I have a mechanical engineering background, and when I was in school, I was on our solar Car team. This was way back in 2002. We raced from Chicago Chicago to Los Angeles on route 66. I can confidently say what Atera is claiming about the performance of the vehicle is totally within the realm of possibilities not a pipe dream.
The only thing design wise that concerns me (I’m a Mechanical Engineering also) is the skin cooling system. When the pavement is hot, I’m just not sure how it could work to use the smooth underbelly as a radiator with no fins of any kind.
Of course it's doable in some form. The Gamma is driving around occasionally. The issue is if Aptera company is ethical? They have been very poor at demonstrating that and the video lists alot of issues. For instance, very real possible result being hidden: LE gets 8 mile/kWh, 80% of 42kWh battery range is 270 miles, solar delivers annual avg 2.5 kWh/day=20 miles/day, $40K. Some fan boys will suck it up but the future is a sinking ship. All investors will lose everything. Not one defining performance spec has ever been demonstrated and no price updates for some 3yrs.
That's not the issue and their claims are probably accurate. It's not in production and in 2023 they are still working on their Gamma prototype promissing production as well as deliveries to customers in 2024.
@@mylesgray3470 My engineering degree focused in heat transfer, fluid mechanics and reactor/process design. I expect after necessary iterations the skin cooling will provide enough cooling. For normal quality roads and parking bumpers, I think the wheel covers are too tight and low. Resolving that will help cooling. I suspect they are struggling to get 10 miles/kWh under full weighted normal conditions and can't afford to back off the covers to improve usability.
@@artsmith103 Well, with enough surface area, and not all of the belly area being close to the ground, it should work. I’m interested to see how they do it, as that would be the first skin radiator on a car. I think your right that the 1000 miles on a charge is something they have latched onto but is likely not actually going to happen. I was planning to get the off-road version of this car for wheel skirt clearance myself but at this point I’ve altered purchased a Tesla Model Y and will likely buy a new Prius instead of the Aptera since that car is really quite nice. Still rooting for them though, and still have a reservation.
Well put but Tesla could have easily failed a dozen times over. They were well financed and VERY lucky. If Aptera gets afforded the same opportunity with the ATVM loan then they are all but certain to make it.
Well then, Aptera is already one up as they have a bankruptcy under their belt and yet came back like the Phoenix they are. I didn't like Aptera the first time because they were a gas hybrid at that time... They were simply too early. But now, they are going to be awesome.
@@ccibinel True Tesla almost failed a couple times, but Aptera has an easier task in front of them. And two experienced motivated technical leaders at the helm. Electric vehicles and crowdfunding are now both main stream … two big advantages for Aptera relative to what Tesla faced. Aptera just needs enough money to prime the pump, and that seems to be happening. 😀
So far the argument that a STARTUP COMPANY is doomed to failure because it's reliant on investors and grants for their operations instead of revenue of the product THAT THEY HAVEN'T RELEASED YET seems pretty dumb just on the face of it. That is basically the position of every single startup before it's product is released. Are startups risky? Yes of course. Are they all doomed to failure? Obviously not.
"...dive in..."?? 🤣 You barely even scratched the surface and your suspicions are based on old/missing information, but good job reading the boilerplate SEC risk advisements. Looking forward to your follow-up once you figure things out.
@@WarrenRedlich it is a GAAP requirement based upon capital raised and cash burn. If memory serves, when "going concern" rules were updated around 2018 or so, there was a big hoopla that Tesla/PwC SHOULD have filed a going concern disclosure based upon their numbers but skipped past it using some boilerplate language from prior 10-K filings. How far into their evolution was Tesla in 2018 vs where they are today?
you're a total moron. aptera already failed once. Elio failed. tons of other similar companies failed. this new iteration of aptera will fail too. keep hoping and dreaming
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
Compare to Tesla - Aptera is in FAR better economic shape that Tesla was after the same time frame, and has been far more open about their work that most companies. As far as "no prototype" - my wife and I have both ridden in an alpha prototype back in November 2021. Much of what you claim not to know is contained in the SEC reports. Just because you don't know how to do actual due diligence does not mean that Aptera won't be successful. It is certainly true that Aptera is a risky investment - but certainly not as risky as Tesla was at the same relative point in time. Aptera has been very open about how AI has been used in developing the vehicle. Aptera is delayed because the vehicle was re-designed once pre-orders exceeded 41,000. The body is now going to be produced by C.P.C. Group of Modena, Italy. More than 92% of the vehicle parts already have master production contracts in place. The "put together on the fly" is your opinion, based on a lack of actual due diligence.
Agreed...Warren's research was lacking. There is a HUGE difference between being new and on a shakey financial footing as virtually the only company planning to make EVs vs trying to break into a market with 100 competitors already in production.
Tesla absolutely needed and got the ATVM loan to make it. Not many would question Aptera's chances if they are given the same opportunity. Government policy works directly against Aptera with a $7500 tax credit disadvantage.
Sandy Munro is a consulting expert in manufacturing processes. He's not a business analyst or an automotive engineer. And what share price did Munro pay for his stock? What liabilities did Munro & Assocs. incur with their "involvement"?
@@daveinwla6360 If you think he's not an automotive engineer, you got another thing coming. Dude has more automotive engineering experience than practically everyone else on the planet. Dude is old as dirt, has worked with almost all manufacturers, has worked in many other industries including aerospace, and is basically THE guy other than Elon Musk for making a profitable product at volume be it a medical device or car. Arcimoto asked him to help them but then didn't listen to his suggestions for production which resulted in a cheaper production process but more expensive product with smaller profit margin. So fail on Arcimoto's part.
@@TecnamTwin - You've just confirmed that Sandy Munro is an expert in production methods, not automotive engineering. He says himself that he started as a production tool designer, not as a designer of automobile systems. IOW, you believe what you want to believe.
You haven’t heard the ceo speak? How much research have you really done? It seems like you looked at the website and decided they will fail. I was a fan of yours Warren but your losing me
That is the only thing I learned from this video... And that he said "I didn't look into it" a lot while simultaneously saying things that require you look into the topic...
@@D0li0 And, he also made a LOT Of guesses and assumptions and personal opinions and obviously biased statements that jumped to opinion/conclusion/and "guess"es without taking into account reality, history, or science
@@aussieideasman8498 then you didn't read any of my other replies listing the many very specific errors. But do go ahead and list some discrete additional reasons he might have given he had done any amount of actual research...
I cant tell if this is intentional lying and spin or if he doesnt actually understand what he's talking about, yet thinks he does. I do know that he reputation is taking a hit with these dumb videos.
I'd never heard of Warren Redlich before seeing Steve's rebuttal appear on the Aptera Owner's Club channel, but it is very apparent Warren did NOT do his homework on Aptera, just relying only on the web site and SEC filing. The Aptera executives have been very open in discussing their progress both in design and development, but also in selection of suppliers and components and how they are creating the manufacturing process. Having seen all that, I do believe Aptera will succeed. I will be happy to buy one after they reach production status.
Buy one after production starts. Don't invest with 2nd tier stock before production. There are a lot of problems hinting at No deliveries. Just protect yourself from that.
@@WarrenRedlich I don't know the frontal surface area in square inches, but what Aptera talks about is the coefficient of drag. The weird dolphin-like shape of the car, including the rounded front, is designed to reduce drag. They advertise the coefficient of drag to be 0.13. In comparison, the Tesla model 3 is advertised to e 0.23, the Porsche Turbo 911 S is advertised to be 0.33, and the Ford Lightning truck is 0.56.
@@Jeff-wx3tx So you will block a whole supercharger stall (maybe 2) for at least 40 minutes? Hopefully not. Go to another low level charger. But wait: They have CEE. Too bad. And even the 50kW charging speed of the Aptera is still a phantasy. I think they did not build an DC charger electronic yet. And did not test it. Thats the reason why they did not want to include it in the first production run.
You have a bad habit of commenting on things you don’t know about. Sandy Monroe has a different opinion of this auto. I trust Sandy and his confidence in the Aptera. You are reading from an old document. Please educate yourself BEFORE you run your mouth.
Hi Warren, stop shitting on Aptera, if you don’t like the vehicle or the company and you think they are gonna fail, just don’t invest in it, remember Tesla was at same stage more than once during the initial start up phase, what I don’t like is when new company is trying to get form start up to a profitable company, people keep beating them down with their pessimistic mystic ideas, give this company time to achieve their goal.
I’ve been watching your channel for quite a while, Warren and enjoy your commentary. As an engineer and an electric car driver I have insight into automotive efficiency and Aptera by far is the most efficient. Yes, bringing a business to fruition, requires other skills, all start ups, lose money, and require investment . I’m surprised that you can say you haven’t listened to the owners /designers of the Aptera, and can say they’re going to fail with what seems like minimal knowledge.
@@WarrenRedlich This is a real issue. Aptera measures efficiency by miles/kWh but they are competing with only 2 seats and 3 wheels against everything much bigger. Without roof racks or a hitch, this little 2-seater gets even smaller. If it's an efficient little people mover it needs to do that cheaper than everyone else but the price is 2x appropriate. If efficiency is their only achievement, that points towards small battery to leverage that and for shorter range commuter, solar could be economical battery extender vs bigger battery. Marketing this crap car in the 400-1,000 mile range is ridiculous. Another issue is battery charging. They tout big battery for range cudos but also say can charge via 120V. Those don't go together. Max 120V is 20amps = 2kW and that leads to 10kWh battery. If they can deliver 10mi/kWh, maybe at slower more efficient commuter speeds, that puts them in 100 mile range. But if solar adds 30 miles/day then the car could go 50miles/day for 5 days on one charge. Exceptional for 10kWh battery but that's not what they offer.
@@artsmith103 Their shortest range model is the 25 kWh build with 250 mile range. It will be a great commuter, but will also be able to handle road trips pretty well as our charging infrastructure expands out. With front wheel drive and full solar it was originally pricing out between 26 and 27K. We will have to see what their updated pricing will be after the COVID, crazy supply chain constraints, and the last 2 years of inflation, ... all shakes out. They have been transparent about this and have said they do not want to update pricing until they have all their supply contract ducks in a row, trying to avoid those promises that made so many start-ups like Rivian sell 10's of thousands of their first off the line vehicles for significant losses. This small start-up will not be capitalized to survive a scenario like that. Tesla's prices regularly jump up and down and all around. Until orders are finalized and contracted this is what happens. When you choose your desired build, and plunk down your $100 or $70 reservation fee they clearly say the pricing is not fixed ... These are not contractual agreements. They need to be making a profit on those first 2,000/10,000/ ... vehicles sold. They don't have billionaire, or Amazon, or the Saudi's backing them.
So your point is that Aptera is a risky investment. Duh. All EV startups are risky investments. There are reasons to believe this one will succeed, as well. One of your worst, Warren.
Warren, do the research before you put out a hit piece. Your technical doubts and questions have been answered. I agree, it is now a shaky business investment proposition that was hurt by Covid, supply chain issues, and not qualifying for the $7500 tax credit. At $25K with a tax credit is would have been wildly popular. At $33K without a tax credit, it will not be popular. Munro and Associates has helped them with the manufacturing plan, which BTW is NOT 3D printing. Aptera needs an angel investor to buy the machinery. I threw $1000 at them a long time ago. If they had gone 10X it would have bought a modest cruise for 2. If it fails, it was a bad night in Vegas. Your rant did not offer anything we did not already know, and certainly this video did not add any value.
There is still that under $26,000 Aptera build with front wheel drive and the smaller 250 mile range battery pack option. These two build options actually make your Aptera all the more efficient, and cheaper to operate. The solar rear hatch looks like it might become standard now, as the premium sound has. Solar on the front hood may add $300 more to your cost. We do not yet know how inflation might factor in.
You attacked the idea that aptera has a market, by saying each segment of their target audience already has something to fill their needs. You then went on to talk about your single seater idea... Does that not already have products to fill that need? Or did you forget electric bycicles exist? Btw, a quick browse of your channel returns no videos explaining your concept or anything you are doing to bring that concept to market. I'm guessing its just an idea in your head and you've done absolutely zilch to try and make it? Guess what? An idea is worth nothing on its own. I dont disagree that aptera could fail. Companies fail all. The. Time. But man... This video comes off as you just being a pure hater. Nothing more. You are citing an older document and did zero additional research. They dont have prototypes? Okay, I do wonder what vehicle is being shown in all those videos that are easily found on youtube is then.
I could be wrong, but the circular as far as I understand it needs the vehicle prototypes to be production intent vehicles. None of the vehicles aptera has as prototypes are production intent and therefore they had to say they don't have any... even though they do have something drivable with a lot of production intent components... its silly in my opinion that they cant call them prototypes by definition in spite of the fact they exist and are drivable.
@@EdwardBartel delta (which they haven't announced or shown off yet) is their production intent vehicle. That is if they are still doing the same plan that they covered late last year. Gamma was the vehicle that they took to CPC for them to model for the carbon fiber body. It has a lot more production ready parts and the solar panels and battery pack are functional together as far as I understand.
@@theninjineer Actually they sent their body engineers to Italy about the time they were putting together the Betas. The gamma is the production intent vehicle if they had gotten only 1-3000 orders. It uses the kevlar urethane laminate and combine that with hybrid kevlar and carbon fiber weave used to make the beta models monocoque internal body. The Launch vehicle is the delta design, so they have showed it in CG.
Sandy Monro designed Aptera's production line as well as reworking the vehicle. Edit Aptera uses Tesla charging system so road trips or just needing a boost for in town driving are not really a worry IRC the last Aptera start up failed because a MBA was put in charge of running the managment.
And that management kowtowed to Detroit and wanted to fundamentally change their design premise of efficiency. Steve and Chris aren't letting go this time around!
If you charge 40miles/day and use 30miles/day on average you can take a longer trip once in a while since you add 10miles/day (=1kwh) on average to the battery. But I agree, it’s a long stretch to say most won’t never need to charge.
@@fredbloggs5902 yes (my point was more theoretical), also those owners need to exist in the first place too, since there is no product yet. A similar company „Sono Motors“ just went bankrupt with their self charging car, the Sion, in Germany.
Love that Tesla is working with Aptera. Warren needs to do more homework. I for one would love to spend my money on a vehicle I will never have to spend money on fuel ever again. If I ever want to do a road trip I'll hop in a Tesla but for every day use in town... Aptera is my pick.
@@williamminehan4416 Aptera is not Tesla, just like a Lightning is not a model 3... Completely different vehicles. The fact that Tesla doesn't use PV has zero bearing on why it makes sense on the Aptera. But you have to invest in understanding the engineering to see why.
@@williamminehan4416 I'm not going to go into it here. You just got to educate yourself and do some research. There is a reason why it doesn't work on a Tesla and does on an Aptera. It's already proven... like 2 years ago... this is old news. Just open your mind and do some research bro. Sandy M. also talks about it.
35:32 "Are they gonna be as efficient as a Tesla? Probably not" Your Zealotry is on _full display_ here. What is your basis for that? You have none. It is a wild guess. The fact of the matter is, Aptera understands the religion of energy efficiency as well as Tesla does and if anything they have taken it to a logical extreme, almost to the point of absurdity. The question is not will Aptera be more efficient than a Model 3 because it definitely will be. The question is only, how well will Aptera's manufacturing techniques scale? I don't think this will be a mass market car, or even a high volume car, especially given what GigaMexico is likely to become, but you are a fool to be this dismissive of Aptera knowing as little about them as you do. Example: you didn't even know that the two CEOs are the founders of the original company, which folded due to mismanagemnet after they were forced out. These two waited for certain legal agreements to expire and then went back and bought back their own original IP and relaunched their own company. They are visionary founders, just like Elon. And there are already plenty of Tesla fans not named Warren, who are champing at the bit to have an Aptera as their second car. Your smugness is extremely offputting, and lose the Schadenfreude. You should want all EV makers to succeed except Ford, GM, and Toyota because fuck those guys. You should be rooting for Aptera and sad about Arcimoto and Lightyear.
