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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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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Financials Show that Elio Motors is Really, Definitely, Not Gonna Happen

Elio Motors’ next payment of three-million USD to Racer Trust – the “old GM” the property liquidation agent selling the old Shreveport GM plant to Elio – is due September 4th … and Paul Elio is asking the people of Shreveport to pony up the funds. They shouldn’t, because Elio’s numbers don’t add up.

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