SEC Filing: Elio Motors Millions in Debt With No Way Out?

According to their most recent SEC Filing, Elio Motors is over $100 Million in the Red and May No longer have a Way to save itself, thanks to Donald Trump.

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Paul Elio Gets Taxpayers to Buy Him a GM Plant in Shreveport

The move “clears the way” for Elio Motors to focus on raising the $200 million needed to fill that factory with 1500 permanent manufacturing jobs required to push out the 250,000 trikes Elio believes he can sell per year.

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The Elio Motors Saga: If it Looks Like a Dale and Quacks Like a Dale …

Back in 1975, 37-year-old Geraldine Elizabeth “Liz” Carmichael launched the Dale on a hopeful public at the LA Auto Show, promising almost 70 mpg, incredible safety, and a low price for her three-wheeler … if only people would invest! Sound familiar? Read on.

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