atomic_fungus (atomic_fungus) wrote,

#5796: Things ain't looking too good for Elio.

Both these links are to Jalopnik, but finding news on what's going on with Elio is hard, so I'm making an exception in this case and linking to them even though commie-lib.

$376 million needed to start production.

Facing $500,000 fine for violating Louisiana state law.

Looked over their Faceboob page and haven't seen any updates for quite a few months. Their web site is similarly free of useful information; the most recent press release was on August 4, about making a public offering, and prior to that the last press release was issued in April. And these two articles were published in June and July, respectively.

I was really looking forward to them starting production; I've made no secret of the fact that I really want to buy one. But it looks as if I won't have the opportunity.

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