September 19, 2016

Elio Motors locks in price for nonrefundable reservations

Elio Motors at the 2015 LA Auto Show Elio Motors has raised funds for manufacturing its forthcoming three-wheeled commuter vehicle in a few innovative ways, including Regulation A+ stock offerings. Its latest creative funding is through its reservation system. Anyone who puts down money for an "All In" nonrefundable reservation for an Elio has the base price of their vehicle locked in at $7,300. The wording is a… Read More

Source: TechCrunch