Lemme Tell Ya ’Bout Elio Motors - The $6,800 Car That Never Arrived
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Lemme Tell Ya ’Bout Elio Motors - The $6,800 Car That Never Arrived
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In this episode of The Tom Gulley Show, Tom takes a close look at Elio Motors—the ambitious American startup that promised a revolutionary three-wheeled vehicle capable of extreme fuel efficiency, ultra-low pricing, and mass production in the United States. Founded by engineer Paul Elio, the company drew national attention with bold claims: a $6,800 price tag, up to 84 miles per gallon, and thousands of jobs tied to a former General Motors plant in Shreveport, Louisiana. Millions of dollars were raised, tens of thousands of reservations were taken, and expectations soared. Yet years passed without a single consumer vehicle reaching the market. This episode examines what Elio Motors promised, how the business model was supposed to work, where the money came from, and why production never materialized. Tom breaks down the engineering challenges, regulatory classification as an autocycle, fundraising strategies, shifting timelines, and the broader implications for automotive startups and consumer trust. A factual, clear-eyed exploration of one of the most talked-about “almost” cars in modern automotive history. thetomgulleyshow.com