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The Difference Between Elio's Crowdfunding Pitch And What Elio Tells The Government

Elio Motors aims to be the first successfully crowdfunded vehicle manufacturer. Its social media pages solicit donations with big dreams and tales of even bigger successes yet to come. But now that Elio wants to sell shares in the company, its first financial filings with the government paint a much more somber and…

Miller Motorsports Park's New Chinese Owners Plan To Keep Racing In Utah [UPDATE]

Reports came in earlier today said that Miller Motorsports Park, Utah’s premier race track, was about to be sold to Geely Automotive, a Chinese company primarily known in the U.S. for owning Volvo. But it turns out the new owner isn’t quite Geely Automotive, though it is a subsidiary. And they plan to keep MMP right…

Report: Volvo's Chinese Owner Is About To Buy Utah's Miller Motorsports Park [UPDATE]

Miller Motorsports Park, a gorgeous race track in Utah, is up for sale. That much we knew, but what we didn’t know was who was going to happen to it. But a new report from a local news station says that Geely Automotive – yes, that Geely, the Chinese company that owns Volvo – is going to buy it.

Here Are the Internal Documents that Prove Uber Is a Money Loser

Uber, Silicon Valley’s prized amoral unicorn, is presumed to be a financial titan and a sure-thing IPO in the near future. Which may be true. But one thing that’s frequently missing from the conversation about its inevitable dominance over virtually every facet of our lives is the answer to a fundamental question:…

You Think Your Taxes Are Bad? NASCAR Drivers Have To File In 20 States

Today, April 15th, is Tax Day. And you think this is a problem for you, because you are ever-so-slightly disorganized. But today should be the one day you thank the Lord On High that you are not also a NASCAR driver, because doing a NASCAR driver’s taxes is a pit of the deepest, darkest, hottest hellfire. UPDATE