Agreed, not sure how this will help as $680,000 cash flow may hit the books BUT, the cost of 100 hand built Elios will hardly be a breakeven?Elio's stated motivation for selling 100 of its tricycles to fleets included (1) raising cash, and (2) having a pseudo proving ground.
If Elio needs to chase $680,000 by hawking untested deathtraps, I smell desperation. If anything, the 100 vehicles should be "loaned" with extensive disclaimers to any fleet department crazy enough to put a valued "test driver" in one of those before sending him/her out on public roads. The risk of hi-speed tragedies and unfavorable feedback is significantly greater by selling vehicles than if they were to be loaned, or even short-term leased. Tragedy-starved media wolves would jump on any chance to fuel the fears of 50K reservation holders over Elio's failure to prove its vehicles properly before selling them to scurry down the highway of life and death.
Apples and oranges really, but you are right. The difference is that Tesla has managed to deliver product and expanding capabilities to increase capacity. Elio is a work in progress, albeit very slow and that has it's own rewards from a public that isn't totally onside. :|
Tesla and Elio - one from a visionary who "plays with rockets" and has a proven track record, the other no track just a slow motion train wreck. :shrug:
The learning curve on the first year Tesla models has not been without some significant hurdles but with their exemplary Customer Service, they have bent over backward to make things right.Guess we will see when Tesla starts production on their 'New, never seen' model orange and can compare it to Elio 'apple'
They've designed the car, they just haven't finished the production equipment yet (it's in progress) and Tesla is now at least somewhat-established as a vehicle manufacturer and has considerable financial backing. Although they have something of a reputation for missing deadlines they still have gotten the job done in the past, if perhaps late by (typically) months. I don't think it will surprise anyone if Tesla is 6 months late to production with the Model 3.