Sandy put his money where his mouth is by investing in Aptera, but he is also unlikely to say anything bad about them.
Yeah, it works the other way too....he is "invested" in their success. Also, I wonder how much he paid for share? Didn't the founders pay less than .001% of the share price one would pay today?
Sandy put his money where his mouth is by investing in Aptera, but he is also unlikely to say anything bad about them.
New Industry? No. However, it is a very innovative and compelling product with legitimate potential, especially at the price point initially shared. I have a reservation from a few years ago and continue to follow their story. They seem to be moving forward with production tooling and supplier agreements, yet there still exists a funding shortage. Now, if they get to producing customer vehicles (I give it a 50/50 chance) the question will be pricing. A lot has changed in the years since announcing the product and, as we saw with potential Rivian buyers, earlier hand raisers do not take too kindly to prices being changed during their extended wait for production.Yea, and we thought the Tesla CT was vapor ware!!! The Aptera 2 Series was announced in late 2008. The company opened pre-ordering for residents of California, but stopped taking deposits in July 2011. On 12 August 2011, Aptera announced it would return all deposits from customers who had signed up to buy a car.
In 2019, Aptera Motors was re-formed by the original founders, Chris Anthony and Steve Fambro, and began developing a much revised solar-powered EV, the Aptera (solar electric vehicle), with up to a 1,600 km range.
Sooooo, anyone wanna take bets on whether or no this vehicle will see the light of day in any production capacity? Also, be mindful that the reason it was designed as a three wheeled vehicle was to avoid all those pesky MVSS Safety regulations. Because the Aptera 2 Series had only three wheels, most American states classify the vehicle as a motorcycle. This means that safety and emissions tests are not mandatory, as they are for cars. YIKES!
With all this information...who still thinks this will be a "New Industry"?
I thought is was 1,000 km range with the big battery and solar panels. I had a deposit with them but got it returned and never re-upped.assuming you're not a long commuter)