Aptera and the ATVM loan and IPO plans 

There was a REALLY good interview with Steve Fambro on the Fully Charged Podcast yesterday.

I am so excited about this program, but at 75 I may never see one accessible to me in my lifetime. keep up the good work.

Truly appreciate you for putting out updates like you do, thank you!

Lots of important details unpacked here, thank you Steve!

4 to 6 weeks. That's shitty. I definitely thought they were a lot closer to signing a deal(s). I'm not surprised delays are happening its what I expected. I'm still hoping they can start delivering the Aptera before the end of 2026. Until that money is in the bank for Aptera the future is uncertain. In the meantime let's get those PI models built and on the road to showcase to potential inventors. They really need that money in order to move forward into production. The PI models could be the major selling point when it comes to getting that investor money. They don't just need to be built but they need to be well built and a good safe car.

I've been waiting for a car that focused on efficiency/style for 57 years. I fell in love with Lotus designs in the '60s. I drove a car based on the that drag design from '67-'77, getting 46 mpg.It was beautiful, efficient, small enough to park in half a space. BUT, I had to learn how to fix it because it was mechanical mess and all the shops were filled with ignorant or inept mechanics. They would fix one problem, and create 2-3 more. I deduced that an EV would be more efficient by 1980. Therefore I recognized the value of Aptera at the outset, over a decade ago. I canceled by Tesla order in 2019 when I saw Aptera was back in business, with the original founders. I have 3 on order.

Thanks Steve!

Noooooo, no Elon. He is far too chaotic nowadays. You need steady hands. I could see Apple buying into it. If Lucid was more financially stable, that would also be a potentially beneficial partnership.

Thanks

I just love the concept

Fairly interesting, thanks

Blake mentions a "soft launch" starting the next week, "with a harder, more comprehensive launch will happen mid-july". Meaning US Capital has different levels of investors, some needing more information on Aptera while others are already up to speed and open for business.

Like production, it will take longer than expected. The money isn't locked in. They just think that US Capitol has contracts to make it happen. Chris and Steve have spent over two years trying to make those contracts.

"One more interesting part " Steve, I hope you're not discounting 'Chris and Audra's Big, Interesting Adventure.' They are, after all, (y)our most reliable source of inside information. Thanks for another great cast Slick!

What is going on with maxeon? There stock way down to 25 cents. Hope they are not going bankrupt. Their solar works well with aptera's design.😮

So far Aptera is making all the best tweeks. It sounds like some loans , have gone through channels, future investors will speed everything up. Wow slowly but surely. I say a garintee 6000 a year Kickstart fase will get the ball rolling.

We can learn from the larger heavier vehicles that requires high capacity high voltage high power output charging stations and load grid demands: There is limited demand for the heavier short range vehicles.

"Does anyone know how this fund raising work?" We just don't know yet and they aren't saying yet. There are various methods and types of fund raising. They tend to fall into two basic categories, equity financing (stocks) and debt financing (bonds). They are just not ready or able to say which type US Capital is offering. When they mention "bankers," they could be referring to the typical bankers that we tend to think about when we hear the term "banker.' They lend money (loans, bonds, debts). But they could also be talking about "investment bankers" who help companies find equity (stock) investors when the company wants to "go public." (Examples of big investment bankers are Goldman Sachs and Morgan Stanley.)

Excellent developments. "Banks only give you money when you don't need money". I hope the US capital requirements are reasonable. Can't wait for news about Aptera's drive train/motor (Elaphe's inwheel motor is not part of the car anymore????).

I think Steve and Chris should pop their collars from now on; they’ve earned it.

When Chris Anthony said there is 10 wires looking at the control board of the air exchanger, my heart sank because I knew he was lying. It was obvious to anybody that watch that clip that that control board has more than 10 wires. This little episode reveals a lot about CA characters and it is not good for investors.

I wonder if there will be a discount if we opt out of a wrap.

I so hope the young folks pull it off ... even founder could be my kid :-)

Are the Amprius batteries an option in the future?

So much uncertainty about funding. Everything depends on successful and TIMELY funding. Nothing here gives me a good feeling about successful fundraising that will support the published, aggressive, schedule for production of any configuration. No detail that would imply the tasks and timing are more that hand waving as usual. Money has to come from somewhere to pay for the extra work associated with the reengineering of the drivetrain that apparently has been going on for some time behind closed doors.

