Filed under: Earnings/Financials,Green,Budget,Future
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. Elio simultaneously announced plans to launch a security token offering of a "ElioCoin" cryptocurrency to help it put the vehicle into production.
Continue reading Elio Motors lands $2.5 million investment from Overstock.com
Elio Motors lands $2.5 million investment from Overstock.com originally appeared on Autoblog on Wed, 25 Apr 2018 11:15:00 EDT. Please see our terms for use of feeds.
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