$28 million in deposits. 8 years. In 2013, Paul Elio shared the prototype for an ultra-cheap, gas-powered car that he claimed would revolutionize transportation. The car's promise would then ...
Troubled three-wheel car startup Elio Motors is getting a $2.5 million lifeline from online retailer Overstock.com to help it pay off debts and accounts payable and fund capital expenditures.
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