The Elemnt is a little heavier, the screen is larger, it has two rows of LED lights instead of one and the battery life is said to be two hours longer. Other than that, they are the same. One other minor difference is that if you attach an Ant+ Radar to it, the only notification you'll get is on the display vs the Bolt that uses the display and the LED lights.
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HCFR Cycling Team
Ride Safe ... Ride Hard ... Ride Daily
2017 Colnago C-RS
2012 Colnago Ace
2010 Giant Cypress