Part 2/3 Aptera Update with Chris Anthony May 2024 

Yeah, most people are foolish with money, hence so many critics. Most people are also very impatient too, especially in this day and age

Yes, they've taken your money and they aren't building anything with it, fantastic - if they go on like this they'll never deliver - such restraint.

@@bluetoad2668 I will be happy to see you eat your words, Negative Nancy

@@bluetoad2668 WHOOOSH! I guess you somehow (deliberately) missed the amazing tooling for the carbon fiber tub and a whole lot of others stuff that does not fit your excremental and mendacious narrative. What fun this must be for you, troll. The perverse nature of ankle-biting whiners is well demonstrated in your posts. Congratulations! A feather in your cap!

@@bluetoad2668aye aye, Captain Negative!

No surprises, no information at all.

@@bluetoad2668 What did you expect in the two weeks time since the last update? You are a perfect example of the instant gratification need I was talking about! Please tell us about the major things you've done in the last two weeks....

@@DemaGeek back in 2021 Chris Anthony said that they would be building cars by the end of that year. Look back at the previous videos, this guy isn't consistent and just keeps avoiding giving answers.

@@bluetoad2668 You conveniently leave out that the body construction method completely changed to accommodate the high volume of pre-orders.... this alone required nearly two years of tooling fabrication. You also make no mention of COVID and how that delayed global supply chains and whole economies. Major changes happened to move timelines, not inconsistencies.

@@bluetoad2668 It whines and nips at the ankles of those doing the work, regardless of progress. It's a transparently sad little troll.

😊Ditto

I'm a high number Accelerator and I'll be out there too, taking Rt.101 to Newport, OR, then Highway 20 to Boston, upta Maine then...who knows? The Keys, Rt. 66..Hey C.W. McCall, got your ears on? "'Cause we got a little ol' convoy Rockin' through the night Yeah, we got a little ol' convoy Ain't she a beautiful sight? Come on and join our convoy Ain't nothin' gonna get in our way We gonna roll this Aptera convoy 'Cross the USA.... Convoy..."

@@TheDapperham do you mean you’re a low number, high on the list accelerator? Or high number., hoping most of this glitches have been addressed by the time you pick up?

@@TheDapperham I live in Maine. Southern tip just a mile from interstate 95. I can see the bridge from my home. I can't wait to see an Aptera on the road.

And add; Steve has taken MUCH from the Tesla Success Playbook

It's like you listened to a completely different interview - he gives me zero confidence. Ever heard of the sunk cost fallacy? That money you invested? That's gone.

@@bluetoad2668 Okay , you may very well be right but I also heard these same remarks about Tesla a few years back when I invested along with other startups across the last 72 years of my life (I also invested in Apple a LONG time ago). Start ups usually fail but typically because a startup doesn’t realize this basic fact and don’t take measures to identify and correct concerns as they arise. Because I am invested doesn’t mean I’m not aware that Aptera might not make it but I’m still optimistic about their success. Only time will tell who held the right position.

@@bluetoad2668 I guess I would also add the obvious…don’t invest money in a high risk venture that you can’t afford to lose.

@@loums52 of course, but some sound as though they have invested thinking there was a good chance of a return - I think that even getting your reservation fee back isn't a given here - just like last time apparently ( and the fact that there was a last time should be seen as the red flag it very much is)

Yes, it keeps sounding better, just like Theranos.

@@JoeBManco the difference is that Chris Anthony etc. aren't going to jail, the company will just fold from lack of money and they will be fine.

Bike6626 I am looking forward to seeing you and blue toad, Warren Redlick, Aussie no idea man, and the shrimptopian guys apologize publicly when this happens. Throwing spit balls is very easy to do, building something new and innovative is not. Why are you so negative?

@@christopherbarrett9749 I wasn't wrong about Elio or Arcimoto. Aptera is using the same business model with a very similar design. I would celebrate being wrong because I would love to buy one.

It would be nice if what I write actually stays on in the comments. I would celebrate being wrong because that would mean I would have a chance to buy an Aptera. So far I have not been wrong when it came to Elio and Arcimoto, which both used the same business model as Aptera is currently doing.

I love this. I don't feel the same way but I am glad you do. My reservation is around the 40,000 mark. My Hope is that when my time comes I won't feel like a beta tester.

Right, I would be very happy to have a through line to report problems. I have 32 years of product development experience and can't wait to get my hands on one. I can accept early adopter type issues.

