I used to be really exited about aptera, but as the years went by that enthusiasm waned. Their market is basically gone now, since you can get a real electric car for that price nowadays. Plus, after seeing this video from youtuber “wall street milennial” I dont think there is any hope for them left.
I dont really like the essay style of that youtuber, but they cite hard, irrefutable data that paints a very clear picture that aptera is just treading water now, they dont have the funds to mass produce these cars, and no hope for further investments. Its sad really.
I used to be really exited about aptera, but as the years went by that enthusiasm waned. Their market is basically gone now, since you can get a real electric car for that price nowadays. Plus, after seeing this video from youtuber “wall street milennial” I dont think there is any hope for them left. I dont really like the essay style of that youtuber, but they cite hard, irrefutable data that paints a very clear picture that aptera is just treading water now, they dont have the funds to mass produce these cars, and no hope for further investments. Its sad really.
Was that before or after the $75M LOC?
https://aptera.us/equity-line-of-credit/
They have since posted 2 more videos about the aptera, here is the newest one TLDW: that line of credit is not going to save them.