https://bsky.app/profile/aptera.bsky.social

Like many people, I've been following Aptera's progress for a while with interest. I see Aptera's opened another investing round but I have mainly one lingering question: If you invest into Aptera today, what does that share of stock actually entitle you to if anything?

• It doesn't appear to pay dividends from reading their sec filing https://www.sec.gov/Archives/edgar/data/1786471/000149315224047563/form253g2.htm
• It's not tradable on the stock exchange since Aptera hasn't gone public with an IPO
• It doesn't appear to grant you any voting rights in the company direction
• Does it give you priority to jump the queue when you order your Aptera?
• I guess bragging-rights?

It's currently unclear to me what benefits the investor gets from investing into Aptera early other than speculation in the hopes that it can be sold at a higher price in the future. Can someone clarify? What am I missing here?

Thanks

Community Growth Updated on Nov 28, 2024

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I went down a bit of a rabbit hole learning about how to work with carbon fiber.

This website has instructional videos for how to create molds and produce parts from 'forged carbon fiber'.

This link dives into material properties: Link

This link shows the process for creating a mold and forging a part: Link

I think a lot of folks in this forum will find this super interesting. Having gone down this rabbit hole has given me a lot more confidence that when a BINC needs repair it is something a normal person with the right equipment will be able to do. Also, this technology is much better established than I had realized.

With right to repair and such making it feasible for anyone to fix/replace anything about the car, I'm curious whether a "build your own aptera" option might be viable. Just ship me all the parts, I'll put it together myself in the garage.

Although I imagine at the outset the parts will likely be the bottleneck, once there's a nice surpluse in the warehouse I don't see any reason they couldn't just drop all the parts on a pallet and ship it unbuilt for a few thousand off the price.

First Tesla, now Rivian and Lucid, started with high end cars to show wealthy investors the best that their technology can do. Tesla especially didn't become the EV juggernaut today because they started with the affordable Model 3, they got there because 1) they couldn't guarantee mass production scale and 2) the infrastructure and battery tech wasn't there yet.

That being said, the EV infrastructure is a lot better today, especially with Aptera going for Tesla's NACS port, and battery technology is far better, but that, even combined with Aptera's solar capabilities, hasn't been enough to convince a couple of billionaires to give the company a large upfront investment.

So I think that the biggest problem the company is having is skipping 5-10 years of incremental gain and instead are going straight for a mass production $30k EV.

If they started with a $100k EV, they could've taken advantage of the fact that it would've been easier to convince investors they could actually build the cars, because demand is low, however, gross margins would be higher per car. So if they could gain some market share in the high end EV space slowly over time that might have actually been enough to convince more institutional investors to jump on board for a mass production EV.

The next biggest problem is the type of mass production car they're even trying to build in the first place. As a big car hater, as much as I hate to say it, the market isn't interested in a two seater car, let alone a small car in the first place.

Around the time that Aptera relaunched, light vehicles (including pickups, crossovers, SUVs, and Vans) accounted for two in three new car sales. Now that number is even higher, accounting for closer to 80% of all new car sales.

So just given the market trends going back to 2018, they should have just started either with a high-end sports car like Tesla or Lucid did or just went with an SUV/pickup truck like Rivian did, because now only 7% of new car sales are "small cars."

For more information on the data, I'd suggest reading the infographics on NADA's website: https://www.nada.org/nada/research-and-data/nada-data

Aptera Update -- November 2024

https://aptera.us/crowdfunding-is-open/

And will there be confirmed mileage and solar data presented?

https://www.prnewswire.com/news-releases/apteras-solar-electric-vehicle-at-the-consumer-electronics-show-ces-2025-302317105.html

According to the article selective media personnel will get driving demos in the Aptera at CES. It would be great if they could report on the charging rate and the power usage that’s shown on the info screen during their test drive.