@@lsh3rd When it comes to video games I'm all about that. I took part in the Beta Testing of Baldur's Gate 3 for a couple of years. The changes that Larian Studios made to the game were largely due to the feedback we beta testers gave them. It felt great to feel like we were part of the process.

@@lsh3rd I'm glad to hear that people are able and willing to do that for Aptera. 👍

I cannot share that sentiment. But I am willing to do whatever I can to help them reach their goal. I am an accelerator that has not switched to the launch edition because I want a Noir with 1k mile range, AWD, etc. with all the fixings.

~$40K 2 seater with no roof racks or hitch option? I would say extremely in efficient. At 40 mpg, my 5 seater PHEV with hitch is cheaper to run on gasoline so I almost never plug it in. Pulls our smallest boat(s) to the lake plus camping equipment for longer weekends. Pulls bigger loads from HomeDepot. When I pickup family or friends, if there's additional people needing a lift no problem. Almost 600 mile range, refills in 5 minutes. No winter heat or deicing limits. I think new it was around $40K, I bought used for $12.7K. Aptera cannot do any of that. A 2 seater should be around $20K.

@@artsmith103 your comparison doesn’t make sense. If you need a family car, roof rack and towing capability the Aptera just isn’t meant for you. Same as a Ferrari wouldn’t suit your needs. At least here in Europe almost no one needs a roof rack or towing capability. Most people here just use their cars to get to work and back and doing so usually they’re alone. Comparing the price to a used car also doesn’t make sense. I bet you could get a relatively efficient used ICEV for almost free if you’re willing to make the right compromises. Coming to fuel efficiency now your car uses 40 mpg which is around 6L/100km which would equal around 10,80€/100km with gasoline being around 1,80€/L. The Aptera is said to have a fuel economy of around 100 wh/m which would equal around 6,25 kWh/ 100km and around 1,70€/ 100km when calculating with 25€ct/kWh. A Tesla model 3 is said to use 20 kWh / 100km which would cost around 5€. That doesn’t include charging through the integrated solar panels for the Aptera. For me the Aptera would be the perfekt fit. And just because your car suits your personal needs better that doesn’t make it an efficient car.

@@oliverheinen5440 For starters, cost of electricity is typically ~33% of energy cost. Battery lifecycle is ~66%. So in USA, we would triple electric cost to determine $$/mile. The 10 mile/kWh has never been demonstrated. I suspect closer to 8. Aptera refuses for 3yrs to demonstrate on local roads with proper additional weight to account for smaller battery. I've done quite a bit of solar install estimating annual kWh for both residential and 18V. I'm expecting ~3 peak equivalent hrs/day, 365 basis so 2.1 kWh/day, 17 miles/day. Only a little better than proposed $900 lifetime cost. As a young person you should be doing more with more people. Don't get sucked into less is more to patronize someone else's agenda. I haven't stayed in Europe in a long time but they used to be famous using midsize cars to tow a lot more small stuff than Americans do.

That has always been in their pipeline right from the very start.

4 door sedan by 2021, crossover by 2022 and a semi by 2023. I suggest people do their research into Aptera. They have grand plans.

@@billsmith5960 In the latest Jennifer Lopez movie, they have a flying Aptera. Just as make-believe as the real thing.

Past estimates of release dates are obsolete of course, but once Aptera has begun production of their three wheelers, they are planning on a four wheel sedan, as well as a SUV and van. A semi, I have not heard of. Presumably these additional models will use the same construction methods and aerodynamics, instead of just abandoning the three wheel design and producing industry standard automobiles. That was already tried and failed.

@@JoeBManco - It's real if it's in a movie.

Why is a smaller less capable car costing $35-40K noteworthy? If it's a small car you want, buy a $25K economy car with 4 wheels and 4 seats, easier to park, safer. $15K savings will buy you about 125K miles of gasoline. The only thing you'll be missing is gullwing doors.

@@artsmith103 ...and also missing: a cleaner atmosphere, along with a non-warming planet. Let's get real, Art.

@@lectricbill3329 Have you seen global warming? Record cold for me this winter below -30F killed a 20yr old Cherry Tree. How did that happen? Find Tony Heller on RU-vid for great updates of fraudulent global warming stories. How much battery mass per vehicle owner is there? If it's 2-8 kWh worth (~25 miles) HEV save over 6x gasoline/kWh more than EV battery use.

Thank you so much!

Has the subject of service centers ever been asked. I understand that right to repair comes standard, but I suspect that there will be some tweaking needed that many owners will not want to attempt

I wouldn't have thought so because it's encased relatively speaking. They only question would be the finish, but I don't think that would be an issue either.