There is no Schadenfreude here.... It is a "sober" responsible warning to "less sophisticated" amongst us... Go ahead, invest in Aptera, sounds like a "perfect fit" for you... 😂
Elon didn't even found Tesla. He's a typical vulture capitalist. He swoops in on a company does his Elon stuff and then acts like he created everything that is good. Typical rich white boy with daddy's diamond mine money.
Anyone with High School physics can see straight away why an Aptera would be twice as efficient as a Model 3. And this is isn't to take away from Tesla's achievement but the Aptera makes NO compromise on economy whearas the Model 3 is designed to resemble a high end executive compact car. The 3 makes much more sense than a 3series but most people can 't afford a BMW or a Tesla and they'll want an Aptera.
1:35 "This is why the government should stay out of private industry"....meanwhile you're a total Tesla fan, and that company would have failed several times over without all the CARB credits, grants, and EV tax breaks that preferentially supported Tesla. Not to mention the stuff they did just to fulfil the grants, and then never did again, like hot swappable batteries.
Your menu logic and how it lists the "Invest" and "Accelerate" options first is very skewed and I would say you're being disingenuous . When someone goes into their website the first thing they see is not the menu. Heck the menu is somewhat hard to notice especially if you're not looking for it (it doesn't even pop up). The first thing we greeted with on their website is the background video of the car and "Reserve" in bright green. This is what stands out first to anyone who visits their website. So to me it looks like first and foremost, they are pushing their product. Of course there's a big chance that it will fail, it's a start up after all and no one is denying that but there's no need to show something out of context just to prove your narrative.
Aptera got advice from Sandy Monroe. They are probably going to succeed by knowing their limitations and fixing them early on. They are using the Tesla plug for charging. They have a chance for success. If you want to invest for something guaranteed invest in an index fund but if you want to take a gamble on a good future? Aptera might be worth the bet. Probably better odds than betting on the NBA finals winner in March.
@@bob15479 All these investment gurus you've seen the recent decade have all surfed on a big bull market, they have given a twisted picture of how it actually is; it is in fact very much gambling when it's a bear market. The reality is that you can never be certain enough to put in money you're not ready to lose; especially with startups. All you can do is look at the company and estimate their chances based on the evidence, but the problem with startups in this field is that even if they are doing everything right like Aptera is doing, there's still a big risk of them not going all the way.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
No, because Tesla had enough own money to pay for development and production of their first roadster model. And at that time it was the first modern BEV.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
@@Dularr maybe, but it's hard to raise 100 million cash in a car company, ESPECIALLY as interest rates rise. Car companies make super small margins, so an investor would rather put their money else where than take a HUGE risk with aptera which will be very difficult to make margins at scale. Elon didn't brush off aptera for no reason at the shareholder event. Porotypes are easy, profitable mass production is extremely hard. Let alone competing with the model 3 which seats 5 people and is WAY more safe.
It seems to me like Warren is casting a bunch of doubts about Aptera based on his feelings instead of doing the hard work of calculating the numbers. Just one of these is the claim that an Aptera can generate enough power to go up to 40 miles on solar and says he doubts it can. It would have been good to at least figure out how much power the solar would generate, factor in some loss for conversion and storage, and then actually see how far that would take you down the highway. It's really not that hard.
Here is the truth about the solar. They said the Alpha's had it, and they had fake cells that could not take the silly trikes an inch. They didn't bother putting any on the Beta, then they claimed at the Gamma reveal that it was the first with working solar. This was after AOC had revealed Alpha's were fake. Had that not happened, they would have maintained the lies. So Gamma had the bare minimum solar, and never revealed how far it ever went on it. Next they put more on the hood, and still didn't say how far it could go. Then it got shipped overseas and quickly the hood solar was removed, indicating it was useless, anyhow. After months of sitting in the sun, and with a claimed 400 mile battery range to boot, it was shown charging up at St Moritz. I could only estimate the total drive to have been under two miles in all those months, and that day would have been about half a mile in the carpark and on the frozen pond, which the sun would have replenished, had it worked. You are being sold snake oil.
@Johannes Dolch Actually Tesla is not their competition. A potential Aptera customer is very different. Looks don't matter to an Aptera customer. Solar independence is big. Tesla is not interested in solar. Aptera people may be more penny wise...while Tesla people are wealthier and money isn't high on their list. And on and on...
They are also using A.I. to streamline the manufacturing process, it runs thousands of permutations a day to find flaws, potentials for accidents, etc. There are a couple videos up for it on their site.
@@johannesdolch They don't need their use of AI to 'beat Tesla', they just need it to improve the product and productivity. And I agree that the term AI is used to much, but it is machine learning and it is making its mark across multiple industries.
@@artsmith103 They have 42,000 pre-orders. That's upward of $1.2 billion dollars worth of viable business. Their problem is getting startup money to launch into production. Once they start delivering vehicles, they won't be able to keep up with demand.
@@apterachallenge I understand the enthusiasm for that but it's kind of baseless. Any company can promise to deliver anything to 1,000s of people for some price. But that doesn't mean they can. There's a lot of evidence there won't be any deliveries. It looks like conservative estimate of 18 months for hopeful delivery but there is no plan to survive that time. The car is already not competitive and that will get worse.
@@Airman749 Same problem Tesla has, just on a different scale. It's a good problem to have though. Too little demand, now THAT actually WOULD be a problem.
Warren, I often agree with you, but not this time. Although a two Tesla buyer, and EQS owner, I’m also an Aptera reservation holder and investor. This is my vehicle for 90% of travel, about 40 miles or less. I’m not counting on the solar and will simply charge at home. Hopefully they can produce the 1000 mi version, but will accept the 600 if it arrives sooner.
The 1000 is last off the production line. I changed my order from that model to the 600 when I saw the roadmap - plus 600 is more than enough for even the longest leg I could bear on a long roadtrip, even with cold weather range loss it will be fine for my use. Daily commuting is nice, but I look forward to getting the camping kit and taking my Aptera on long-range trips. No gas, even without "supercharging" the Aptera will add miles to the battery very rapidly with its efficience, and no longer having to pay $100 every 6-8 weeks for an oil change are all anticipated benefits.
@@EdwardBartel Ed, I agree with you 100%. I'll switch to the 600 mi model when it is introduced before the 1000 mi. My thinking was they would produce the highest profit, longest range model earlier than others. We may find the 1000 mi is too heavy or compromises interior room, making it less desirable.
@@johnpoldo8817 I don't think there will be any compromises on interior room in a way that matters. The smaller batteries are integrated in the traditional skateboard along the floor of the vehicle, while the 1000 adds a battery pack that tilts up from the back of the skateboard behind the seats.
I'm wondering if Aptera might appeal to some motorcycle/trike riders. Quite a few of these cost as much or more than an Aptera, are more dangerous and get worse gas mileage than many cars. I won't mention noise. No matter how you slice it fuel costs for an Aptera will be very inexpensive. IMO the solar function is probably not worth the cost for many people as electricity is so cheap.
@@billman5379 Yikes, my rate is 9.5 cents per kWh (mid Minnesota) and with a dedicated EV charger it's 6.6 cents from 8pm to 8am. The electric company wants people to install chargers and charge at night to use the electricity that otherwise would be siphoned off and wasted. They even pay for much of the charger and installation. Wonder why there's such a massive difference in cost?
Every motorcycle I've owned that got under 40mpg was driven by a complete lunatic 🤣. If a more budget conscious personality rode the speed limit they were almost all at least as cheap at the pump as a prius
Dude! First of all -STARTUP- so…no kidding this a high risk investment. Your commentary on their 2022 prospectus reeks of “have you EVER read a prospectus before!?” “Have you ever read a prospectus for a pre-production startup company before!!?” Clearly Aptera isn’t an on-going concern. Is this a retirement grade investment? No. Bottom line take some time, do some homework, all of your questions and “concerns” are addressed in publicly available content. Why you’re rendering an opinion without being better informed is beyond me. Honestly you’re stepping out here prematurely. Dig deeper.
People will obviously drive their Aptera more than 40 miles sometimes, but we don't drive our car every day and many days less than 40 miles, so in those cases "solar" range will be added for free. Just don't park it in your garage or under shade. Aptera's main attribute is substantially reduced aero drag and rolling resistance on top of its lower weight and solar energy boost.
I'm living in my self built solar/geothermal all electric home. 3400sqft heated and cooled at all times. Have had zero bills going on 6 years. I didn't build it because I'm a tree hugger. Living in Wisconsin I kinda like global warming. I built it because it will allow me to think about retiring some day with zero bills to worry about. Aptera would also add to the zero bills to worry about. Also would give me a backup battery for the house. That would run my entire house for 10 days without any solar. 600mile/60kw. Bonus. All start-ups are risky. I don't have the money to invest right now. Have 2 more years to pay off the build loan. I told my brother to invest in tesla when they were going to go public. He didn't. He would have been rich right now. I think Aptera is going in the right direction right now. But nothing is guaranteed.
Warren, you know little about the Aptera progress or design. It shows in your comments.. You aren't up to speed They can't get revenue until they have volume manufacture lines set up.. That is why they want investment now..$150 million. We shall see hopefully they will get this investment based on over 40k reservations. Engineering is well thought out and tested.
The fact that he opens telling us that he was mistaken when he called Lucid Motors a scam (prematurely working off incomplete information) tells us everything we need to know about this man. He is willfully ignorant, and has no problem calling a company doomed without doing any real research into Aptera, beyond looking for small marketing points that don't make sense to him. All of the issues that he has with Aptera focusing on investments now, and being risky, are common to ALL startup businesses! Ironically, he is probably doing more to promote Aptera than to shoot it down, because as people research for themselves the facts will show if the Aptera is a good fit for them or not. Also, looking into it this guy is trying to build and sell a single seat "robotaxi" EV, which is probably the reason why he wants so hard to discredit Aptera.
I agree it’s a big risk, but if they can find one person with deep pockets, it will go forward as the steel dies have been cut, now imagine a go to work car that doesn’t need gas or charging. That’s what Aptera is talking about. If we don’t stop polluting, there won’t be any humans on earth in 75 years
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
You begin by casting shade. You question Aptera's range estimates without evidence. You say "I'm not toing to say fraud" while you say fraud. You then cast shade on their investors. Do you have any evidence, any at all, to present?
I love you brother but I disabuse you good sir. You really didn't do your homework. We all make mistakes but I hope you can come out with a correction video soon.
If he does his homework, he is only going to have a lot more reasons to say it will fail. I have plenty of videos where you can tell me where I have got it wrong - knock yourself out.
Warren, the more you speak the more naive you sound. Having built and sold a few businesses myself I found it amusing that you took the risk statements as admissions of guilt. 😂
Everybody said Tesla would fail also. You offer an opinion that nobody wants to buy this vehicle. People are sick of new car prices averaging $47,000. (blue book). People are sick of internal combustion maintenance and high gas prices. People are sick of high dealer maintenance costs.. Aptera offers repair freedom on their vehicles. They give mechanics the right to fix Apteras, which if i understand correctly is not rocket science. Just try to find someone to fix your Tesla besides a dealer. I don't know enough to know if you are right or wrong. PS, It is illegal to fix your own John Deer Tractor.
I had to play your video at 1.5x speed and I still felt it was too long for the content that was provided. With regards to the comments on investing, sure, I could agree. I put in a reservation; personally, that is as far as I will go until the vehicles are able to be purchased. Raising money is a real issue for new companies, especially now, and especially in the automotive industry. As for prototypes, they already have them - a quick RUclips check would have confirmed that to anyone. But it was decided to focus on the specifics of some financial documents, which I think is disingenuous. The commentary on 3D printing and additive manufacturing is being provided from a position of ignorance.
Warren and other posters miss several points. Being a three wheel car, it is classed as an autocycle. With a carbon composite tub, seat belts, and air bags it is likely one of the safest around. It also includes a fully enclosed cabin. Regulations are different for autocycles, so comparing the Aptera to a Model 3 doesn't make sense. The two vehicles appeal to totally different buyers. It is easier to compare to a Polaris Slighshot, thousands of which have been sold. It will absolutely not ever be as, "safe" as a four wheel car. As someone else pointed out, the offering circular is designed to scare people, and usually offerings of this type are only open to accredited investors. People investing in this type of offering are prepared to loose their entire investment and only invest as much as they can loose. Even with an 800 mile range, it will still beat a Tesla, or any EV, on a road trip from L.A. to Portland because it will only have to charge once or not have to charge at all with the 1,000 mile range.
BTW, you are TOTALLY Wrong in this video. Spending all that time trying to say the Apteras will fail BECAUSE the average person will SOMETIMES go over 30 miles a day "OH geez- you'll run out of solar charge.!" Yeah, so ??? the average APTERA will also go HUNDERDS of miles on a charge and more than ALL OTHER Electric cars out there! Why not highlight THAT in your video. Here is another stupidity- "Why doesn't Aptera's rely on "production" instead of investment for revenue"? I almost spilled by beer on that one! Geez, Mr. Lightbulb- "please tell this investor- how THAT works." Another turd in your pile-on of "reasons"- Investors are mostly simple minded unsophisticated folks of smaller means. Well we became multi-millionaires in selling metal-working production machinery, and CNC equipment in the LAST Century.. and have 3 Apteras on pre-order. PS (also own10 motorcycles. 34 forklifts, construction machinery, 12 wheel Peterbilt, 2 cranes and five houses... ) Your focus is cynical. hopeless, and retrograde. Step DOWN off your soap-box!!!
In the first 5 minutes, this man states that he has not studied the Apterra science or listened to the scientist and engineers who created the apterra based on aerodynamics with a mission to transform the transportation industry that actually lives in harmony with nature. I wouldn't waste any more time to continue watching this opinion based video.
The aptera absolutely will not fail, and will most likely be one of the most popular vehicles on the road in the next 10 years and over the next 50 years, absolutely, will replace most others
Technologically a very poor analysis: with an efficiency of 100 Wh/km, a solar power of 500 W gives you a realistic range of 20 km/day, which is huge. Aptera is so efficient, that HVAC compete with the drivetrain in terms of needed energy.
Almost every startup sec offering page discloses “ going concern” auditor report. This is THE nature of startups and all start ups are inherently risky. Please don’t get me wrong.. Aptera is still very risky and their success is contingent on funding efforts. Since the SEC offering page they have pivoted their manufacturing process towards more leaner and efficient way which is easily available all over the internet to research but Warren cherry picked the information may be in rush to put a video or decided be relevant with topics in buzz ( like any RUclipsr ) or felt this is competition to his dream pod car.. 🤷♂️
I read about the Aptera in early 2000s in a popular science magazine. I'm happy they have not given up. They have struggled for 20 years to make this happen. I hope they can pull it off this time.....
