Elio responded, "Elio Motors owns all the equipment inside. The equipment is Elio Motors. The building is Shreveport Business Park and we lease it back. Equipment sales they have been sold to a ...

Crowdfunding works. Whether vying for a portion of the billions that have been raised via rewards-based platforms like Kickstarter or seeking an investment from the crowd through which fans become ...

BATON ROUGE, La. (AP) - A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it plans to build three-wheeled, low-price vehicles. The deal was ...

ROYAL OAK, Mich. (AP) — Your next commuter car could have two seats, three wheels and get 84 miles to the gallon. Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same ...

A risky car concept and a wildly successful $17 million dollar crowdfunding effort used to help finance it. Elio Motors, at one point, had stock selling as high as 75 dollars per share. In 20-13, ...