News ‘The next Henry Ford’ raised millions to build a $7,000 car. His company still bled cash. October 19, 2021October 20, 2021 Nathan Bomey and Craig Harris, USA TODAY Comments Off on ‘The next Henry Ford’ raised millions to build a $7,000 car. His company still bled cash. Paul Elio fell on hard times during the Great Recession of 2008. He built a plan to rebound but that road back has been littered with speedbumps.