Your really working from a poor organization of the progression of the company documents. But I agree with most of your points towards its investment quality. I think the crowd funding people are mostly well aware of the risks but want this to see the light of day. They made 3 alpha prototypes that they used to help with bringing the design to the test track and then the road. Leno drove the second alpha using the Sol color design that did get on his show. They then made 3 that were beta test vehicles to test a new front end and rear suspension. This led to the gamma vehicle [released last September at Fully Charged in San Diego] which IMO was intended to be the production intent design when they first brought it back from the dead and got way more orders than they thought they would get. That was using the process you were reading about. They were thinking 2-3000 a year and they had orders that just kept coming to where they are now over 40,000. That led to the announcement of CPC Group in Italy as a partnership with them making the bodies by a new process in late November. The process will allow for them to make 20,000 per year to start. So as it stands right now there is only CG renderings of what is hoped will be the production intent vehicle. The steel for the molds has arrived at the factory in Modena and molds are being cut. The grant needs matching funds which the accelerator is helping to provide matching funds. It is actually two grants; one for solar panel manufacturing and one for manufacturing tooling for the assembly plant. They will also be making their own battery packs. They should also be filing for a government loan for production that they have done all the preliminary work.
@@daveinwla6360 The vehicle will be assembled in the US. San Diego for now, where they will make battery packs and solar panels. If they get to production and demand grows then CPC and Elaphe plan to open production facilities in the US. Wheels with tires will be put on here as well as electrical components, monitors, seats, steering wheel and system, trim and HVAC.
If the price is 25k in the US then the minimum price in Indonesia will be 50k due to taxes .... i truly hope they make it, they will sell a lot in Asia , thats for sure
There is nothing 'normal' about Aptera. Brutally engineered and so aerodynamic that side winds will make other vehicles fly. A small company run and managed by those who understand how it all works sounds like they have a great vision and they are really bringing this to the market. The available technology now allows it to be produced and sold to everyone. We need this vehicle and others like it to fill the gap. It is my belief that they will succeed and when they do what will you be driving?
Nearly crystal clear solar collectors of 30 percent efficiency are not that far into the future. Real information and a caution to any potential investors.
But it's 1/3 the energy use of a tesla, so 50kw charging is equivalent to 150kw charging. I'm definitely interested in a $40 solar car that can go 600miles with all wheel drive
Does he really not know what a startup is? Most of what he's talking about applied to Tesla once upon a time (not terribly long ago, actually), not to mention EVERY OTHER STARTUP since ALWAYS. It took Tesla 17 years to turn a profit when it announced that 2020 was the first full year of profitability in the company's history. I'm not saying Aptera will be the next Tesla (it almost certainly won't), but to say the company is doomed to failure after a cursory glance at their website and an investment circular is asinine.
The answer to his objection of the average driver makes occasional drives longer than 30-miles is is my earlier comment. Yes I drive an Impala or an Outback 52-miles a day from Norco to Garden Grove, CA. I wish I had something like an Aptera.
My reservation is in and #15,023. I love they are using the Tesla charger connector. I hope they make it and rooting for them! As a Tesla owner and all in investor and AFTER looking into the actual vehicle I hope Elon buys them! It would have a HUGE popularity in many other countries like in South America. I also believe Elon could add so much to it and also bring down the costs!
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
3:27 they meant for work commute. Not long trips. So if you one of those people that needs to be doing long trips, then Aptera may not be for you. But also, you can still plug in to charge… it’s not just a solar vehicle.
You seem to be very uninformed concerning a lots of details about Aptera. I would suggest you look into the subject matter and educate yourself before putting out a video like this just based on your "feelings" and uninformed opinions. You admittedly have not seen a single video with the owners and still gurgle your thoughts about them being intentionally dishonest about some numbers? For me, this kind of questioning their integrity seems to be a sign of lacking integrity yourself. If you had taken the effort (which you should have!) to look at some of the videos explaining their thoughts about their vision of the company and the engineering details of the product, as well as how they came to those numbers, you would have understood thinks better and saw the genuine intentions and authenticity of the founders. At least this is the way they look to me. Concerning AI and the drag coefficient: using AI does not mean to have developed an AI yourself. They show in a video that they used a computer simulation program to find the optimal shape of the vehicle. This program seemed to iterate on the possibilities in itself in order to do so, i.e. it was applying a kind of AI method to help the engineering team. They surely did not develop this software (which they never stated) but they used it. Concerning the financing strategy Aptera looks to be very authentic to me, too. They want this project to be as much grassroots as possible. They will also allow the owners to repair their vehicles themselves. They have a whole different philosophy - a very likeable one. Being in need of investment in order to start production is not a sign of weakness. It is just the nature of things for every company - especially in the auto industry. I marvel the engeneering beauty of this vehicle and the integrity, transparency and overall approach of the founders behind it. I hope and think they will be successful starting production. With Sandy Munro on board, I guess it will work out well and be high quality and scalable. Aptera might become an iconic vehicle like the Beetle changing the appearance of the roads for good and the world for the better. There are many who will buy into this vision, me too. And just on the side note: in times of the Great Reset with artifical energy scarcity and ever rising electricity costs and with potential climate lockdowns, 15 minute cities, personalized CO2 budgets and restricted movement radius by controlling your ability to pay for those kWh-s with your CBDC, a solar EV might also mean freedom of movement, which is a fundamental part of freedom altogether. In the next years this aspect might get much more appreciation - for at the socio-political level not everything which is considered to be a given today might remain the same in the future.
That's a lot of rubbish. I have many videos that say why the silly trike can't and doesn't work to which not even Aptera staff have been able to refute. You have swallowed the whole bottle of snake oil. I welcome you refuting anything I have said in my videos, and am certain you will fail.
@@aussieideasman8498 I don't know you and your videos. Your message is also not a nice invitation to get to know them. I reacted to this video here and I didn't see you refuting anything I wrote either. Tell me first why I am wrong concerning the points I make here. Then we can move along to some other videos of yours.
@@LaszloPappBerlin "I don't know you and your videos." That puts you in a similar situation as Warren, but I won't accuse you. "Your message is also not a nice invitation to get to know them." I am rarely nice; more direct. "I reacted to this video here and I didn't see you refuting anything I wrote either. Tell me first why I am wrong concerning the points I make here. Then we can move along to some other videos of yours." Okay - your points to Warren evaluated - whether good or bad: "You seem to be very uninformed concerning a lots of details about Aptera." I agree, but I don't 'seem' - I know. "I would suggest you look into the subject matter and educate yourself before putting out a video like this just based on your "feelings" and uninformed opinions." So do I; I'm with you on that one, but with the caveat that putting out this video was fine, because it was only on the documents he read. "You admittedly have not seen a single video with the owners and still gurgle your thoughts about them being intentionally dishonest about some numbers?" The numbers spoke for themselves. Find me one where knowing what AM had said would change anything? Then find me five more? "For me, this kind of questioning their integrity seems to be a sign of lacking integrity yourself." I disagree. "If you had taken the effort (which you should have!) to look at some of the videos explaining their thoughts about their vision of the company and the engineering details of the product, as well as how they came to those numbers, you would have understood thinks better and saw the genuine intentions and authenticity of the founders. At least this is the way they look to me." Your perspective is at odds with mine, here; it's listening to those liars that has brought me to have an opposing viewpoint to yours. "Concerning AI and the drag coefficient: using AI does not mean to have developed an AI yourself." I am not convinced in any AI being used, but the drag should be wind tunnel tested; it's the right way to go about it. I'm not sure what Warren said on the matter by now. "They show in a video that they used a computer simulation program to find the optimal shape of the vehicle." Simulations are not AI, but the lie here is that the general shape was penned in the early 70s by a Professor Morelli in Italy, and they only acknowledge that when they are caught with their pants down. Most of the time they take the credit. This is one topic where you lack the research. "This program seemed to iterate on the possibilities in itself in order to do so, i.e. it was applying a kind of AI method to help the engineering team." Don't 'seem' so much. A fact about this topic is they claimed the Alpha had the optimum shape for the lowest drag coefficient, then when the public complained about a tight cabin they designed the larger Gamma. The lie here is that the computer made a bigger EV get the same drag coefficient. If that was true, it should have had that bigger EV as the first design. "They surely did not develop this software (which they never stated) but they used it." This point is moot. "Concerning the financing strategy Aptera looks to be very authentic to me, too." Not to me; I think they discovered new crowdfunding laws were amenable to collecting and keeping cash. It's just a hunch. "They want this project to be as much grassroots as possible." Also irrelevant. "They will also allow the owners to repair their vehicles themselves." I regard that as dangerous, and a snake oil selling point that hints at not wanting to ever produce. "They have a whole different philosophy - a very likeable one." Appealing to tree huggers, but not to realistic people. "Being in need of investment in order to start production is not a sign of weakness." They have many signs of weakness, but I don't believe Warren said that, specifically. "It is just the nature of things for every company - especially in the auto industry." But it is not done in the natural way. "I marvel the engeneering beauty of this vehicle and the integrity, transparency and overall approach of the founders behind it." Warren didn't even go there. As for me, I see it as pie-in-the-sky. None of the engineering has been proven. You will discover my concerns in my own videos. "I hope and think they will be successful starting production." You have hung on for a total of 9 years. "With Sandy Munro on board, I guess it will work out well and be high quality and scalable." Guessing is much like seeming. Warren did far less of it. "Aptera might become an iconic vehicle like the Beetle changing the appearance of the roads for good and the world for the better." Might not, as well. It's the nature of 'might'. "There are many who will buy into this vision, me too." Many got on board the Titanic - just another moot statement from you. "And just on the side note: in times of the Great Reset with artifical energy scarcity and ever rising electricity costs and with potential climate lockdowns, 15 minute cities, personalized CO2 budgets and restricted movement radius by controlling your ability to pay for those kWh-s with your CBDC, a solar EV might also mean freedom of movement, which is a fundamental part of freedom altogether." A pair of Nike's can do that, too. "In the next years this aspect might get much more appreciation - for at the socio-political level not everything which is considered to be a given today might remain the same in the future." Might not, too.
@@aussieideasman8498 thanks for your detailed reply. I respect you coming to a different conclusion, but based on what I saw my impressions about the integrity of the founders and the authenticity of their funding efforts remains the same. Sandy Munros involvement in the design of the vehicle and its production line makes the might or might not question about the feasibility and scalability much better than in a 50-50 szenario. And just one more random picked reaction to your message. My statements had nothing to do with tree hugging menthality. I like trees but I also like driving my Tesla M3. Your statement about a pair of Nike as an alternative to automobile however is the exact punchline of the tree hugging green ideology aiming to restrict freedom of movement and to keep people in open air prisons - also referred to as 15 minutes cities.
@@aussieideasman8498 just one more reaction. My not knowing you does not put me into the same category as Warren put himself with his video concerning his integrity. Why? Because I didn't post any videos about you and your videos possibly being dishonest and I did not question your integrity without knowing you and your posts. Warren did exactly that and I still find this kind of conduct to be a sign of questionable moral standards. If you accuse someone of being dishonest you should at least try to do your best to get to know the persons and assess their intentions. He definitely failed to do that.
Listened into 11 minutes and there's not even an attempt to say why the business model doesn't work. Just complaint that a startup is trying to raise funds.
Its going to fail because you need to charge on a 1000 mile drive? That doesn't make sense. I have a car with 250 miles of range and I still do road trips, I love my car. If they get 500 miles of range, that opens it up to tons of people. And 30 miles a day chaeing slowly tops the car up for the long road trips, they don't mean that most americans never go on trips over 30 miles. And at 10mi/kwhr, 12 amp nornal outlet car charging is 14 miles per hour, and about 150 miles charged in a night on a normal outlet, thats wild, you wouldn't need to install special charging equipment
The harping on the 30 miles, never having to charge bit is ridiculous. Obviously they are not saying if you driving more then 30 miles on a trip you'll have to charge. Come on. Aptnera is using the Tesla nas charging port so you can use the charging network
They have multiple prototypes. I'm not sure of the context of what Warren was reading, but Aptera started with 3 "Alpha" prototypes going into last Summer. They then moved on to 6-10 "Beta" prototypes that were used for various systems testing. And now they are touring the world on investor showcases with the Gamma prototype.
@@EdwardBartel They promised to make 6 to 12 Beta's but made just one that drove. Sure, there were about two shells and six front suspensions, but show me a second Beta that drove? Then there's the fact that the only Beta tested suspension and brakes for a few hours, and nothing else. Snake oil taste good?
What happens when the Aptera collides with an F-150? Jerks driving the F-150 are all alive. All the hippies in the Aptera are dead. Do your kids and wife a favor and don't buy this for your daily car. Camping yes. Freeway NO!
Even though Aptera is niche, it has to be one of the most sustainable & efficient electrics out there. I saw it years ago and was immediately drawn to its obvious aerodynamic shape. Yes, it's not for everybody, however there should be a place for it for those who do not need a Tesla. I'm surprised that you would not be hopeful of their success.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
‘This company survives by getting people to invest in the company’ It’s a problematic as a negative. In a way all companies do this but the same could be said for Rivian, Lucid and several others. They are existing on soft money until their numbers get up. People are saying Rivian spends 160k on every RS. Selling at a loss.
Aptera's "biggest problem" is $$$ cash $$$ and their ability to convince big money investors to part with it. It appears to always have been it's problem, going back to the original run. Why? Because regardless of how you think the vehicle looks, performs, whatever it's efficiency is, it's a niche' product. That means savvy investors know something important: The vehicle is not for the masses and therefore it doesn't have the TAM required to make it worth investing in. It's purpose design is for commuting (one of the reasons I find it appealing honestly...I guess I'm niche') and is not practical beyond that. This is why investors who have money are not parting with it. There is no broad market for this product. I am all in on Aptera as a concept, but I have not one red cent invested in it. I don't have a great feel for the co-CEO's who where originally involved in the first go round. They are always literally begging for cash, raising cash or looking for cash via subsidy or grant. This means they are scraping by in a time when they need to make capital investment to start production. What is the profit margin of the first run of vehicles? This is being behind the cash 8-ball before vehicle number one comes off the line. The concept itself is inspiring. Low weight, high efficiency, solar charging commuter. Can they deliver on the claims? TBD honestly. They have made many claims about range, efficiency and charging via solar (solar on a car has not been proven by anyone) but again, the data will be judge in the end. Do I think they can deliver on 400 miles and 10 mi/kwh on a 40 kwh pack? Maybe...but that's a tall efficiency standard. I agree. I wouldn't invest until they can show they can deliver a product (this time) and make it so they can actually make more of their "biggest problem". For full transparency, I am a reservation holder. Yes, 100 bucks ($75 actually for me during the initial run up of order taking) is a very low order of commitment. I am a fence sitter...should I get the call to purchase I would need detailed specs.
If they get the ATVM loan they will get to production otherwise its a coin flip - on one hand 42k reservation holders and fairly far along, on the other the capital markets are a trainwreck. I'm betting on Aptera but am well aware EV startups have a tough road. Being put at an artificial $7500 (tax credit) disadvantage because the government wants to help the transition to efficient transportation is complete BS.
@Oops1e also. If Aptera made one prototype that was independently tested and shown to do all the great things they claim, it would get all the investment money it needs. Venture capitalists would be clamouring over each other to get the biggest slice of the action. The reason they are not going down that path is because they know they can't build that prototype - all they can build are fakes, and have to find suckers. Wake up to reality.
This critique needs to be updated. I watched a recent video with a walk-through with a client/investor and a RUclipsr/journalist of their manufacturing facility. Also, Jay Leno took one for a test-drive in a different video.