Fast tapping knee , excited nervous, chasing it down ?

4:30 I'm guessing Tom Reichenbach, VP of Engineering & Chief Engineer. At least that's one Tom they have. ¯\_(ツ)_/¯

If your an Aptera investor you don't want a IPO anytime soon, every other ev startup has lost > 90% of their value when they IPO.

I am fairly certain that the group in Abu Dhabi is just one part of Investors in US Capital. They are probably required by the agreement to pitch the idea to other equity investors both individual or institutional.

So much to unpack from this part of the livestream and you said so little. Virtually no comment. This quite unlike you, Steve.

Invest after IPO months after. Get in at a low price

With Chris knocking it out of the park with the investors, I see 4 weeks is when the money comes in. Silicone Valley has lots of investors and they will put into a new and proven idea.

Thx Steve Blake and Chris ( both )😉 🤞 for the －－＝Ξ[̲̅$̲̅(̲̅ ͡° ͜ʖ ͡°̲̅)̲̅$̲̅]

Implying any Aptera watcher, fan, investor, etc. embraces mere solvency as the goal is either funny or sad.

Elon Musk's adopting Aptera as an outlet for his motors is highly likely. Elaphe's wheel motors may cost too much, plus they're not as readily available and have no track record for rock-solid reliability as Tesla motors have, plus a domestic drive train would encourage more federal dollars to flow in. Add a few Tesla suspension/frontend parts and get rid of that unsprung wheel weight and the worries about changing a tire, too. Aptera's not using a frunk, so there's plenty of room for a motor in there. Tesla's motors may need a higher volume for economies of scale. With more cars using Tesla drivetrains, those motors will cost even less to build. Musk buying Aptera or buying into Aptera is such an obvious opportunity, plus involvement with Tesla will give Musk the robotaxi vehicle he wants to build anyway. Musk has the 30-60-90-180 people it will take to build Apteras, and just use the Aptera headquarters as a warehouse or for solar panel manufacturing. Musk could scale up production quickly as well, buying duplicate molding presses and equipment. It could all be ready now given how long they've had to work on this. Making these adjustments could also account for all this inactivity at Aptera while they wait for Tesla to fix all the issues. An Aptera-designed sunroof would have a solar photovoltaic panel that would make a great option on Tesla's other cars, too. A retrofit kit might be feasible. Just stick on the solar. A little transparent glue, a jig, and a solar electric tie-in could work. Aptera tearing up a few Teslas to check would be worth it as well.

chris a. is listed as CFO and as a director they have not updated that with an SEC filing so it may no longer be a director level job. there have been zero atvm loans to produce vehicles for over a decade, all atvm loan in the years following have been for technologies to support manufacture of evs in the us which means they are funding battery facilities and similar. 6000 year claim is just not true. do the math. 500 units a month and it takes them over 2m and near 3m just to run an empty building with a skeleton crew. just for that requires 6k profit per vehicle and you think they can run a manufacturing line, manage inventory, and deliver vehicles, for just double that if not less than triple their current burn rates? its just math people. i had to laugh at chris's sarbanes oxley comment as Aptera explicitly states they will not be subject to those accounting rules. in fact they go out of their way to make all sorts of statements on what they don't have to tell investors. For those who don't follow this type of stuff, you can hide under the emerging companies rule while having revenues less than a billion dollars. again chris is just saying nothing because he knows sox does not apply to them but it sounds good.

US Capital Group is 'turned on' as of now. So seeing what they raise early on 'in 4-6 weeks' works out to early to mid-August, NOT to sometime in September as you stated. Sometimes with your speculation and surmising from management's statements, you appear to sound more like a critic than an advocate. it's OK to say: "I don't know." much better than to say: "I would guess from that....".

Good that it was clarified Capital Growth needs to campaign for success instead of simply giving money to Aptera. Tough timing with recent failure of belly skin cooling, no in wheel motors, probably no AWD, still undemonstrated miles/kWh, kWh/day, battery capacity, price update.

Huh? Six weeks ago Aptera fanbois were yelling that funding was secured.

No Elon Aptera is way too prinicpled.

Yes 4 to 8 weeks and than they will have investors,.... 😂 They have been looking for investors for 2,5 years without success, but capital global will come and save the day No hub motors No belly cooling No investors No pi builds But thank god there are promises, that's all you need