Elio Motors Appeals 'Steep' $545,000 Louisiana Fine That 'It Would Not Be Able To Pay' Anyway 

Back in July, the state of Louisiana fined Elio Motors $545,000, saying it’s operating as a “manufacturer” and therefore should have a state-issued license to accept non-refundable deposits for its proposed three-wheeled ride. Elio vowed to appeal the decision, and on Tuesday it delivered, challenging the fine in…

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…