A little bit of information and a little bit of speculation. Reserve your Aptera for $30 off ($70 refundable deposit instead of the usual $100) by using this link: tinyurl.com/ap...
If there's an IPO it would dilute everyone not just this round's investors so the math is a bit off. Just as a surprising curiosity, I bought a house from Mike Johnson, who represented the seller, about 10yrs ago!
Thanks for doing this investing basics video. I had looked up much of this info before I first invested in Aptera. And then I researched it more before I made additional investments later. I am hopeful for Aptera's success, but of course I understand it's a big risk. I really hope that Aptera ships their first Paradigm models before they do an IPO or SPAC. If they do ship production models first, I believe that the stock price and valuation will be considerably higher. It looks like Aptera has been strategic, transparent and conservative with their spending so far, so they should easily have enough money from this investment capital to get them into limited production. It would be amazing if my investment paid off big, and the profit would pay for my Aptera. But of course that's just a wild hope, and I will be happy just to get my own Aptera in the end.
Being a bottom line guy, I'm interested in what this group feels the share price range might be at IPO (or SPAC). I'm already in as an investor, mostly because I want to be part of the future, and to me Aptera represents what that future could look like. I don't expect to become hugely wealthy, or have my Aptera paid for by my investment. I'm also aware there's a significant chance I could loss every nickel. My long departed grandfather, who was the comptroller at a Schenectady, NY state based department store called The Carl Company, had an opportunity to buy a significant amount stock in a new car company. He balked, as he thought it was too risky. Comptrollers (he'd be called a CFO today) aren't wired to take much risk. Perhaps you've heard of this new (at the time) company. General Motors. I like the idea of potentially redressing, even only a tiny percentage, a portion of the balance that my grandfather left in the street.
From the last interview with Chris, sounds like they will do an IPO (or a SPAC) close to production which would hopefully bring the value up from where it is now. I personally wouldn't be surprised to see a 1B valuation by then.
I’ve said many times, Aptera has more in common with a Cirrus SR-22 than a car. Everyone poo pooed them too for being different, they’re now wildly successful as one the best GA aircraft in modern times.
It’s interesting to note cirrus advertised same basic traits as Aptera for basicly same reasons. Safer, more effecient, better more effective materials and production methods. Now Aptera is basicly applying same principles to a Car. Should’ve been done a long time ago.
I do hope they are a good bit north of that when the do the IPO in > 1 year. Those who just bought in at 0.5B and might see some share dilution would get
I had read the inverter docs. You say here that investing is high risk. As I read their docks, I believe they come right out and say as much. I think they are being honest vs discouraging. I found their docks rather easy to read and understand despite the fact I have no real experience in investing other than what I have read and seen in my life. There are aspects that I do not understand so I’m hoping to get some info here.
I'm considering investing as well and found your info confirming my own research. I have a slightly different take on the positive return side of it. There are two reasons to own stock. Profiting and being a part owner. To me the profit side is more important than the owner side. Especially with no voting rights with the Class B stock. So if a IPO happens and more stock is created I'm still only concerned about the stock price as it appreciates.
Please update, per your recent (July 2022) mention that Aptera now needs the expected $100M to fund pre-production. I’m assuming that if it isn’t forthcoming, they will close shop fairly soon.
Can you buy stocks of them even if your not from the US? I'm from the Caribbean🇻🇨 and I would really like to have an Aptera as well as own some of its stocks 😭😭😭
Thanks very much for this very informative vid. Did answer most of my questions. I not not get the transfer agent aspect if a liquidity event happens. I do not have any like TDA America or Swab. Do I get one before or after? I understand the tax issues of capital gains and the tax rate if I soled shares. But what about just leaving the stocks ride? Any tax liability and or reporting? If I invest now, what do I need to do for my 2020 taxes that I will be doing in a few months?
I've only ever needed to fill out a few forms, as requested, when being transferred stock. Very simple. I've never needed to do something other than that. I didn't need to do anything independent of what was requested of me. The brokerage account (Fidelity, Schwab, TDI Ameritrade, etc.) was created for me and I didn't need to interact with the transfer agent. So, to answer the first question, you get an account after. No tax liability or reporting when I've just held the shares and 2020 taxes would not be impacted (my experience; I am not an accountant or tax professional and make no guarantees about the accuracy of this information in your tax situation).
I agree with you. They are setting the valuation and it's up to investors to decide if that's worth it. If they say the valuation too high then investors will balk at it and not fund them. However it looks like people are still buying. I bought at 200 million valuation. I'm not entirely sure I would buy at 500 million myself.
@@BryanDoesCinema That's a potential of $450M of revenue, assuming 100% of those reservations would turn into a sales. And the revenue is NOT what a company is worth. Ford revenue is $134 billions TTM and its market cap is only about $82 billion at the current 52wk high.
@@BryanDoesCinema so the half a billion dollar evaluation is a number that Aptera FEELS like it's worth? Let me know if you know where Aptera outlines quantiatively how it's worth half a billion dollars.
they would refund reservation fees for preorders. They would ABSOLUTELY not refund investors. The reservations fees are held in an escrow account and are not used until you actually buy the vehicle. Investor funds are used to pay the salaries of the employees and buy equipment and materials and pay rent, etc. That money is being used and if they don't succeed in making vehicles and selling them and successfully IPO, an investor will lose all their money. that is the risk of being an investor.
@@ApteraOwnersClub I'd put a caveat on that, the first Aptera Co. refunded the reservation holders, not out of goodwill, but because the money had specifically been placed in an escrow account. and with that came many stiff legal ramifications. There is no such situation on current reservations.
I'm fairly certain that all current reservation deposits are held in an escrow account as well. I will double check on that. they are refundable deposits.
@@billthacet Ozman, you need to check the record. Not only were the deposits for the original vehicle refunded, but all the vendors were paid off, and the employees all got severance pay. The original closing of Aptera was not a bankruptcy, but an orderly closing when the Idealab appointed CEO's plan in opposition to the founders proved to be unworkable. The only ones who lost money were the investors such as Google who backed him instead of the founders in a board fight.
