Elio Motors Inc. (ELIO)

[JohnPainter]

The only thing the SEC filings tell, is the reality of starting a mass production vehicle company. Nothing more, nothing less, it is a brutal industry to break into and the American automotive landscape is littered with the carcass's of failed vehicle companies.

Elio Motors is a risk, just as Tesla Motors was, early in their history and remains today.

From Tesla Motors last SEC 10Q filing in 2015;
"We have a history of losses and have to deliver significant cost reductions to achieve sustained, long-term profitability and long-term commercial success.

We have had net losses in each quarter since our inception, except for the first quarter of 2013. Even if we are able to continue to increase vehicle production and sales and ramp production and sales of Tesla Energy products, there can be no assurance that we will be profitable. In order to achieve profitability as well as long-term commercial success, we must continue to achieve our planned cost reductions, control our operational costs while producing quality vehicles, increase our production rate, and have strong demand for our vehicles as well as Tesla Energy products. Failure to do one or more of these things could prevent us from achieving sustained, long-term profitability."

https://www.sec.gov/Archives/edgar/data/1318605/000156459015009741/tsla-10q_20150930.htm