The $6800 Car: How Elio Motors Plans to Disrupt the Car Industry - Motley Fool
Think cars are too expensive. There's a potentially disruptive company that plans to make a seemingly impossible dream reality: A $6,800 84 MPG car. In the video below, Motley Fool analyst Buck Hartzell interviews Elio Motors Founder and CEO Paul Elio at Motley Fool headquarters in Alexandria, Virginia. They discuss major issues with the car market and how Elio plans to make a cheap car with great gas mileage possible. Buck Hartzell: First of all, I'd like to thank Paul Elio for coming by today. We're going to lean a lot more about Paul as we get into the discussion here. He's someone that's applying an entrepreneurial approach and innovative way of thinking to really change how we get around our planet. I've followed Paul and what they've done at Elio for the last couple years and been really impressed with how much they've done on a bootstrap budget. I've actually signed up. I'm all in to get one of the new vehicles, so I'm looking forward to that coming. But first of all, welcome Paul. Thanks for stopping by. Paul Elio: Thanks for having me. Hartzell: Can you tell us a little bit about your background, what you did before Elio, and what got you interested in coming up with this idea. Source: www.fool.com
