 05-03-2017, 06:53 AM
 
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I was almost hooked into this when it first came out , even had some investment $$$$ burning a hole in my pocket , so glad my better judgment kicked in . although I have funded other projects in the past , this one smelled , especially when the delays and updates started happening .
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post #236 of 312 (permalink) Old 05-03-2017, 07:12 AM
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I even went as far as driving up to see one in person, considering that it wasn't long after my first knee replacement , it was quite a commitment. I could get in and out of it OK, and it seemed like it would be fun to take for a spin, it was in a mall so no way t was going for a drive, but I liked the idea of it and it seemed to be made well enough for a prototype. I didn't put down a deposit though, I wanted to wait and see what the final product looked like first. Glad I waited...

I'd still like to see them built, even as a limited production run, or as a kit car.
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post #237 of 312 (permalink) Old 05-03-2017, 07:24 AM
 
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Quote:
Originally Posted by stevenvillatoro View Post
A few new details today from Jalopnik:

http://jalopnik.com/elio-motors-says...cti-1794816478


That's a lot of money. Can't help them there. I just got refunded my $5k from the Tesla Model X reservation that I couldn't afford.
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post #238 of 312 (permalink) Old 05-08-2017, 10:54 AM
 
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Is a binding reservation the same thing as a pre-sale? It seems that Elio Motors is not licensed to sell vehicles in Louisiana.

Louisiana commission again delays Elio Motors hearing - KSLA News 12 Shreveport, Louisiana News Weather & Sports
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post #239 of 312 (permalink) Old 05-08-2017, 04:38 PM
 
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How is this thing not dead yet?

If nothing else, Elio seems very good at postponing bankruptcy. And lawsuits.
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post #240 of 312 (permalink) Old 05-10-2017, 08:43 PM
 
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