- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Elio Motors, getting more investor money
Posted on 3/3/16 at 6:23 am
Posted on 3/3/16 at 6:23 am
Been about 8 months since I last checked out Elio information, apparently they offered up stock last month and raised about $17MM. Company has a valuation of over $1B now! Obviously that number is inflated though.
Still no production cars, but now they say there is enough money to build the 25 prototypes for final testing. Production slated for the end of 2016, but that shite ain't happening.
Anyone keeping up with these guys, anyone buy the stock last month?
Still no production cars, but now they say there is enough money to build the 25 prototypes for final testing. Production slated for the end of 2016, but that shite ain't happening.
Anyone keeping up with these guys, anyone buy the stock last month?
3
Posted on 3/3/16 at 6:24 am to fightin tigers
are they still building the plant in Shreveport? I haven't kept up with them
Posted on 3/3/16 at 6:26 am to Salmon
Reading a little this morning, that plant is still the plan.
Posted on 3/3/16 at 6:27 am to fightin tigers
Nice. I was under the impression that everyone in Shreveport had all but given up on them ever actually making it to production.
Posted on 3/3/16 at 6:39 am to Salmon
I am highly skeptical, but they keep taking baby steps it seems.
It would be nice for them to fully deliver on a statement just once. For instance, build there 25 prototypes in the next 6 months, hell I'd believe if they built them in the next year.
It would be nice for them to fully deliver on a statement just once. For instance, build there 25 prototypes in the next 6 months, hell I'd believe if they built them in the next year.
Posted on 3/3/16 at 6:46 am to fightin tigers
LINK
quote:That's incredible.
8-gallon tank engineered to achieve 672-miles
quote:I had a Jeep Wrangler for a few years and it was narrower than your average vehicle. When driving down an asphalt highway, it felt like I was going to lose control due to the deep grooves worn into the road by larger, heavier vehicles. On Louisiana highways, this car will get beat to death.
Half as wide as a 4-wheel vehicle
Posted on 3/3/16 at 6:56 am to fightin tigers
Elio is a sham. They will continue to run into "roadblocks" as they have been the past few years.
They havent fastened one fricking bolt but continue to be gifted hundreds of thousands of dollars because "this is what is required to get past this and take the next step".
They havent fastened one fricking bolt but continue to be gifted hundreds of thousands of dollars because "this is what is required to get past this and take the next step".
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News