Elio Motors, unveiled a prototype vehicle, not a single car has been produced, leaving tens of thousands of depositors alternately wondering, waiting or fuming.

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 ...

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, ...

President and founder, Paul Elio spoke exclusively with KTBS-3. Elio was very open, addressing his critics, saying his company "is not a fraud" and he still insists, despite the company's 123 million ...