Elio Motors -Scam?

[PvtPublic]

I thought I recognized that Elio thingy.

Elio Motors looks a lot more more like smoke and mirrors

Who couldn’t have seen this one coming?? Elio Motors has $100K in the bank but $123M in debts. We may have to wait way longer to answer the question; Is America ready for an 84 mpg 3 wheeled car?

Elio, Scoop or Scam?

Never heard of elio. I’ll have to research. Maybe like the Wankel rotary ? different, sure enough. but better ? I see it’s just an enclosed 3wheel motorcycle. Body work and tandem seating reworked around a three wheeled motorcycle. fine, if you want one of those. just an adaptation. With a very limited customer base that will soon be saturated. What’s the potential scam here ? Guy want’s to start a company to build and sell these. People are investing. Will it fly ?