Aptera failed in 2021 and has simply been burning through cash they raised for the last two years. Remember they have not even filed their 2022 financials, it took them to May of 2022 to file 2021 numbers. They simply are too late with a far too expensive three wheel vehicle that relies on a gimmick. Putting solar on your home would benefit the world far better than paying more to put it on a limited use vehicle like an Aptera. Aptera fans fail to understand that the price on the website is out of date and they have already hinted that costs are twenty percent or more higher than when those prices were suggested. They will not tell you what the price will be even though they have ideas of how high it will be. Ask them ASK CHRIS.
If Aptera can make it to mass production, I strongly believe they will succeed this time. Unless a 2008 level recession occurs right when they are finally able to sell them. However, I think they need to launch an IPO. Atlis motors stock soared over $150 on launch day. If they pumped and then shorted or bought puts, they would have created millions out of thin air. The only production EV I'm aware of that has hub motors at the wheels is Lordstown Motor's ($RIDE $0.27) truck. At least, I'm guessing it's in production as I've never seen one on the road. Canoo ($GOEV $0.67) is also another ev manufacturer that hopefully makes it. Based on Atlis Motors and Canoo, if Aptera had an IPO right now, I believe it would trade below $1 a share after the IPO magic faded. However, all of those executives that own all those shares at .01 a share could cash out at the top and then short all the way back down. Or see if Cathie Wood can say something positive about them to turn Aptera into the next GME. Finally, who will buy the Aptera? People who have another vehicle and want to commute to work for low cost. People who don't want to pay for an electric car charger, or live in an apartment and can't get the landlord to install one. Aptera can charge from a regular 110 outlet sufficient for most overnight. Those who want to drive cross country in an EV. Nobody else offering 1000 miles range. People who want to do their own maintenance. I don't think people want a one seater EV unless its fast. Look at the Electro Mechanica Solo.
@@WarrenRedlichWhy would anyone respect your opinion if you don't make a credible argument. Try again, and do the research on ALL your points, not just what you're familiar with.
@@WarrenRedlich Yes they are. All of the body tooling has been completed and every one has produced validated parts for the PI build that has started. These 16 vehicles still have to go through a validation process before mass production and vehicle delivery starts at the end of next year or early 2025.
Making these comments without doing ANY research on the company is ridiculous! Aptera has a huge following and is making lots of news. This guy is nothing more than a troll making controversial comments for clicks.
What you are discribing is not unusual for any start up company. The risk are high. Usually venture capital is used in stages. Nine in ten start-ups fail. I don't have a problem with how they are attempting to fund the cash flow and cash burn. You talk of the possibility of failure, but you too often stated that you really didn't know but this is hard or seems impossible. Also, most start-ups don't turn a profit for several years after production so I wouldn't expect them to be profitable for a while. The risk that early investors or venture capitalist take. If the company does take off, a lot of people will be wealthy. I am writing this several month after this video, but they now have a preproduction model being driven by media people. Would I invest? Not until I see a statement of financial position and projections. I ran a break-even analysis based on the expense figure you stated with $25,000 per unit (not $35,000) was only about 30,000 units assuming a 20% profit margin at the gross level, far less than them 600,000 number for 2023. They may not breakeven for several years, so I would want to know the IRR or the payback period they calculate.
@@WarrenRedlich You are really out of it! Aptera Inc. was not the same company as Aptera Corp, which was started in 2019, and with an entirely different corporate structure and product. It is no wonder you are so confused. Do a little due diligence. You probably also don't know that after Chris and Steve left Aptera Corp in 2009, they both started and ran successful companies. Chris took a company public as co-founder and CEO and it is rated a strong buy by every analyst following it.
Ten months later and they are still not out of business. The company is no different that any other large-scale start up. Getting additional rounds of investment always dilutes shareholders. There are lots of risk but the upside can be rather large. Your comments on "to charge or not to charge" is totally irrelevant to the success or failure of the business model. As you know there are prototypes out now so you can take that off of your list. Now, will they actually get to production? That is still a high risk and your average "Joe" should stay away from this. Is the business model valid, I think so, and the reason is that there is a lot of money out there and folks always like to buy new stuff. The cost of the vehicle when compared to others is a factor but not very important. They should be able to make a profit at 60,000 units. Think Lotus.
While Tesla designs a style sometimes different or as a departure from what people are used to seeing (i.e. Cybertruck or no grille), they are still careful to leave in at least some 'cool factor'. Even Tesla's designs may not appeal to everybody, but they still try and make sure they will appeal to many, and that matters. Nothing will scale in a market if people don't find it appealing. I think the designers at Aptera failed to honestly ask themselves one simple question: "Will a significant market share of customers like this style?" A small percentage niche market does no good for scale or growth. I believe the same problem occurred in the startup Lit Motors for their C1 gyro balanced electric motorcycle prototype. It was good in specs and had some cool technical attributes, but did they ask themselves if it would be only appealing to women in a dress with a few bags of groceries? I think not. They needed to assure their design was something typical motorcycle riders would still like, instead of abandoning obvious notions altogether. They designed their motorcycle with a very submissive and non-rugged appearance, and I believe that's part of why they're still not producing many (if any) today. Aerodynamics and appeal need to be balanced, and Tesla is smart enough to realize this. If the Tesla Model 3 had the body of an Aptera, I would never buy it regardless of range or performance - because I don't want to be seen driving something that looks like it's either a new species of lobster, something that was just extruded, or something that would only fit in a scene under the ocean in a "Little Mermaid" movie - I don't care even if it flies, it still ain't happening. These are some factors I think could cause Aptera to fail, because they haven't honestly considered their wider target market.
You may well be right. I, on the other hand, have spent 2000 hours underwater and LOVE that the Aptera looks like a fish. Without spending a dime on ads, 40K others like it enough to plunk down a C-note. Time will tell...
@@billman5379 I'm sure there will be a 'niche' market of those who will relate. I can also see how life experiences do form a 'lense' that would shape one's perspective, as in your case. But, if they offered say, alternate body styles or just a more generic one, I think their success would be greater. Yet their problems too I think, are exotic construction methods that make it costly to even produce let alone offering varying body styles. I think they've cornered themselves with a style that has costly production methods for the sake of optimal reduced weight and ultra efficient aerodynamics for range. But if you sacrifice 70 percent of wide appeal for 10 percent better efficiency, I think at scale you lose more market than you gain. I do think it would look naturally suitable under water.
@@anthonydaxis1209 many people wouldn't drive an "ugly" Prius either, although I know at least 2 who changed their mind when gas went back up. Most people I've shown it to think it's cool, and many who think it's weird when I tell them it starts at half the price of a Tesla and uses between 1/2 to 1/3 of the energy of the most efficient Tesla's. I fully expect the looks to be polarizing especially at first, but it's the 2 seats that people seem more concerned about or cargo room. Considering full-sized bikes and 7" surfboards should fit it works for me. I might have to keep the truck for home Depot runs that don't fit into most cars anyways
@@squidbeard492 the aesthetics argument might have some basis, but there have been many "ugly" vehicles that were able to sell in decent volume - your "Prius" example, the Hummer H2 was an overpriced brick on wheels, the Avalanche, the PT Cruiser, the SSR, even the Cybertruck that is beloved of the Tesla fanboys on this thread (though the last one is based on orders, not sales, of course).
@@squidbeard492 Yes, but the Prius still looks relatively a lot like a car in comparison to the Aptera (except to those who remember the reference about the Prius on the Shallow Hal movie). The Aptera is a much greater difference than what people are used to, and it basically has no rear end. There's a lot to say about it but the Prius also has style problems of its own. Tesla has sold more Model 3 and Y's over the past 5 years, than Toyota has sold of the Prius over the past 22 years. As for the truck, very wise decision to always keep a sweat and work vehicle handy.
This is a message to any aspiring RUclipsrs or reporters: Do actual in-depth research on the topic of your content. Please. This man is an embarrassment, and you shouldn't be like him. Edit: I checked the date, thinking this was just an outdated video, and this is RECENT. This is worse than I thought, so let me dispute some of the main points for my own sake. The technology in the vehicle is supposedly top-notch. I'm not going to talk about this much, but the design is incredibly efficient, many times more aerodynamic than a prius or tesla, much lighter than any other EV; more efficient. Everything from the frame to the motors to the cupholders has been designed with weight and efficiency in mind, and because of that fact alone I believe the claims of 1000 mile range or 10 miles/Kwh are true. Investing is the way businesses get started, especially with new startup EV companies. This man would have said the same thing about Tesla when it first started, and Aptera has a much better chance at succeeding right now than Tesla did back then. Investment is the reason they are able to put money into R&D, which is and should be their main focus right now (or at least a few months ago or more, when I believe this video should have been released.) Solar power is actually possible! It's a commuter car, so if you drive less than 40 miles on average/day and you live in a fairly sunny place, you won't *really* have to really plug it in. It's free driving range, so it's worth the small cost upfront. And keep in mind: EVERYTHING on this car is designed for efficiency. Air conditioning will be very efficient, it doesn't have a massive 18.5 inch touchscreen to power, no huge gaming computer in the dash. Almost all of the power will be used for driving alone. They have working prototypes! There are videos on RUclips of people driving them around, reviewing them, etc. And I believe they do have at least a test manufacturing facility, I've seen photos but I'm not quite sure about that. Warren is kind of contradicting himself, saying "they haven't put out any products," but also not taking R&D into his video. Most of the legal jargon is just legal jargon. I own a business, and I am putting clauses in the documents in case things go wrong, from business failure to arguments and fights between owners/investors/etc. It's better to have clauses that give a rough plan if all else fails than not just in case. "the people who bought early paid... [less than you do]" Yes. That is how businesses and time work, my man. If you get in early and the business grows, you make money, that's how it works. The artificial intelligence argument shows Warren's ignorance... 3D printing can be a viable manufacturing process if utilised correctly, and AI is very important to optimise parts and design. Hub motors are more efficient by design... "They are not making their own motors" That is called outsourcing, way easier to get high-quality and necessary materials for a startup trying to save costs.... Now I'm going to stop watching because at this point this video and this person is wasting my time. Thank you for nothing, Warren. Enjoy my view and engagement, look forward to me never watching another one of your videos.
I have a mechanical engineering background, and when I was in school, I was on our solar Car team. This was way back in 2002. We raced from Chicago Chicago to Los Angeles on route 66. I can confidently say what Atera is claiming about the performance of the vehicle is totally within the realm of possibilities not a pipe dream.
The only thing design wise that concerns me (I’m a Mechanical Engineering also) is the skin cooling system. When the pavement is hot, I’m just not sure how it could work to use the smooth underbelly as a radiator with no fins of any kind.
Of course it's doable in some form. The Gamma is driving around occasionally. The issue is if Aptera company is ethical? They have been very poor at demonstrating that and the video lists alot of issues. For instance, very real possible result being hidden: LE gets 8 mile/kWh, 80% of 42kWh battery range is 270 miles, solar delivers annual avg 2.5 kWh/day=20 miles/day, $40K.
Some fan boys will suck it up but the future is a sinking ship. All investors will lose everything. Not one defining performance spec has ever been demonstrated and no price updates for some 3yrs.
That's not the issue and their claims are probably accurate. It's not in production and in 2023 they are still working on their Gamma prototype promissing production as well as deliveries to customers in 2024.
@@mylesgray3470 My engineering degree focused in heat transfer, fluid mechanics and reactor/process design. I expect after necessary iterations the skin cooling will provide enough cooling. For normal quality roads and parking bumpers, I think the wheel covers are too tight and low. Resolving that will help cooling. I suspect they are struggling to get 10 miles/kWh under full weighted normal conditions and can't afford to back off the covers to improve usability.
@@artsmith103 Well, with enough surface area, and not all of the belly area being close to the ground, it should work. I’m interested to see how they do it, as that would be the first skin radiator on a car. I think your right that the 1000 miles on a charge is something they have latched onto but is likely not actually going to happen. I was planning to get the off-road version of this car for wheel skirt clearance myself but at this point I’ve altered purchased a Tesla Model Y and will likely buy a new Prius instead of the Aptera since that car is really quite nice. Still rooting for them though, and still have a reservation.
In a nutshell, Aptera will fail for all the reasons Tesla did.
Oh wait...
Lol😂 love that! Good one!
Well put but Tesla could have easily failed a dozen times over. They were well financed and VERY lucky. If Aptera gets afforded the same opportunity with the ATVM loan then they are all but certain to make it.
Well then, Aptera is already one up as they have a bankruptcy under their belt and yet came back like the Phoenix they are.
I didn't like Aptera the first time because they were a gas hybrid at that time... They were simply too early. But now, they are going to be awesome.
@@D0li0 hybrids catch on fire over 3.4k times per 100k. Over 2x the ice average. Evs it is 25 per 100k (about 1% as common)
@@ccibinel True Tesla almost failed a couple times, but Aptera has an easier task in front of them. And two experienced motivated technical leaders at the helm. Electric vehicles and crowdfunding are now both main stream … two big advantages for Aptera relative to what Tesla faced. Aptera just needs enough money to prime the pump, and that seems to be happening. 😀
So far the argument that a STARTUP COMPANY is doomed to failure because it's reliant on investors and grants for their operations instead of revenue of the product THAT THEY HAVEN'T RELEASED YET seems pretty dumb just on the face of it.
That is basically the position of every single startup before it's product is released. Are startups risky? Yes of course. Are they all doomed to failure? Obviously not.
"...dive in..."?? 🤣 You barely even scratched the surface and your suspicions are based on old/missing information, but good job reading the boilerplate SEC risk advisements. Looking forward to your follow-up once you figure things out.
Going concern is not boilerplate
@@WarrenRedlich it is a GAAP requirement based upon capital raised and cash burn. If memory serves, when "going concern" rules were updated around 2018 or so, there was a big hoopla that Tesla/PwC SHOULD have filed a going concern disclosure based upon their numbers but skipped past it using some boilerplate language from prior 10-K filings. How far into their evolution was Tesla in 2018 vs where they are today?
you're a total moron. aptera already failed once. Elio failed. tons of other similar companies failed. this new iteration of aptera will fail too. keep hoping and dreaming
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
@@EdwardBartel Musk did have deep pockets at the time from his Paypal sale.
Compare to Tesla - Aptera is in FAR better economic shape that Tesla was after the same time frame, and has been far more open about their work that most companies. As far as "no prototype" - my wife and I have both ridden in an alpha prototype back in November 2021.
Much of what you claim not to know is contained in the SEC reports. Just because you don't know how to do actual due diligence does not mean that Aptera won't be successful.
It is certainly true that Aptera is a risky investment - but certainly not as risky as Tesla was at the same relative point in time.
Aptera has been very open about how AI has been used in developing the vehicle. Aptera is delayed because the vehicle was re-designed once pre-orders exceeded 41,000. The body is now going to be produced by C.P.C. Group of Modena, Italy.
More than 92% of the vehicle parts already have master production contracts in place.
The "put together on the fly" is your opinion, based on a lack of actual due diligence.
Agreed...Warren's research was lacking.
There is a HUGE difference between being new and on a shakey financial footing as virtually the only company planning to make EVs vs trying to break into a market with 100 competitors already in production.
Well said!
APTERA went BANKRUPT in the early 2000's , then sold Patents to Chinese OEM's.
Tesla absolutely needed and got the ATVM loan to make it. Not many would question Aptera's chances if they are given the same opportunity. Government policy works directly against Aptera with a $7500 tax credit disadvantage.
