The 10 Best Marinas in the World. The rich and famous always have a thing for luxury expensive toys. Jerry Seinfeld, Ralph Lauren and Jay Leno have their own collection of rare and expensive vehicles and they have specially-designed garages to house these automobiles.
Elio Motors was the first startup to become a publicly traded company using the updated Regulation A+ crowdfunding rules which resulted from new securities laws within the JOBS Act (Regulation A+ is known as a âmini-IPOâ and paves the way for private companies to raise up to $50 million from the public).
Elio History. Elio Motors was founded in 2009 by Paul Elio, a former cab driver and stockbroker in New York City. He came up with the idea for Elio because he was frustrated with rising gas prices and Americaâs dependence on foreign oil. He wanted to create a vehicle that was both fuel-efficient and affordable, if slightly odd-looking.