Elio Motors Raises $22 Million From Small Investors, Still Needs $130 Million More
As one website put it–in a piece tagged to lure Tesla Motors fans–Elio Motors is “the other automotive startup” to which those fans should presumably pay attention. But even Tesla CEO Elon Musk hasn’t proposed “crowdsourcing” his product-development funds. Given that Elio now seems to have raised pledges for $22 million from small investors in… …read more