@@ccibinel You just proved our point. All headwinds for Aptera. Unwise to invest on it.
Sandy Munro is an investor. Munro & Associates are involved in the project. I do hope Aptera prevail.
Sandy Munro is a consulting expert in manufacturing processes. He's not a business analyst or an automotive engineer.
And what share price did Munro pay for his stock? What liabilities did Munro & Assocs. incur with their "involvement"?
Yes...he was also on board with Arcimoto...what happened there huh?
Munro also said last year that Aptera, Nikola, and Arcimoto are not dead. We know two of three are pretty much dead.
@@daveinwla6360 If you think he's not an automotive engineer, you got another thing coming.
Dude has more automotive engineering experience than practically everyone else on the planet. Dude is old as dirt, has worked with almost all manufacturers, has worked in many other industries including aerospace, and is basically THE guy other than Elon Musk for making a profitable product at volume be it a medical device or car.
Arcimoto asked him to help them but then didn't listen to his suggestions for production which resulted in a cheaper production process but more expensive product with smaller profit margin. So fail on Arcimoto's part.
@@TecnamTwin - You've just confirmed that Sandy Munro is an expert in production methods, not automotive engineering. He says himself that he started as a production tool designer, not as a designer of automobile systems. IOW, you believe what you want to believe.
You haven’t heard the ceo speak?
How much research have you really done?
It seems like you looked at the website and decided they will fail.
I was a fan of yours Warren but your losing me
He looked at the data, and did not trust the marketing squack. Very good.
He obviously didn't, that's the whole point.
Mr. Redlich should do some more homework
That is the only thing I learned from this video...
And that he said "I didn't look into it" a lot while simultaneously saying things that require you look into the topic...
@@D0li0 And, he also made a LOT Of guesses and assumptions and personal opinions and obviously biased statements that jumped to opinion/conclusion/and "guess"es without taking into account reality, history, or science
Then he would have had more reasons. I notice nobody gives a list of his shortcomings.
@@aussieideasman8498 then you didn't read any of my other replies listing the many very specific errors.
But do go ahead and list some discrete additional reasons he might have given he had done any amount of actual research...
I cant tell if this is intentional lying and spin or if he doesnt actually understand what he's talking about, yet thinks he does. I do know that he reputation is taking a hit with these dumb videos.
I'd never heard of Warren Redlich before seeing Steve's rebuttal appear on the Aptera Owner's Club channel, but it is very apparent Warren did NOT do his homework on Aptera, just relying only on the web site and SEC filing. The Aptera executives have been very open in discussing their progress both in design and development, but also in selection of suppliers and components and how they are creating the manufacturing process.
Having seen all that, I do believe Aptera will succeed. I will be happy to buy one after they reach production status.
What’s the frontal surface area?
Buy one after production starts. Don't invest with 2nd tier stock before production. There are a lot of problems hinting at No deliveries. Just protect yourself from that.
@@WarrenRedlich I don't know the frontal surface area in square inches, but what Aptera talks about is the coefficient of drag. The weird dolphin-like shape of the car, including the rounded front, is designed to reduce drag. They advertise the coefficient of drag to be 0.13. In comparison, the Tesla model 3 is advertised to e 0.23, the Porsche Turbo 911 S is advertised to be 0.33, and the Ford Lightning truck is 0.56.
With NACS, Tesla Supercharging and Open Pilot Aptera is a WIN in my book!
None of that addresses this video at all.
Winning is based on sales (real sales).
Tesla supercharging is useless for an Aptera, as it can only load with 50kW. The 4th generation of superchargers is able to provide 700kW.
@@vic321344 small battery means 400 miles in 40 minutes. My lunch break is ok with that…
@@Jeff-wx3tx So you will block a whole supercharger stall (maybe 2) for at least 40 minutes? Hopefully not. Go to another low level charger. But wait: They have CEE. Too bad.
And even the 50kW charging speed of the Aptera is still a phantasy. I think they did not build an DC charger electronic yet. And did not test it. Thats the reason why they did not want to include it in the first production run.
You have a bad habit of commenting on things you don’t know about. Sandy Monroe has a different opinion of this auto. I trust Sandy and his confidence in the Aptera. You are reading from an old document. Please educate yourself BEFORE you run your mouth.
@@bastian33o2 but on this issue Sandy is wrong.
@@bastian33o2 I like Warren but he has a tendency to just let himself just ramble on about things he has no knowledge of.
Hi Warren, stop shitting on Aptera, if you don’t like the vehicle or the company and you think they are gonna fail, just don’t invest in it, remember Tesla was at same stage more than once during the initial start up phase, what I don’t like is when new company is trying to get form start up to a profitable company, people keep beating them down with their pessimistic mystic ideas, give this company time to achieve their goal.
APTERA is FRAUDULENT .
the Aptera CEO/President & CFO are FRAUDS.
It’s ever over until the fat lady sings.🤣
Heard nothing that doesn't apply to every start-up ever. Was this video sponsored by Exxon? Lol 👎
Claiming unrealistic range from solar charging applies to every startup ever?
@@fredbloggs5902 in my experience, every EV exaggerates range when compared to real world use. Applies to ICE vehicles and claimed mpg as well.
@@rustyshackle917 You claimed ‘every startup ever’.
@@fredbloggs5902 How is "up to 40 miles" unrealistic?
@@billman5379 wooooooosh
I’ve been watching your channel for quite a while, Warren and enjoy your commentary. As an engineer and an electric car driver I have insight into automotive efficiency and Aptera by far is the most efficient.
Yes, bringing a business to fruition, requires other skills, all start ups, lose money, and require investment
. I’m surprised that you can say you haven’t listened to the owners /designers of the Aptera, and can say they’re going to fail with what seems like minimal knowledge.
Most efficient - how do you measure efficiency?
What’s the frontal surface area?
@@WarrenRedlich This is a real issue. Aptera measures efficiency by miles/kWh but they are competing with only 2 seats and 3 wheels against everything much bigger. Without roof racks or a hitch, this little 2-seater gets even smaller. If it's an efficient little people mover it needs to do that cheaper than everyone else but the price is 2x appropriate.
If efficiency is their only achievement, that points towards small battery to leverage that and for shorter range commuter, solar could be economical battery extender vs bigger battery. Marketing this crap car in the 400-1,000 mile range is ridiculous. Another issue is battery charging. They tout big battery for range cudos but also say can charge via 120V. Those don't go together. Max 120V is 20amps = 2kW and that leads to 10kWh battery. If they can deliver 10mi/kWh, maybe at slower more efficient commuter speeds, that puts them in 100 mile range. But if solar adds 30 miles/day then the car could go 50miles/day for 5 days on one charge. Exceptional for 10kWh battery but that's not what they offer.
@@artsmith103 Their shortest range model is the 25 kWh build with 250 mile range. It will be a great commuter, but will also be able to handle road trips pretty well as our charging infrastructure expands out. With front wheel drive and full solar it was originally pricing out between 26 and 27K. We will have to see what their updated pricing will be after the COVID, crazy supply chain constraints, and the last 2 years of inflation, ... all shakes out. They have been transparent about this and have said they do not want to update pricing until they have all their supply contract ducks in a row, trying to avoid those promises that made so many start-ups like Rivian sell 10's of thousands of their first off the line vehicles for significant losses. This small start-up will not be capitalized to survive a scenario like that. Tesla's prices regularly jump up and down and all around. Until orders are finalized and contracted this is what happens. When you choose your desired build, and plunk down your $100 or $70 reservation fee they clearly say the pricing is not fixed ... These are not contractual agreements. They need to be making a profit on those first 2,000/10,000/ ... vehicles sold. They don't have billionaire, or Amazon, or the Saudi's backing them.
Lol if Aptera will fail then your little car will definitely fail and you should give up.
his car is garbage. God bless and all HAIL APTERA
So your point is that Aptera is a risky investment. Duh. All EV startups are risky investments. There are reasons to believe this one will succeed, as well. One of your worst, Warren.
APTERA cannot SCALE , it does not even make own DRIVE units, Battery cells, or BODY .
Definitely Warren is way misinformed on the company.
Warren, do the research before you put out a hit piece. Your technical doubts and questions have been answered. I agree, it is now a shaky business investment proposition that was hurt by Covid, supply chain issues, and not qualifying for the $7500 tax credit. At $25K with a tax credit is would have been wildly popular. At $33K without a tax credit, it will not be popular. Munro and Associates has helped them with the manufacturing plan, which BTW is NOT 3D printing. Aptera needs an angel investor to buy the machinery. I threw $1000 at them a long time ago. If they had gone 10X it would have bought a modest cruise for 2. If it fails, it was a bad night in Vegas. Your rant did not offer anything we did not already know, and certainly this video did not add any value.
There is still that under $26,000 Aptera build with front wheel drive and the smaller 250 mile range battery pack option. These two build options actually make your Aptera all the more efficient, and cheaper to operate. The solar rear hatch looks like it might become standard now, as the premium sound has. Solar on the front hood may add $300 more to your cost. We do not yet know how inflation might factor in.
You attacked the idea that aptera has a market, by saying each segment of their target audience already has something to fill their needs.
You then went on to talk about your single seater idea... Does that not already have products to fill that need? Or did you forget electric bycicles exist?
Btw, a quick browse of your channel returns no videos explaining your concept or anything you are doing to bring that concept to market. I'm guessing its just an idea in your head and you've done absolutely zilch to try and make it? Guess what? An idea is worth nothing on its own.
I dont disagree that aptera could fail. Companies fail all. The. Time.
But man... This video comes off as you just being a pure hater. Nothing more. You are citing an older document and did zero additional research. They dont have prototypes? Okay, I do wonder what vehicle is being shown in all those videos that are easily found on youtube is then.
Zack from Jerry Rig Everything literally drove two different prototypes.
And Zack LOVED it. As did Rich from Rich Rebuilds. And Jay Leno. And everyone else who has experienced Aptera first hand so far.
I could be wrong, but the circular as far as I understand it needs the vehicle prototypes to be production intent vehicles. None of the vehicles aptera has as prototypes are production intent and therefore they had to say they don't have any... even though they do have something drivable with a lot of production intent components... its silly in my opinion that they cant call them prototypes by definition in spite of the fact they exist and are drivable.
@@theninjineer you sound like you know more than me on this topic. But I thought the Gammas are their "production intent" prototypes.
@@EdwardBartel delta (which they haven't announced or shown off yet) is their production intent vehicle. That is if they are still doing the same plan that they covered late last year. Gamma was the vehicle that they took to CPC for them to model for the carbon fiber body. It has a lot more production ready parts and the solar panels and battery pack are functional together as far as I understand.
@@theninjineer Actually they sent their body engineers to Italy about the time they were putting together the Betas. The gamma is the production intent vehicle if they had gotten only 1-3000 orders. It uses the kevlar urethane laminate and combine that with hybrid kevlar and carbon fiber weave used to make the beta models monocoque internal body. The Launch vehicle is the delta design, so they have showed it in CG.
Sandy Monro designed Aptera's production line as well as reworking the vehicle. Edit Aptera uses Tesla charging system so road trips or just needing a boost for in town driving are not really a worry
IRC the last Aptera start up failed because a MBA was put in charge of running the managment.
And that management kowtowed to Detroit and wanted to fundamentally change their design premise of efficiency. Steve and Chris aren't letting go this time around!
@@billman5379 exactly.
@@billman5379 At least that was the claim - what was the reality?
Sandy also said, that Aptera will need at least 300 Mill to start production.
@@vic321344 That means 296 left because Sandy put up $4M.
If you charge 40miles/day and use 30miles/day on average you can take a longer trip once in a while since you add 10miles/day (=1kwh) on average to the battery. But I agree, it’s a long stretch to say most won’t never need to charge.
Most owners will be lucky to see 10 miles/day solar charging at best.
@@fredbloggs5902 yes (my point was more theoretical), also those owners need to exist in the first place too, since there is no product yet. A similar company „Sono Motors“ just went bankrupt with their self charging car, the Sion, in Germany.
@@fredbloggs5902 not really the math has been verified and adds up to an average overall of around 25-30mi/day.
@@Airman749 nope, surprisingly enough, not everyone lives in California.
@@misterm9375 Similar to Sono?
Aptera is similar to Sono like Rachel Hunter is similar to Rachel Levine.
Love that Tesla is working with Aptera. Warren needs to do more homework. I for one would love to spend my money on a vehicle I will never have to spend money on fuel ever again. If I ever want to do a road trip I'll hop in a Tesla but for every day use in town... Aptera is my pick.
If there was any value and putting solar panels on a car Tesla would already be doing it. End of story. Tesla is not working withaptera on anything
@@williamminehan4416 You are right: Solar adds very little to a car that isn't as super efficient as an Aptera. Apples and oranges.
@@williamminehan4416 Aptera is not Tesla, just like a Lightning is not a model 3... Completely different vehicles. The fact that Tesla doesn't use PV has zero bearing on why it makes sense on the Aptera. But you have to invest in understanding the engineering to see why.
@@williamminehan4416 I'm not going to go into it here. You just got to educate yourself and do some research. There is a reason why it doesn't work on a Tesla and does on an Aptera. It's already proven... like 2 years ago... this is old news. Just open your mind and do some research bro. Sandy M. also talks about it.
@@D0li0 Very true. People just need to do some research and open there eyes. Aptera is not a Tesla.
35:32 "Are they gonna be as efficient as a Tesla? Probably not"
Your Zealotry is on _full display_ here. What is your basis for that? You have none. It is a wild guess.
The fact of the matter is, Aptera understands the religion of energy efficiency as well as Tesla does and if anything they have taken it to a logical extreme, almost to the point of absurdity.
The question is not will Aptera be more efficient than a Model 3 because it definitely will be. The question is only, how well will Aptera's manufacturing techniques scale? I don't think this will be a mass market car, or even a high volume car, especially given what GigaMexico is likely to become, but you are a fool to be this dismissive of Aptera knowing as little about them as you do.
Example: you didn't even know that the two CEOs are the founders of the original company, which folded due to mismanagemnet after they were forced out. These two waited for certain legal agreements to expire and then went back and bought back their own original IP and relaunched their own company. They are visionary founders, just like Elon. And there are already plenty of Tesla fans not named Warren, who are champing at the bit to have an Aptera as their second car.
Your smugness is extremely offputting, and lose the Schadenfreude. You should want all EV makers to succeed except Ford, GM, and Toyota because fuck those guys. You should be rooting for Aptera and sad about Arcimoto and Lightyear.
There is no Schadenfreude here.... It is a "sober" responsible warning to "less sophisticated" amongst us... Go ahead, invest in Aptera, sounds like a "perfect fit" for you... 😂
Elon is not a founder. He bought that title when he bought the company.
Elon didn't even found Tesla. He's a typical vulture capitalist. He swoops in on a company does his Elon stuff and then acts like he created everything that is good. Typical rich white boy with daddy's diamond mine money.
Anyone with High School physics can see straight away why an Aptera would be twice as efficient as a Model 3. And this is isn't to take away from Tesla's achievement but the Aptera makes NO compromise on economy whearas the Model 3 is designed to resemble a high end executive compact car. The 3 makes much more sense than a 3series but most people can 't afford a BMW or a Tesla and they'll want an Aptera.
1:35 "This is why the government should stay out of private industry"....meanwhile you're a total Tesla fan, and that company would have failed several times over without all the CARB credits, grants, and EV tax breaks that preferentially supported Tesla. Not to mention the stuff they did just to fulfil the grants, and then never did again, like hot swappable batteries.
