Atlis - scam?

Cosmacelf

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So we're seeing quite a few new articles popping up about Atlis Motors, a company that is promising an awesome pickup truck for 2020. This is the same company that is promising a $45K price tag, recharge fully in 15 minutes, and has a kickstarter-like investor program to raise $1M so that they can build a prototype (made of what, cardboard?).

I'm really beginning to think this is a scam...
 

Eriamjh1138

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I don’t really trust huge projects like this on Kickstarter. Kickstarter is not the way legitimate companies with long-term strategies operates, so I am more inclined to agree with you on this one.
 

azjohn

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I was thinking this in the beginning. The company is local to me and the address they list is a house. They barely have raised $1 mill for the prototype ( as they claim), have no investors and no factory lined up. I did some research on the head guy and he does have some start up experience, so I was wondering if it may be legit. I was mostly having doubts with how fast they can charge the battery pack and on FB people will ask for info and they just say to go to the web site, I am waiting for the release of the prototype to make a decision. I have stated on some Tesla pages on FB I think they might be waiting to be bought out bey one of the big 3
 

Cosmacelf

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I was thinking this in the beginning. The company is local to me and the address they list is a house. They barely have raised $1 mill for the prototype ( as they claim), have no investors and no factory lined up. I did some research on the head guy and he does have some start up experience, so I was wondering if it may be legit. I was mostly having doubts with how fast they can charge the battery pack and on FB people will ask for info and they just say to go to the web site, I am waiting for the release of the prototype to make a decision. I have stated on some Tesla pages on FB I think they might be waiting to be bought out bey one of the big 3
If so, they’ll be waiting a long time. Look, no company with six employees should be making the claims that Atlis is making. Listen to the CEO for any length of time and you realize the guy has crossed the line from being a cheerleader to being delusional and/or outright lying. No big auto company will touch Atlis lest they get tainted in return.
 

azjohn

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Your probably right, I wasn't thinking about the amount of employees that Atlis has. Its too bad with the recent pictures they have put online the truck looks to be good, but I guess you can photoshop anything
 

azjohn

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So I follow Atlis on FB and every now and than they will post a picture of something they are doing and most of the people who post comments are positive and say they can't wait till the truck comes out. I am one of the few who challenges them and never get a response. I made a recent comment where I said "Atlis needs a lot more money and employees to get a vehicle to market" and the CEO agreed with me, not the response I expected
 

WattsUpDoc?

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My gestalt is that they are legit (i.e. legitimately trying to make their claims a reality). However, at this point it's still just a pipe-dream or vaporware. They are a long way away from producing anything, if they ever do.
 

Rivian

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Once Ford put the F150 electric on the road the Atlas taillights will disappear in the distance. Will say it is quit a good looking truck though.
 

EyeOnRivian

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My gestalt is that they are legit (i.e. legitimately trying to make their claims a reality). However, at this point it's still just a pipe-dream or vaporware. They are a long way away from producing anything, if they ever do.
Total agree. At this point it appears they don't have much capital and very little resources to properly build and test their pickup, let alone mass produce them. I wish them the best as I do hope they succeed, but at this stage I would feel, say, uncomfortable investing in them.

Once Ford put the F150 electric on the road the Atlas taillights will disappear in the distance. Will say it is quit a good looking truck though.
Also agree, it is a good looking truck. If they can make it happen (ie, mass produce it) I think it would do well in the work truck segment, but again, they have a very long road a head of them. BTW, I think you meant to say "Atlis headlights in rear view mirror will disappear." If we see their taillights in the distance then they are ahead of us, which I believe was not what you intended. :)
 

azjohn

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Total agree. At this point it appears they don't have much capital and very little resources to properly build and test their pickup, let alone mass produce them. I wish them the best as I do hope they succeed, but at this stage I would feel, say, uncomfortable investing in them.
Completely agree. Atlis is local to me and I have made comments on FB and Twitter pretty much to what you are saying and the CEO will occasionally reply to what I say. They were selling hats and T shirts recently and I was joking who needs investors....:p:p. the plan was that Atlis would have released the prototype last November
 
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