# Elio Motors -Scam?

**URL:** <https://community.cartalk.com/t/elio-motors-scam/186235>\
**Category:** General Discussion\
**Created:** [September 6, 2022, 1:33pm UTC](https://community.cartalk.com/t/elio-motors-scam/186235 "2022-09-06T13:33:59Z")\
**Posts on this page:** 1\
**Showing post:** 10

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**Author:** ![PvtPublic](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/pvtpublic/32/13089_2.png) [@PvtPublic](https://community.cartalk.com/u/PvtPublic)\
**Post date:** [September 6, 2022, 5:56pm UTC](https://community.cartalk.com/t/elio-motors-scam/186235/10 "2022-09-06T17:56:45Z")

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I thought I recognized that Elio thingy.

> [@Elio Motors looks a lot more more like smoke and mirrors](https://community.cartalk.com/t/elio-motors-looks-a-lot-more-more-like-smoke-and-mirrors/98288):
>
> 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?](https://community.cartalk.com/t/elio-scoop-or-scam/86760/2):
>
> 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 ?

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