Your menu logic and how it lists the "Invest" and "Accelerate" options first is very skewed and I would say you're being disingenuous . When someone goes into their website the first thing they see is not the menu. Heck the menu is somewhat hard to notice especially if you're not looking for it (it doesn't even pop up). The first thing we greeted with on their website is the background video of the car and "Reserve" in bright green. This is what stands out first to anyone who visits their website. So to me it looks like first and foremost, they are pushing their product. Of course there's a big chance that it will fail, it's a start up after all and no one is denying that but there's no need to show something out of context just to prove your narrative.
Aptera got advice from Sandy Monroe. They are probably going to succeed by knowing their limitations and fixing them early on. They are using the Tesla plug for charging. They have a chance for success. If you want to invest for something guaranteed invest in an index fund but if you want to take a gamble on a good future? Aptera might be worth the bet. Probably better odds than betting on the NBA finals winner in March.
APTERA cant even get SOLAR to work in any Vehicle.
let that SINK in.
So the best comparison you can make is to literal gambling
@@bob15479 the whole market is a gamble all you can do is make the best educated decisions for the best outcomes.
@@bob15479 All these investment gurus you've seen the recent decade have all surfed on a big bull market, they have given a twisted picture of how it actually is; it is in fact very much gambling when it's a bear market. The reality is that you can never be certain enough to put in money you're not ready to lose; especially with startups. All you can do is look at the company and estimate their chances based on the evidence, but the problem with startups in this field is that even if they are doing everything right like Aptera is doing, there's still a big risk of them not going all the way.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
Weren't people saying this sort of stuff in Tesla's early days?
No, because Tesla had enough own money to pay for development and production of their first roadster model. And at that time it was the first modern BEV.
Aptera was founded 2005, and went under 2011. Now, somehow, with the same founder, it going to be successful? Same with Fisker...
The state grant requires Aptera to spend $21 million that will be matched by the state.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
21 million is a drop in the bucket, they need at least another 150 million to start. costs of everything continue to rise.
@@RomanChaar yes, but $42 million helps get the additional funding.
@@Dularr maybe, but it's hard to raise 100 million cash in a car company, ESPECIALLY as interest rates rise. Car companies make super small margins, so an investor would rather put their money else where than take a HUGE risk with aptera which will be very difficult to make margins at scale. Elon didn't brush off aptera for no reason at the shareholder event. Porotypes are easy, profitable mass production is extremely hard. Let alone competing with the model 3 which seats 5 people and is WAY more safe.
@@EarthCreature. lol I don’t hate, I am elaborating my concerns because clearly this company has big business problems
It seems to me like Warren is casting a bunch of doubts about Aptera based on his feelings instead of doing the hard work of calculating the numbers. Just one of these is the claim that an Aptera can generate enough power to go up to 40 miles on solar and says he doubts it can. It would have been good to at least figure out how much power the solar would generate, factor in some loss for conversion and storage, and then actually see how far that would take you down the highway. It's really not that hard.
Here is the truth about the solar. They said the Alpha's had it, and they had fake cells that could not take the silly trikes an inch. They didn't bother putting any on the Beta, then they claimed at the Gamma reveal that it was the first with working solar. This was after AOC had revealed Alpha's were fake. Had that not happened, they would have maintained the lies. So Gamma had the bare minimum solar, and never revealed how far it ever went on it. Next they put more on the hood, and still didn't say how far it could go. Then it got shipped overseas and quickly the hood solar was removed, indicating it was useless, anyhow. After months of sitting in the sun, and with a claimed 400 mile battery range to boot, it was shown charging up at St Moritz. I could only estimate the total drive to have been under two miles in all those months, and that day would have been about half a mile in the carpark and on the frozen pond, which the sun would have replenished, had it worked. You are being sold snake oil.
@@aussieideasman8498 Tree stump
They use an a..i. application program to find the lightest and strongest way to design a part. The object being to keep the vehicle light weight.
@Johannes Dolch Actually Tesla is not their competition. A potential Aptera customer is very different. Looks don't matter to an Aptera customer. Solar independence is big. Tesla is not interested in solar. Aptera people may be more penny wise...while Tesla people are wealthier and money isn't high on their list. And on and on...
They are also using A.I. to streamline the manufacturing process, it runs thousands of permutations a day to find flaws, potentials for accidents, etc. There are a couple videos up for it on their site.
@@johannesdolch fail comment.
@@johannesdolch They don't need their use of AI to 'beat Tesla', they just need it to improve the product and productivity. And I agree that the term AI is used to much, but it is machine learning and it is making its mark across multiple industries.
And here is a big difference: RIGHT TO REPAIR! Tesla doesn't let you touch anything.
Don’t tell Tailosive EV- he’s obsessed with Aptera. You should have him on your channel to debate Aptera, would be great content!
Liking the car in a click bait environment has nothing to do with viable business.
@@artsmith103 They have 42,000 pre-orders. That's upward of $1.2 billion dollars worth of viable business. Their problem is getting startup money to launch into production. Once they start delivering vehicles, they won't be able to keep up with demand.
@@apterachallenge that’s going to be their biggest problem
@@apterachallenge I understand the enthusiasm for that but it's kind of baseless. Any company can promise to deliver anything to 1,000s of people for some price. But that doesn't mean they can. There's a lot of evidence there won't be any deliveries. It looks like conservative estimate of 18 months for hopeful delivery but there is no plan to survive that time. The car is already not competitive and that will get worse.
@@Airman749 Same problem Tesla has, just on a different scale. It's a good problem to have though. Too little demand, now THAT actually WOULD be a problem.
Warren, I often agree with you, but not this time. Although a two Tesla buyer, and EQS owner, I’m also an Aptera reservation holder and investor. This is my vehicle for 90% of travel, about 40 miles or less. I’m not counting on the solar and will simply charge at home. Hopefully they can produce the 1000 mi version, but will accept the 600 if it arrives sooner.
The 1000 is last off the production line. I changed my order from that model to the 600 when I saw the roadmap - plus 600 is more than enough for even the longest leg I could bear on a long roadtrip, even with cold weather range loss it will be fine for my use. Daily commuting is nice, but I look forward to getting the camping kit and taking my Aptera on long-range trips. No gas, even without "supercharging" the Aptera will add miles to the battery very rapidly with its efficience, and no longer having to pay $100 every 6-8 weeks for an oil change are all anticipated benefits.
Let us know when you get one.
@@EdwardBartel Ed, I agree with you 100%. I'll switch to the 600 mi model when it is introduced before the 1000 mi. My thinking was they would produce the highest profit, longest range model earlier than others. We may find the 1000 mi is too heavy or compromises interior room, making it less desirable.
@@johnpoldo8817 I don't think there will be any compromises on interior room in a way that matters. The smaller batteries are integrated in the traditional skateboard along the floor of the vehicle, while the 1000 adds a battery pack that tilts up from the back of the skateboard behind the seats.
They're still testing with the Gamma Prototype, they still have not added regen/hill holder and the interior still needs "tweeks".
....
I'm wondering if Aptera might appeal to some motorcycle/trike riders. Quite a few of these cost as much or more than an Aptera, are more dangerous and get worse gas mileage than many cars. I won't mention noise. No matter how you slice it fuel costs for an Aptera will be very inexpensive. IMO the solar function is probably not worth the cost for many people as electricity is so cheap.
I'm paying 30 cents a kWh, at night, in the Bay Area. Not exactly cheap and I don't foresee the price ever going down. I want to make my own!
@@billman5379 Yikes, my rate is 9.5 cents per kWh (mid Minnesota) and with a dedicated EV charger it's 6.6 cents from 8pm to 8am. The electric company wants people to install chargers and charge at night to use the electricity that otherwise would be siphoned off and wasted. They even pay for much of the charger and installation. Wonder why there's such a massive difference in cost?
@@StormyDog Californication....simple
Every motorcycle I've owned that got under 40mpg was driven by a complete lunatic 🤣. If a more budget conscious personality rode the speed limit they were almost all at least as cheap at the pump as a prius
@@billman5379 Move to Minnesota; put solar on your roof - and give up on the silly trike.
Shallow analysis that amounts to no more than his opinion. He just "doubts" everything, but doesn't do any real analysis. Troll.
Dude! First of all -STARTUP- so…no kidding this a high risk investment.
Your commentary on their 2022 prospectus reeks of “have you EVER read a prospectus before!?” “Have you ever read a prospectus for a pre-production startup company before!!?” Clearly Aptera isn’t an on-going concern. Is this a retirement grade investment? No.
Bottom line take some time, do some homework, all of your questions and “concerns” are addressed in publicly available content.
Why you’re rendering an opinion without being better informed is beyond me.
Honestly you’re stepping out here prematurely.
Dig deeper.
People will obviously drive their Aptera more than 40 miles sometimes, but we don't drive our car every day and many days less than 40 miles, so in those cases "solar" range will be added for free. Just don't park it in your garage or under shade. Aptera's main attribute is substantially reduced aero drag and rolling resistance on top of its lower weight and solar energy boost.
I'm living in my self built solar/geothermal all electric home. 3400sqft heated and cooled at all times. Have had zero bills going on 6 years. I didn't build it because I'm a tree hugger. Living in Wisconsin I kinda like global warming. I built it because it will allow me to think about retiring some day with zero bills to worry about.
Aptera would also add to the zero bills to worry about. Also would give me a backup battery for the house. That would run my entire house for 10 days without any solar. 600mile/60kw. Bonus.
All start-ups are risky. I don't have the money to invest right now. Have 2 more years to pay off the build loan. I told my brother to invest in tesla when they were going to go public. He didn't. He would have been rich right now. I think Aptera is going in the right direction right now. But nothing is guaranteed.
Warren, you know little about the Aptera progress or design. It shows in your comments.. You aren't up to speed
They can't get revenue until they have volume manufacture lines set up.. That is why they want investment now..$150 million.
We shall see hopefully they will get this investment based on over 40k reservations.
Engineering is well thought out and tested.
Tim, you know little about the Aptera progress or design. It shows in your comments.
The fact that he opens telling us that he was mistaken when he called Lucid Motors a scam (prematurely working off incomplete information) tells us everything we need to know about this man. He is willfully ignorant, and has no problem calling a company doomed without doing any real research into Aptera, beyond looking for small marketing points that don't make sense to him. All of the issues that he has with Aptera focusing on investments now, and being risky, are common to ALL startup businesses! Ironically, he is probably doing more to promote Aptera than to shoot it down, because as people research for themselves the facts will show if the Aptera is a good fit for them or not. Also, looking into it this guy is trying to build and sell a single seat "robotaxi" EV, which is probably the reason why he wants so hard to discredit Aptera.
I agree it’s a big risk, but if they can find one person with deep pockets, it will go forward as the steel dies have been cut, now imagine a go to work car that doesn’t need gas or charging. That’s what Aptera is talking about. If we don’t stop polluting, there won’t be any humans on earth in 75 years
I want one REAL REAL bad, so I hope it doesn't fail.
....KEEP WANTING! ......HAAAAAA!
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
build one urself
@@gasisthepastendoil yep, there's no reason to shop for anything. Let's build everything ourselves!
@@RomanChaar I didn't say Aptera was a good investment, I said I want one.
You begin by casting shade. You question Aptera's range estimates without evidence. You say "I'm not toing to say fraud" while you say fraud.
You then cast shade on their investors. Do you have any evidence, any at all, to present?
Aptera need to provide some evidence.
I love you brother but I disabuse you good sir. You really didn't do your homework. We all make mistakes but I hope you can come out with a correction video soon.
If he does his homework, he is only going to have a lot more reasons to say it will fail. I have plenty of videos where you can tell me where I have got it wrong - knock yourself out.
Warren, the more you speak the more naive you sound. Having built and sold a few businesses myself I found it amusing that you took the risk statements as admissions of guilt. 😂
Everybody said Tesla would fail also. You offer an opinion that nobody wants to buy this vehicle. People are sick of new car prices averaging $47,000. (blue book). People are sick of internal combustion maintenance and high gas prices. People are sick of high dealer maintenance costs.. Aptera offers repair freedom on their vehicles. They give mechanics the right to fix Apteras, which if i understand correctly is not rocket science. Just try to find someone to fix your Tesla besides a dealer. I don't know enough to know if you are right or wrong. PS, It is illegal to fix your own John Deer Tractor.
I had to play your video at 1.5x speed and I still felt it was too long for the content that was provided. With regards to the comments on investing, sure, I could agree. I put in a reservation; personally, that is as far as I will go until the vehicles are able to be purchased.
Raising money is a real issue for new companies, especially now, and especially in the automotive industry.
As for prototypes, they already have them - a quick RUclips check would have confirmed that to anyone. But it was decided to focus on the specifics of some financial documents, which I think is disingenuous.
The commentary on 3D printing and additive manufacturing is being provided from a position of ignorance.
Warren and other posters miss several points. Being a three wheel car, it is classed as an autocycle. With a carbon composite tub, seat belts, and air bags it is likely one of the safest around. It also includes a fully enclosed cabin. Regulations are different for autocycles, so comparing the Aptera to a Model 3 doesn't make sense. The two vehicles appeal to totally different buyers. It is easier to compare to a Polaris Slighshot, thousands of which have been sold. It will absolutely not ever be as, "safe" as a four wheel car. As someone else pointed out, the offering circular is designed to scare people, and usually offerings of this type are only open to accredited investors. People investing in this type of offering are prepared to loose their entire investment and only invest as much as they can loose. Even with an 800 mile range, it will still beat a Tesla, or any EV, on a road trip from L.A. to Portland because it will only have to charge once or not have to charge at all with the 1,000 mile range.
Very sad that Warren didnt do much actual research on the product before posting an obviously biased hit video
sad? NO. informative about WR not Aptera.
@@casylong8383 Why don't you and John B point out the obviously biased parts? You can even suggest what caused this bias.
BTW, you are TOTALLY Wrong in this video. Spending all that time trying to say the Apteras will fail BECAUSE the average person will SOMETIMES go over 30 miles a day "OH geez- you'll run out of solar charge.!" Yeah, so ??? the average APTERA will also go HUNDERDS of miles on a charge and more than ALL OTHER Electric cars out there! Why not highlight THAT in your video.
Here is another stupidity- "Why doesn't Aptera's rely on "production" instead of investment for revenue"? I almost spilled by beer on that one!
Geez, Mr. Lightbulb- "please tell this investor- how THAT works."
Another turd in your pile-on of "reasons"- Investors are mostly simple minded unsophisticated folks of smaller means. Well we became multi-millionaires in selling metal-working production machinery, and CNC equipment in the LAST Century.. and have 3 Apteras on pre-order.
PS (also own10 motorcycles. 34 forklifts, construction machinery, 12 wheel Peterbilt, 2 cranes and five houses... )
Your focus is cynical. hopeless, and retrograde.
Step DOWN off your soap-box!!!
"Don't invest in our company."
--Elon
Excellent 😆
In the first 5 minutes, this man states that he has not studied the Apterra science or listened to the scientist and engineers who created the apterra based on aerodynamics with a mission to transform the transportation industry that actually lives in harmony with nature. I wouldn't waste any more time to continue watching this opinion based video.
This video is a real stretch. Too much free time?
The aptera absolutely will not fail, and will most likely be one of the most popular vehicles on the road in the next 10 years and over the next 50 years, absolutely, will replace most others
Aptera has so many things going for it... I hope they succeed... greenest car yet...
