It doesn't look like the column is telescoping and I will inquire about it with the manufacturer if I have an opportunity. It may be redundant however as the Delorean has no engine that might force the column into the driver compartment in a severe collision. I have never seen the column move in an accident situation and I've seen some bad ones. Now if you weren't wearing your seatbelt I could see it not deflecting from your torso impacting it but don't we all wear them in this day and age? It won't stop me from putting one in my own car as time permits.
Rob