Why I Believe Aptera Will Fail

🚫Aptera's $21 million grant from the California energy commission raises doubts about the government's business support.

📉The lack of financial transparency and updated information in their circular poses a significant risk to potential investors.

🔋The claims of generating free electricity from solar panels may not be realistic and might not fulfill long-distance travel requirements.

💸The company heavily relies on continuous investments rather than revenue generation, suggesting an unsustainable business model.

💼The absence of prototypes and final designs raises concerns about Aptera's ability to deliver on their promises and enter production.

Why did Aptera receive a $21 million grant?

—The California energy commission awarded the grant for solar mobility manufacturing. However, this does not guarantee Aptera's success.

How many reservations does Aptera have?

—Aptera claims to have over 40,000 reservations, amounting to a value of $1.4 billion. However, the distribution of reservations across different vehicle ranges is unclear.

What are the risks of investing in Aptera?

—Investing in Aptera carries significant risks, including the company's uncertain financial status, technological and legal barriers, and dependence on continuous funding.

Are the solar panels on Aptera's vehicles efficient?

—The effectiveness of Aptera's solar panels in generating free electricity for long-distance driving is doubtful due to factors such as cloud coverage and limited solar cell capacity.

Is there a guarantee of profit in investing in Aptera?

—There is no profit guarantee when investing in Aptera. Their business model heavily relies on continuous investments rather than generating sustainable revenue.

00:00Introducing the skepticism towards Aptera's success and the reasons behind it.

02:50Highlighting the misleading claims about generating free electricity from solar panels.

05:40Exploring the focus on investments rather than revenue generation and the potential risks associated with it.

08:03Discussing the lack of prototypes, final designs, and manufacturing facilities, raising doubts about Aptera's ability to deliver on their promises.