Elio Motors Inc. Stock Analysis ELIO

Elio Motors, Inc. engages in the designing, developing and manufacturing of three-wheeled vehicles. The company is headquartered in Phoenix, Arizona. The company went IPO on 2016-02-18. The firm is in the process of designing a three-wheeled vehicle for mass production in the United States. The company has designed front engine, front-wheel drive, two-seat, gasoline-powered vehicle, with approximately two wheels in the front and one wheel in the rear-the Elio. The firm offers various body color options, such as Rocket Silver, Sour Apple, Creamsicle, Red Hot, True Blue, Licorice and Marshmallow. The Elio engine is an inline 0.9-liter combustible three-cylinder engine, which has been custom-developed for the Elio application. Its vehicle is designed to have functional features, such as air conditioning, heat, Amplitude Modulation/Frequency Modulation (AM/FM) stereo, power windows, power door lock, airbags, auxiliary port(s), anti-lock brakes, and traction control. Elio will also have options, such as rear view/backup camera, remote engine ignition and navigation and Web radio.