Technologically a very poor analysis:
with an efficiency of 100 Wh/km, a solar power of 500 W gives you a realistic range of 20 km/day, which is huge. Aptera is so efficient, that HVAC compete with the drivetrain in terms of needed energy.
It looks like warren did not arrive at his conclusion after full research. He started with conclusion first and did research around to get there 😂
And his research was woefully incomplete, riddled with errors.
A theory in search of evidence. Sounds familiar. Hmmmm.... 🤔
@@billman5379 List the points he missed, then list the points in error. You are merely conning the gullible with unsubstantiated BS.
@@DrTeeHenry A silly trike in search of reality. Hmmmmm - done that before. lol
Almost every startup sec offering page discloses “ going concern” auditor report. This is THE nature of startups and all start ups are inherently risky. Please don’t get me wrong.. Aptera is still very risky and their success is contingent on funding efforts. Since the SEC offering page they have pivoted their manufacturing process towards more leaner and efficient way which is easily available all over the internet to research but Warren cherry picked the information may be in rush to put a video or decided be relevant with topics in buzz ( like any RUclipsr ) or felt this is competition to his dream pod car.. 🤷♂️
I read about the Aptera in early 2000s in a popular science magazine. I'm happy they have not given up. They have struggled for 20 years to make this happen. I hope they can pull it off this time.....
Your really working from a poor organization of the progression of the company documents. But I agree with most of your points towards its investment quality. I think the crowd funding people are mostly well aware of the risks but want this to see the light of day. They made 3 alpha prototypes that they used to help with bringing the design to the test track and then the road. Leno drove the second alpha using the Sol color design that did get on his show. They then made 3 that were beta test vehicles to test a new front end and rear suspension. This led to the gamma vehicle [released last September at Fully Charged in San Diego] which IMO was intended to be the production intent design when they first brought it back from the dead and got way more orders than they thought they would get. That was using the process you were reading about. They were thinking 2-3000 a year and they had orders that just kept coming to where they are now over 40,000. That led to the announcement of CPC Group in Italy as a partnership with them making the bodies by a new process in late November. The process will allow for them to make 20,000 per year to start. So as it stands right now there is only CG renderings of what is hoped will be the production intent vehicle. The steel for the molds has arrived at the factory in Modena and molds are being cut. The grant needs matching funds which the accelerator is helping to provide matching funds. It is actually two grants; one for solar panel manufacturing and one for manufacturing tooling for the assembly plant. They will also be making their own battery packs. They should also be filing for a government loan for production that they have done all the preliminary work.
They made the Gamma after they found CPC, yet they say they can't make another prototype, Doesn't that raise a red flag?
Why would the U.S. government make Aptera a loan when Aptera's production would be in Italy?
@@daveinwla6360 About 5 months back I wrote to that CA loan institution and told them why it wasn't a good idea. They are mind-blowingly stupid.
@@daveinwla6360 The vehicle will be assembled in the US. San Diego for now, where they will make battery packs and solar panels. If they get to production and demand grows then CPC and Elaphe plan to open production facilities in the US. Wheels with tires will be put on here as well as electrical components, monitors, seats, steering wheel and system, trim and HVAC.
@@aussieideasman8498 You have been actively trying to undermine Aptera from the get go.
If the price is 25k in the US then the minimum price in Indonesia will be 50k due to taxes .... i truly hope they make it, they will sell a lot in Asia , thats for sure
Original target for the base model was 25.9. we don't know the final pricing yet, but they do plan to expand into Asia.
There is nothing 'normal' about Aptera. Brutally engineered and so aerodynamic that side winds will make other vehicles fly. A small company run and managed by those who understand how it all works sounds like they have a great vision and they are really bringing this to the market. The available technology now allows it to be produced and sold to everyone. We need this vehicle and others like it to fill the gap. It is my belief that they will succeed and when they do what will you be driving?
Nearly crystal clear solar collectors of 30 percent efficiency are not that far into the future. Real information and a caution to any potential investors.
But it's 1/3 the energy use of a tesla, so 50kw charging is equivalent to 150kw charging.
I'm definitely interested in a $40 solar car that can go 600miles with all wheel drive
Does he really not know what a startup is? Most of what he's talking about applied to Tesla once upon a time (not terribly long ago, actually), not to mention EVERY OTHER STARTUP since ALWAYS. It took Tesla 17 years to turn a profit when it announced that 2020 was the first full year of profitability in the company's history. I'm not saying Aptera will be the next Tesla (it almost certainly won't), but to say the company is doomed to failure after a cursory glance at their website and an investment circular is asinine.
Honestly it just sounds like you don't know what you're talking about.
@GoClimbARockEh Well this video is not aging well! Warren makes himself look really stupid.
The answer to his objection of the average driver makes occasional drives longer than 30-miles is is my earlier comment. Yes I drive an Impala or an Outback 52-miles a day from Norco to Garden Grove, CA. I wish I had something like an Aptera.
My reservation is in and #15,023. I love they are using the Tesla charger connector. I hope they make it and rooting for them! As a Tesla owner and all in investor and AFTER looking into the actual vehicle I hope Elon buys them! It would have a HUGE popularity in many other countries like in South America. I also believe Elon could add so much to it and also bring down the costs!
Elon preferred Twitter. There's a lesson in that.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
When do you expect your delivery?
@@jasoncurtis2948 I have no idea. Probably over a year after they start deliveries. Im excited and ready if they call tomorrow however.
My reservation is near yours and I’m also a Tesla owner. This would be a great replacement to my aging Prius if it ever goes into production.
3:27 they meant for work commute. Not long trips. So if you one of those people that needs to be doing long trips, then Aptera may not be for you. But also, you can still plug in to charge… it’s not just a solar vehicle.
Then who cares about 400 miles of range?
@@WarrenRedlich the people that want to get the launch edition really.
You seem to be very uninformed concerning a lots of details about Aptera. I would suggest you look into the subject matter and educate yourself before putting out a video like this just based on your "feelings" and uninformed opinions.
You admittedly have not seen a single video with the owners and still gurgle your thoughts about them being intentionally dishonest about some numbers? For me, this kind of questioning their integrity seems to be a sign of lacking integrity yourself. If you had taken the effort (which you should have!) to look at some of the videos explaining their thoughts about their vision of the company and the engineering details of the product, as well as how they came to those numbers, you would have understood thinks better and saw the genuine intentions and authenticity of the founders. At least this is the way they look to me.
Concerning AI and the drag coefficient: using AI does not mean to have developed an AI yourself. They show in a video that they used a computer simulation program to find the optimal shape of the vehicle. This program seemed to iterate on the possibilities in itself in order to do so, i.e. it was applying a kind of AI method to help the engineering team. They surely did not develop this software (which they never stated) but they used it.
Concerning the financing strategy Aptera looks to be very authentic to me, too. They want this project to be as much grassroots as possible. They will also allow the owners to repair their vehicles themselves. They have a whole different philosophy - a very likeable one. Being in need of investment in order to start production is not a sign of weakness. It is just the nature of things for every company - especially in the auto industry.
I marvel the engeneering beauty of this vehicle and the integrity, transparency and overall approach of the founders behind it. I hope and think they will be successful starting production. With Sandy Munro on board, I guess it will work out well and be high quality and scalable. Aptera might become an iconic vehicle like the Beetle changing the appearance of the roads for good and the world for the better. There are many who will buy into this vision, me too.
And just on the side note: in times of the Great Reset with artifical energy scarcity and ever rising electricity costs and with potential climate lockdowns, 15 minute cities, personalized CO2 budgets and restricted movement radius by controlling your ability to pay for those kWh-s with your CBDC, a solar EV might also mean freedom of movement, which is a fundamental part of freedom altogether. In the next years this aspect might get much more appreciation - for at the socio-political level not everything which is considered to be a given today might remain the same in the future.
That's a lot of rubbish. I have many videos that say why the silly trike can't and doesn't work to which not even Aptera staff have been able to refute. You have swallowed the whole bottle of snake oil. I welcome you refuting anything I have said in my videos, and am certain you will fail.
@@aussieideasman8498 I don't know you and your videos. Your message is also not a nice invitation to get to know them. I reacted to this video here and I didn't see you refuting anything I wrote either. Tell me first why I am wrong concerning the points I make here. Then we can move along to some other videos of yours.
@@LaszloPappBerlin "I don't know you and your videos." That puts you in a similar situation as Warren, but I won't accuse you.
"Your message is also not a nice invitation to get to know them." I am rarely nice; more direct.
"I reacted to this video here and I didn't see you refuting anything I wrote either. Tell me first why I am wrong concerning the points I make here. Then we can move along to some other videos of yours." Okay - your points to Warren evaluated - whether good or bad:
"You seem to be very uninformed concerning a lots of details about Aptera." I agree, but I don't 'seem' - I know.
"I would suggest you look into the subject matter and educate yourself before putting out a video like this just based on your "feelings" and uninformed opinions." So do I; I'm with you on that one, but with the caveat that putting out this video was fine, because it was only on the documents he read.
"You admittedly have not seen a single video with the owners and still gurgle your thoughts about them being intentionally dishonest about some numbers?" The numbers spoke for themselves. Find me one where knowing what AM had said would change anything? Then find me five more?
"For me, this kind of questioning their integrity seems to be a sign of lacking integrity yourself." I disagree.
"If you had taken the effort (which you should have!) to look at some of the videos explaining their thoughts about their vision of the company and the engineering details of the product, as well as how they came to those numbers, you would have understood thinks better and saw the genuine intentions and authenticity of the founders. At least this is the way they look to me." Your perspective is at odds with mine, here; it's listening to those liars that has brought me to have an opposing viewpoint to yours.
"Concerning AI and the drag coefficient: using AI does not mean to have developed an AI yourself." I am not convinced in any AI being used, but the drag should be wind tunnel tested; it's the right way to go about it. I'm not sure what Warren said on the matter by now.
"They show in a video that they used a computer simulation program to find the optimal shape of the vehicle." Simulations are not AI, but the lie here is that the general shape was penned in the early 70s by a Professor Morelli in Italy, and they only acknowledge that when they are caught with their pants down. Most of the time they take the credit. This is one topic where you lack the research.
"This program seemed to iterate on the possibilities in itself in order to do so, i.e. it was applying a kind of AI method to help the engineering team." Don't 'seem' so much. A fact about this topic is they claimed the Alpha had the optimum shape for the lowest drag coefficient, then when the public complained about a tight cabin they designed the larger Gamma. The lie here is that the computer made a bigger EV get the same drag coefficient. If that was true, it should have had that bigger EV as the first design.
"They surely did not develop this software (which they never stated) but they used it." This point is moot.
"Concerning the financing strategy Aptera looks to be very authentic to me, too." Not to me; I think they discovered new crowdfunding laws were amenable to collecting and keeping cash. It's just a hunch.
"They want this project to be as much grassroots as possible." Also irrelevant.
"They will also allow the owners to repair their vehicles themselves." I regard that as dangerous, and a snake oil selling point that hints at not wanting to ever produce.
"They have a whole different philosophy - a very likeable one." Appealing to tree huggers, but not to realistic people.
"Being in need of investment in order to start production is not a sign of weakness." They have many signs of weakness, but I don't believe Warren said that, specifically.
"It is just the nature of things for every company - especially in the auto industry." But it is not done in the natural way.
"I marvel the engeneering beauty of this vehicle and the integrity, transparency and overall approach of the founders behind it." Warren didn't even go there. As for me, I see it as pie-in-the-sky. None of the engineering has been proven. You will discover my concerns in my own videos.
"I hope and think they will be successful starting production." You have hung on for a total of 9 years.
"With Sandy Munro on board, I guess it will work out well and be high quality and scalable." Guessing is much like seeming. Warren did far less of it.
"Aptera might become an iconic vehicle like the Beetle changing the appearance of the roads for good and the world for the better." Might not, as well. It's the nature of 'might'.
"There are many who will buy into this vision, me too." Many got on board the Titanic - just another moot statement from you.
"And just on the side note: in times of the Great Reset with artifical energy scarcity and ever rising electricity costs and with potential climate lockdowns, 15 minute cities, personalized CO2 budgets and restricted movement radius by controlling your ability to pay for those kWh-s with your CBDC, a solar EV might also mean freedom of movement, which is a fundamental part of freedom altogether." A pair of Nike's can do that, too.
"In the next years this aspect might get much more appreciation - for at the socio-political level not everything which is considered to be a given today might remain the same in the future." Might not, too.
@@aussieideasman8498 thanks for your detailed reply. I respect you coming to a different conclusion, but based on what I saw my impressions about the integrity of the founders and the authenticity of their funding efforts remains the same. Sandy Munros involvement in the design of the vehicle and its production line makes the might or might not question about the feasibility and scalability much better than in a 50-50 szenario. And just one more random picked reaction to your message. My statements had nothing to do with tree hugging menthality. I like trees but I also like driving my Tesla M3. Your statement about a pair of Nike as an alternative to automobile however is the exact punchline of the tree hugging green ideology aiming to restrict freedom of movement and to keep people in open air prisons - also referred to as 15 minutes cities.
@@aussieideasman8498 just one more reaction. My not knowing you does not put me into the same category as Warren put himself with his video concerning his integrity. Why? Because I didn't post any videos about you and your videos possibly being dishonest and I did not question your integrity without knowing you and your posts. Warren did exactly that and I still find this kind of conduct to be a sign of questionable moral standards. If you accuse someone of being dishonest you should at least try to do your best to get to know the persons and assess their intentions. He definitely failed to do that.
Listened into 11 minutes and there's not even an attempt to say why the business model doesn't work. Just complaint that a startup is trying to raise funds.
I normally like your videos but this one misses bad.
Its going to fail because you need to charge on a 1000 mile drive? That doesn't make sense. I have a car with 250 miles of range and I still do road trips, I love my car. If they get 500 miles of range, that opens it up to tons of people. And 30 miles a day chaeing slowly tops the car up for the long road trips, they don't mean that most americans never go on trips over 30 miles. And at 10mi/kwhr, 12 amp nornal outlet car charging is 14 miles per hour, and about 150 miles charged in a night on a normal outlet, thats wild, you wouldn't need to install special charging equipment
This is pure FUD. Aptera will not fail.
The harping on the 30 miles, never having to charge bit is ridiculous. Obviously they are not saying if you driving more then 30 miles on a trip you'll have to charge. Come on. Aptnera is using the Tesla nas charging port so you can use the charging network
Aptera will fail because: "I guess, I feel, I suspect, I assume, I'm not sure, I haven't really looked into".
🤨
Just remind me at Nikola, lots of promises but not a working prototype. Also remember after a prototype it’s done and WORKING, production it’s HARD
They have multiple prototypes. I'm not sure of the context of what Warren was reading, but Aptera started with 3 "Alpha" prototypes going into last Summer. They then moved on to 6-10 "Beta" prototypes that were used for various systems testing. And now they are touring the world on investor showcases with the Gamma prototype.
True, I saw a prototype on RUclips after your answer. I hope they can make it although, production still very hard. Good luck to them
Their 6-10 beta prototypes was only one in reality. Sounds like he was possibly talking about a production ready prototype.
@@EdwardBartel They promised to make 6 to 12 Beta's but made just one that drove. Sure, there were about two shells and six front suspensions, but show me a second Beta that drove? Then there's the fact that the only Beta tested suspension and brakes for a few hours, and nothing else. Snake oil taste good?
