InvestorsHub Logo
Followers 7
Posts 807
Boards Moderated 0
Alias Born 01/23/2007

Re: None

Monday, 05/22/2023 10:20:18 AM

Monday, May 22, 2023 10:20:18 AM

Post# of 1855
I first saw the Elio at the 2019 Detroit Auto Show and was impressed.. I thought what a great commute vehicle it would make. It appeared to be making progress on production and, given the simplicity of the car, it didn't seem like it would be a real challenge. Still, it continued to announce everything but the delivery of their first cars. Fast forward to now and their introduction of the EV taking precedence over the gas model... this is the move of a pump and dump company.... not a legit car maker.
You can stick a fork in this one... it's toast IMO
Bearish
Bearish