Elio Motors Offers Shares To Public In ‘Crowdfunding’ Investment Quest

Elio Motors prototype at New York Auto Show press conference, Apr 2015

When Paul Elio said in April that his startup carmaker, Elio Motors, was pursuing crowdsourced funding, most journalists likely imagined sites like Kickstarter or GoFundMe. In fact, the investment opportunity is slightly more formal than that. Elio needs to raise roughly $230 million to start manufacturing its three-wheeled, two-seat, “84-mpg”… …read more