@@aussieideasman8498 what is your source for this claim? Are you just making this up?
Ok Grandpa. Reserving mine now.
Take the r out.
"r out" ???
@@WarrenRedlich I like a bit of humour - his handle then sounds like buyin' dumb.
And pay the accelerate fee. They need it!
@@WarrenRedlich Bryan Drum has left the building.
I only came here because he made it on E for Electric, and I figured I'd give him a go. What a mistake.
And the grant is only a matching grant.
Your point of not being able to fast charge is not really valid since you need to look at miles/minute of charge.
Would like to see you revisit with current info.
Is there new info?
@@WarrenRedlich Such a question just highlights your inability to do your own research.
BTW they do have production prototype. They have built many working cars already.
Prototypes by definition are NOT production vehicles.
@@fredbloggs5902 It is the last prototype. The production car will not be substantially different from the Gamma prototype.
@@Smitty65721 That’s not how it works.
What happens when the Aptera collides with an F-150? Jerks driving the F-150 are all alive. All the hippies in the Aptera are dead. Do your kids and wife a favor and don't buy this for your daily car. Camping yes. Freeway NO!
Smitty - APTERA has no Vehicles with Working SOLAR or BODY thermal system.
Even though Aptera is niche, it has to be one of the most sustainable & efficient electrics out there. I saw it years ago and was immediately drawn to its obvious aerodynamic shape. Yes, it's not for everybody, however there should be a place for it for those who do not need a Tesla. I'm surprised that you would not be hopeful of their success.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
You really dissected the Aptera glitter. Hope they survive but then, it is just a startup company.
‘This company survives by getting people to invest in the company’
It’s a problematic as a negative. In a way all companies do this but the same could be said for Rivian, Lucid and several others. They are existing on soft money until their numbers get up. People are saying Rivian spends 160k on every RS. Selling at a loss.
Aptera's "biggest problem" is $$$ cash $$$ and their ability to convince big money investors to part with it.
It appears to always have been it's problem, going back to the original run. Why? Because regardless of how you think the vehicle looks, performs, whatever it's efficiency is, it's a niche' product. That means savvy investors know something important: The vehicle is not for the masses and therefore it doesn't have the TAM required to make it worth investing in. It's purpose design is for commuting (one of the reasons I find it appealing honestly...I guess I'm niche') and is not practical beyond that. This is why investors who have money are not parting with it. There is no broad market for this product.
I am all in on Aptera as a concept, but I have not one red cent invested in it. I don't have a great feel for the co-CEO's who where originally involved in the first go round. They are always literally begging for cash, raising cash or looking for cash via subsidy or grant. This means they are scraping by in a time when they need to make capital investment to start production. What is the profit margin of the first run of vehicles? This is being behind the cash 8-ball before vehicle number one comes off the line.
The concept itself is inspiring. Low weight, high efficiency, solar charging commuter. Can they deliver on the claims? TBD honestly. They have made many claims about range, efficiency and charging via solar (solar on a car has not been proven by anyone) but again, the data will be judge in the end. Do I think they can deliver on 400 miles and 10 mi/kwh on a 40 kwh pack? Maybe...but that's a tall efficiency standard.
I agree. I wouldn't invest until they can show they can deliver a product (this time) and make it so they can actually make more of their "biggest problem".
For full transparency, I am a reservation holder. Yes, 100 bucks ($75 actually for me during the initial run up of order taking) is a very low order of commitment. I am a fence sitter...should I get the call to purchase I would need detailed specs.
If they get the ATVM loan they will get to production otherwise its a coin flip - on one hand 42k reservation holders and fairly far along, on the other the capital markets are a trainwreck. I'm betting on Aptera but am well aware EV startups have a tough road. Being put at an artificial $7500 (tax credit) disadvantage because the government wants to help the transition to efficient transportation is complete BS.
@Oops1e also. If Aptera made one prototype that was independently tested and shown to do all the great things they claim, it would get all the investment money it needs. Venture capitalists would be clamouring over each other to get the biggest slice of the action. The reason they are not going down that path is because they know they can't build that prototype - all they can build are fakes, and have to find suckers. Wake up to reality.
This critique needs to be updated. I watched a recent video with a walk-through with a client/investor and a RUclipsr/journalist of their manufacturing facility. Also, Jay Leno took one for a test-drive in a different video.
Update coming soon. You probably won't like it.
I will buy this car. It's the perfect car.
It’s not a “car”!
look in the dictionary@@mp3lwgm
Aptera failed in 2021 and has simply been burning through cash they raised for the last two years. Remember they have not even filed their 2022 financials, it took them to May of 2022 to file 2021 numbers. They simply are too late with a far too expensive three wheel vehicle that relies on a gimmick. Putting solar on your home would benefit the world far better than paying more to put it on a limited use vehicle like an Aptera.
Aptera fans fail to understand that the price on the website is out of date and they have already hinted that costs are twenty percent or more higher than when those prices were suggested. They will not tell you what the price will be even though they have ideas of how high it will be. Ask them ASK CHRIS.
If Aptera can make it to mass production, I strongly believe they will succeed this time. Unless a 2008 level recession occurs right when they are finally able to sell them.
However, I think they need to launch an IPO. Atlis motors stock soared over $150 on launch day. If they pumped and then shorted or bought puts, they would have created millions out of thin air.
The only production EV I'm aware of that has hub motors at the wheels is Lordstown Motor's ($RIDE $0.27) truck.
At least, I'm guessing it's in production as I've never seen one on the road.
Canoo ($GOEV $0.67) is also another ev manufacturer that hopefully makes it.
Based on Atlis Motors and Canoo, if Aptera had an IPO right now, I believe it would trade below $1 a share after the IPO magic faded.
However, all of those executives that own all those shares at .01 a share could cash out at the top and then short all the way back down.
Or see if Cathie Wood can say something positive about them to turn Aptera into the next GME.
Finally, who will buy the Aptera?
People who have another vehicle and want to commute to work for low cost.
People who don't want to pay for an electric car charger, or live in an apartment and can't get the landlord to install one. Aptera can charge from a regular 110 outlet sufficient for most overnight.
Those who want to drive cross country in an EV. Nobody else offering 1000 miles range.
People who want to do their own maintenance.
I don't think people want a one seater EV unless its fast. Look at the Electro Mechanica Solo.
sorry, YOU are not up to date.
THEY began in 2006. he has plenty of time to get up to speed.
15:36 it sounds like they are using iterative part development software. I wouldn't call it AI, it's probably machine learning of some sort.
They claim their vehicle design incorporates generative AI. Buzzwords unending.
I don't find your argument to be credible.
Have fun storming the castle!
@@WarrenRedlichWhy would anyone respect your opinion if you don't make a credible argument.
Try again, and do the research on ALL your points, not just what you're familiar with.
Video was 7 months ago. Has Aptera had any good news since then? Are they in production?
@@WarrenRedlich 7 months and you still don't understand. What a waste of time.
@@WarrenRedlich Yes they are. All of the body tooling has been completed and every one has produced validated parts for the PI build that has started. These 16 vehicles still have to go through a validation process before mass production and vehicle delivery starts at the end of next year or early 2025.
Making these comments without doing ANY research on the company is ridiculous! Aptera has a huge following and is making lots of news. This guy is nothing more than a troll making controversial comments for clicks.
The only good point this guy makes is “they’re not going to produce 10,000 units in 2022”.
What you are discribing is not unusual for any start up company. The risk are high. Usually venture capital is used in stages. Nine in ten start-ups fail. I don't have a problem with how they are attempting to fund the cash flow and cash burn. You talk of the possibility of failure, but you too often stated that you really didn't know but this is hard or seems impossible. Also, most start-ups don't turn a profit for several years after production so I wouldn't expect them to be profitable for a while. The risk that early investors or venture capitalist take. If the company does take off, a lot of people will be wealthy. I am writing this several month after this video, but they now have a preproduction model being driven by media people. Would I invest? Not until I see a statement of financial position and projections. I ran a break-even analysis based on the expense figure you stated with $25,000 per unit (not $35,000) was only about 30,000 units assuming a 20% profit margin at the gross level, far less than them 600,000 number for 2023. They may not breakeven for several years, so I would want to know the IRR or the payback period they calculate.
Aptera started in 2005 so they've been bumbling along for 18 years now.
@@WarrenRedlich You are really out of it! Aptera Inc. was not the same company as Aptera Corp, which was started in 2019, and with an entirely different corporate structure and product. It is no wonder you are so confused. Do a little due diligence. You probably also don't know that after Chris and Steve left Aptera Corp in 2009, they both started and ran successful companies. Chris took a company public as co-founder and CEO and it is rated a strong buy by every analyst following it.
Expect a re-broadcast Warren, when your "prophetic" abilities have been revealed.
Ten months later and they are still not out of business. The company is no different that any other large-scale start up. Getting additional rounds of investment always dilutes shareholders. There are lots of risk but the upside can be rather large. Your comments on "to charge or not to charge" is totally irrelevant to the success or failure of the business model. As you know there are prototypes out now so you can take that off of your list. Now, will they actually get to production? That is still a high risk and your average "Joe" should stay away from this. Is the business model valid, I think so, and the reason is that there is a lot of money out there and folks always like to buy new stuff. The cost of the vehicle when compared to others is a factor but not very important. They should be able to make a profit at 60,000 units. Think Lotus.
COPE
While Tesla designs a style sometimes different or as a departure from what people are used to seeing (i.e. Cybertruck or no grille), they are still careful to leave in at least some 'cool factor'. Even Tesla's designs may not appeal to everybody, but they still try and make sure they will appeal to many, and that matters. Nothing will scale in a market if people don't find it appealing. I think the designers at Aptera failed to honestly ask themselves one simple question: "Will a significant market share of customers like this style?" A small percentage niche market does no good for scale or growth. I believe the same problem occurred in the startup Lit Motors for their C1 gyro balanced electric motorcycle prototype. It was good in specs and had some cool technical attributes, but did they ask themselves if it would be only appealing to women in a dress with a few bags of groceries? I think not. They needed to assure their design was something typical motorcycle riders would still like, instead of abandoning obvious notions altogether. They designed their motorcycle with a very submissive and non-rugged appearance, and I believe that's part of why they're still not producing many (if any) today. Aerodynamics and appeal need to be balanced, and Tesla is smart enough to realize this. If the Tesla Model 3 had the body of an Aptera, I would never buy it regardless of range or performance - because I don't want to be seen driving something that looks like it's either a new species of lobster, something that was just extruded, or something that would only fit in a scene under the ocean in a "Little Mermaid" movie - I don't care even if it flies, it still ain't happening. These are some factors I think could cause Aptera to fail, because they haven't honestly considered their wider target market.
You may well be right. I, on the other hand, have spent 2000 hours underwater and LOVE that the Aptera looks like a fish. Without spending a dime on ads, 40K others like it enough to plunk down a C-note. Time will tell...
@@billman5379 I'm sure there will be a 'niche' market of those who will relate. I can also see how life experiences do form a 'lense' that would shape one's perspective, as in your case. But, if they offered say, alternate body styles or just a more generic one, I think their success would be greater. Yet their problems too I think, are exotic construction methods that make it costly to even produce let alone offering varying body styles. I think they've cornered themselves with a style that has costly production methods for the sake of optimal reduced weight and ultra efficient aerodynamics for range. But if you sacrifice 70 percent of wide appeal for 10 percent better efficiency, I think at scale you lose more market than you gain. I do think it would look naturally suitable under water.
@@anthonydaxis1209 many people wouldn't drive an "ugly" Prius either, although I know at least 2 who changed their mind when gas went back up. Most people I've shown it to think it's cool, and many who think it's weird when I tell them it starts at half the price of a Tesla and uses between 1/2 to 1/3 of the energy of the most efficient Tesla's. I fully expect the looks to be polarizing especially at first, but it's the 2 seats that people seem more concerned about or cargo room. Considering full-sized bikes and 7" surfboards should fit it works for me. I might have to keep the truck for home Depot runs that don't fit into most cars anyways
@@squidbeard492 the aesthetics argument might have some basis, but there have been many "ugly" vehicles that were able to sell in decent volume - your "Prius" example, the Hummer H2 was an overpriced brick on wheels, the Avalanche, the PT Cruiser, the SSR, even the Cybertruck that is beloved of the Tesla fanboys on this thread (though the last one is based on orders, not sales, of course).
@@squidbeard492 Yes, but the Prius still looks relatively a lot like a car in comparison to the Aptera (except to those who remember the reference about the Prius on the Shallow Hal movie). The Aptera is a much greater difference than what people are used to, and it basically has no rear end. There's a lot to say about it but the Prius also has style problems of its own. Tesla has sold more Model 3 and Y's over the past 5 years, than Toyota has sold of the Prius over the past 22 years. As for the truck, very wise decision to always keep a sweat and work vehicle handy.
This is a message to any aspiring RUclipsrs or reporters: Do actual in-depth research on the topic of your content. Please. This man is an embarrassment, and you shouldn't be like him.
Edit: I checked the date, thinking this was just an outdated video, and this is RECENT. This is worse than I thought, so let me dispute some of the main points for my own sake.
The technology in the vehicle is supposedly top-notch. I'm not going to talk about this much, but the design is incredibly efficient, many times more aerodynamic than a prius or tesla, much lighter than any other EV; more efficient. Everything from the frame to the motors to the cupholders has been designed with weight and efficiency in mind, and because of that fact alone I believe the claims of 1000 mile range or 10 miles/Kwh are true.
Investing is the way businesses get started, especially with new startup EV companies. This man would have said the same thing about Tesla when it first started, and Aptera has a much better chance at succeeding right now than Tesla did back then. Investment is the reason they are able to put money into R&D, which is and should be their main focus right now (or at least a few months ago or more, when I believe this video should have been released.)
Solar power is actually possible! It's a commuter car, so if you drive less than 40 miles on average/day and you live in a fairly sunny place, you won't *really* have to really plug it in. It's free driving range, so it's worth the small cost upfront. And keep in mind: EVERYTHING on this car is designed for efficiency. Air conditioning will be very efficient, it doesn't have a massive 18.5 inch touchscreen to power, no huge gaming computer in the dash. Almost all of the power will be used for driving alone.
They have working prototypes! There are videos on RUclips of people driving them around, reviewing them, etc. And I believe they do have at least a test manufacturing facility, I've seen photos but I'm not quite sure about that. Warren is kind of contradicting himself, saying "they haven't put out any products," but also not taking R&D into his video.
Most of the legal jargon is just legal jargon. I own a business, and I am putting clauses in the documents in case things go wrong, from business failure to arguments and fights between owners/investors/etc. It's better to have clauses that give a rough plan if all else fails than not just in case.
"the people who bought early paid... [less than you do]" Yes. That is how businesses and time work, my man. If you get in early and the business grows, you make money, that's how it works.
The artificial intelligence argument shows Warren's ignorance... 3D printing can be a viable manufacturing process if utilised correctly, and AI is very important to optimise parts and design.
Hub motors are more efficient by design...
"They are not making their own motors" That is called outsourcing, way easier to get high-quality and necessary materials for a startup trying to save costs....
Now I'm going to stop watching because at this point this video and this person is wasting my time. Thank you for nothing, Warren. Enjoy my view and engagement, look forward to me never watching another one of your videos.
You just have to look at it. No dignity with this vehicle. Looks unsafe, far too expensive for a pod car. That’s all info needed.