Its going up on a massive months long pump-a-thon and will crash when the "new" wears off and people understand the absurd valuation for a covered motorcycle.............. THAT CAN'T EVEN BE SOLD IN THE US YET.
If ELIO says they are gonna sell under $7000 then the Chinese will put one on the market for $5500.
As usual insiders and early investors are making bank on the stupidity of retail investors who see "IPO" and buy into the over-hype created by Wall Streeters and PR firms.
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