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Very Active Member
 Elio Motors is spiralling down......
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Very Active Member
Sadly....
But then the old saying does apply here....if it is to good to be true..... gonna be some fallout on this one....
Gene and Ilana De Laney
Mt. Helix, California
2012 RS sm5
2012 RS sm5 , 998cc V-Twin 106hp DIY brake and park brake Classic Black
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Very Active Member
I have put on the Consumer Advocate hat many times when this subject came up. I was on the "it will never be built" side of the fence--for those that don't remember--or care. 
There was an article about a week ago that talked about the company's cash flow. I believe I neglected to even mention that one. Less than $100K in their accounts. That wont even pay Paul's paycheck next go around.
Based on the article above, it does indeed sound as though the death knell for the Elio is going to finally come. About time IMO.
Not saying it yet, but the I told you so may be coming very soon.
 
Currently Owned: 2019 F3 Limited, 2020 F3 Limited: SOLD BOTH LIMITEDS in October of 2023.
Previously : 2008 GS-SM5 (silver), 2009 RS-SE5 (red), 2010 RT-S Premier Editon #474 (black) 2011 RT A&C SE5 (magnesium) 2014 RTS-SE6 (yellow)
MY FINAL TALLY: 7 Spyders, 15 years, 205,500 miles
IT HAS BEEN A LONG, WONDERFUL, AND FUN RIDE.
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Very Active Member
Aw come on, everyone lighten up. As the article stated they only need $375 million to get over the crest and through the research stage. We could all put off one Farkle, donate the money to them and get this thing going. Shoot, if we send Mike (Blueknight) down there he could figure out how to put those things together a lot cheaper than some over-educated MIT graduate. 
Joe
U.S. Army Viet Nam Era Vet
2013 Spyder RT-L, Black Currant
Trunk mount dual SS flag holder
TricLed foam hand grips (awesome)
Chromed Soaring Eagle License Holder
Utopia Deluxe driver backrest
LED fender lighting
Fast Flash LED brake light
Spyder Pops LED/skid plate
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Active Member
2016 RTS Special Triple Black, BRP Freedom Trailer, Spyder Pops Rear Lighting Kit, Spyder Pops Full view Turn Signals, Trunk Light, Rivco Highway Pegs. Doc's Spring Tensioners, Trunk Organizer, Magic Mirrors, Foam Grips, back to Stock Windsheild, Lamonsters cat delete, Bajaron sway bar, More Farkles to come !!
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Very Active Member
They were a scam from day one.
Want to get in on something really cool.... Tesla is gonna rock the auto industry.
Spyder #1 - 2008 GS SM5 Premier Edition #1977. RIP after 80,000 miles.
Spyder #2 - 2012 RT SM5. Traded in after 24,000 miles.
Spyder #3 - 2015 F3 SM6. Put 13,000 miles on and sold it.
Spyder #4 - 2017 F3 SM6. Too good of a deal to pass up!
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Active Member
 Originally Posted by Firefly
They were a scam from day one.
Want to get in on something really cool.... Tesla is gonna rock the auto industry.
Too pricey.
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Tesla... 
I'm actually waiting to see how their "Solar Shingles" project works out... Fingers Crossed.gif
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Originally Posted by Firefly
They were a scam from day one.
Want to get in on something really cool.... Tesla is gonna rock the auto industry.
i would have to say yes. At a selling price of $6800 there was no way a profit could have been realized. I would estimate $20-24k would have been a reasonable figure and perhaps at that MSRP a profit may have happened if the big three didn't pounce as soon as production commenced. Many jumped in thinking they would have this cheap cool thing but the numbers just made no sense.
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Elio Motors circling the drain
https://www.ktbs.com/news/elio-faces-more-than-k-in-fines/article_f71e6a5c-659d-11e7-b0e1-c393b99d01e6.html
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Very Active Member
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Active Member
you guys ever hear of dale???
its almost and exact repeat
https://en.wikipedia.org/wiki/Twenti...ar_Corporation
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Very Active Member
and the tesla 3 came out last week. so now you have an electric car that goes a lot further then a gas one ever will
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While the Model 3 will travel farther than ANY production Elio ever will: 216 miles is still not all that great...
But give them some time, and they'll sort it all out! 
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Very Active Member
Originally Posted by SPECTACUALR SPIDERMAN
and the tesla 3 came out last week. so now you have an electric car that goes a lot further then a gas one ever will
Huh? My gas car will go forever until I run out of gas stations or road. Takes me less than 5 minutes to refuel. Can't say that for any electric car yet though battery exchange stations will solve that issue.
Current:
2016 Honda CTX700 DCT ABS (faring model)
Kip Moto SherpaX Cargo Trailer
Wife Has:
2014 Can-Am Spyder RT Limited
2016 Lees-ure Lite Camping Trailer
Previous:
2013 Can-Am Spyder RS SE5, zoom-zoom!
2011 Can-Am Spyder RT-S SE5, Foot Burner - Gasoline Boiling Stinker - Gas Tank Vacuum Puller
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Doesn't Tesla call them "Supercharger Stations"?
Their numbers are growing!
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Guess I can take my wish list picture off the wall at the office.
I don't mean to make you feel bad... 