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| The first version of this newsletter had an incorrect figure for the amount of deposits collected by Elio Motors. The story itself was correct. |
| Good morning, Daily Money team, it's Nathan wishing you a happy week ahead! |
| 🚗 Eight years. $28 million in deposits. A "thousand-dollar T-shirt." |
| And zero vehicles. |
| How did Phoenix engineer-entrepreneur Paul Elio's Elio Motors gain so much traction with his promised $7,000, 84 mpg, 3-wheeled, 2-seat car ... and why are we still waiting for Elio? |
| Today, my USA TODAY colleague Craig Harris and I publish Part 1 of a three-part series on how Elio Motors grabbed the spotlight – and people's money – but hasn't yet delivered what it promised. |
| This labor-intensive series is available only to digital subscribers, so I hope you'll consider supporting our journalism here! |
| 💰 The Daily Money is USA TODAY's Monday-through-Friday-morning roundup of all things personal finance, business and tech. If this email was forwarded to you or if you found it online, you can subscribe for free here! |
| On to our ... |
| 💡 INSIGHT OF THE DAY: Fish sticks. Rice Krispie Treats. Sour Patch Kids. McCormick spices. If that doesn't sound like a random list of food, I don't know what does. But all of those products and more are facing supply chain issues for one reason or another. They may be in short supply at your local grocery store. |
| ⌚ WHAT TO WATCH FOR: Part 2 of our Elio Motors investigation will be published on Tuesday! |
| 📰 And here are more stories you won't want to miss: |
| 1. Dreading the thought of returning to your old commute? You're not alone. |
| 2. Car prices show no signs of slowing down? An average price of $50,000 could be in the cards. |
| 3. Another day, another battery plant: This time it's Toyota that plans to build an electric vehicle battery factory in the U.S. |
| 4. Black Friday is just over a month away: And Walmart has unveiled its 2021 Black Friday plans. |
| 5. Auto safety rules often take years to implement: At least 13 are overdue and many of them could save lives. |
| 6. Looking for a part-time gig in retirement? Here are five worth considering, including pet care and child care. |
| 7. Think first before posting: Parents often share too much about their kids on social media. |
| 📱 I'm just glad social media wasn't around when I was a kid, amirite! |
| You can follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey and subscribe to our free Daily Money newsletter here for personal finance tips and business news every Monday through Friday morning. |
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