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

By Monday, its value reached the 10-figure mark. Elio Motors is the first company to go public using new regulations stemming from the JOBS Act. Here’s how the startup did it.

Elio started in 2008 with its fanciful, efficient dream. The reality is that it takes a lot to build a car and founder Paul Elio realizes that when he's in the still fairly empty plant. "It's ...

Elio Motors Passes First Review Phase for U.S. Department of Energy (DOE) Advanced Technology Vehicles Manufacturing (ATVM) Loan Marks first company to advance to due diligence phase since program ...