Elio Motors is a company founded by Paul Elio in 2009, to design and manufacture a three-wheeled, enclosed autocycle. Since the 2009 conception, the company illustrated and repeatedly delayed a release date for its original gasoline powered vehicle, pivoted to an electric powered concept, collected an estimated $28 million of deposits, has been fined $7.5 million for failing to create promised jobs in Louisiana — and as of May 2022 has not neared production. As early as 2015, The New York Times noted Elio Motors was selling "spots on the waiting list — and, more broadly, a dream." Wikipedia