I didn't hear that. It's good to see that the production version will be at the latest in September. I bet acclerator #1 is happy to be receiving an Aptera by then. I guess Aptera is skipping the pre production prototypes?

​@@billsmith5960 Listening comprehension like that is how the fanboys get along.

Ha! That never occurred to me about the ‘s.

Done

@@ApteraOwnersClub Honestly, a highlight of my life!

Telo? Talk about over pricing and that crumple zone looks like it includes the occupants legs and feet.

I mean it could be Steve’s club as a future Aptera owner…

You’ll be able to use a fridge that plugs into the 12V port. Easy.

At 81 and only driving 1000 miles per year, Aptera is not for you. Stick with what you got and drive it until you can't anymore. Best case scenario, 10 years which I will suspect that the 1K mi/yr will drop over over the next 10 years.

*.gov says usual home uses 900 kWh/mo. My home/lifestyle is quite efficient and we use 320. Math is easy if you use 540 kWh/month with solar getting 4.5 peak equivalent hrs/day. 18 kWh/day requires 4,000 watts of residential solar. That's 13 320W panels. Compare that to 700W poorly oriented Aptera solar generating 2.1 kWh/day. Is your electric bill close to $75/mo?

I'm at 500ish... Time will tell. :)

Brakes? Who needs brakes!? 🤣

@@LanderMaybe I find they can be convenient when trying to stop.

That's a good question. I imagine it's off-the-shelf parts, especially when you consider that Aptera supports Right-to-Repair. Regardless, because energy that goes into the friction brakes is energy that can't go back to the battery, the majority of braking will be regenerative breaking via using the motors as generators. The times where the brake pads would be used would be for emergency braking and for very low speeds where the generated rotating magnetic fields are too slow for the motors to convert. The mechanical brakes are going to last a long time, as the majority of braking will be done through electromagnetic means. Still, what brakes are used is something I'm now curious about.

​@@TildaAzrisk Have you ever seen regenerative braking on an Aptera? Maybe someday it will have it.....

Eventually, if post production orders follow the same curve as pre-production orders (which have stagnated in the past year) and reach sufficient volume in your overseas location.

Steve/AOC are excellent but other Aptera channels post very good, often supplementary info/perspectives. I’d worry of further delays if Chris granted such in-depth interviews to multiple outlets.

No

@@shrimptopian3392 awe rats! I liked their prototype back in 2006. Then they had a couple nice ones driving around in 2009. 2020 had the Darth Vader one cruising around. 2021 brought a few more fiberglass bodied prototypes. Then Gamma in 2022 was really sweet looking! But then they switched to a carbon fiber body and all the prototype construction stopped. It's been a couple years now, I hope to see a new prototype vehicle come out soon. Hopefully it won't be like 2011 when they took a 7 or 8 year break.

Watching various videos, the Aptera looks to be very stable and controllable. Low center of gravity and all wheel drive.... I love hard cornering and I am not even slightly concerned about the handling abilities of this unique EV

Bigger benefits are narrower and 2 wheel tracks. Aptera is dangerously wide, low with 3 wheel tracks regarding staying in its lane and avoiding road debris.

@@artsmith103 As someone who driven lowered vehicles for decades, you are full of excrement. The Aptera has generous ground clearance... and what does "dangerously wide" even mean? If they made it narrower, you would be complaining that it was unstable.... it's what trolls do, after all.

@@artsmith103 As far as avoiding road debris... since it is "dangerously wide" there is plenty of space between the tracks of the front wheels and the back wheel track... next.

@@GullWingInnMoclips dangerously wide means in combination with being low and 3rd wheel track. It's the worst combination waiting for a disaster. With your lowered vehicle, did you drive over or around debris? With Aptera it's likely to be over. In full traffic the time to react is quite short and how will Aptera get past mufflers, tail pipes, contractor tools, lumber?

Lol I appreciate the hyperbole

@@ApteraOwnersClub What hyperbole ☺️? Me thinks you thought I was kidding. I love ❤️ your channel, Steve. In my little mind 🧠, it's right up there with The Big Think and After Skool. ALWAYS great content and ALWAYS respectful presentation. I am always left better for having watched. Thank you 🙏.

I don't know about the BEST RU-vidr, but Steve is certainly a very good RU-vidr. Just like Aptera, Aptera Owners' Club has evolved to a much more expansive concept than it was at inception, and Steve has risen to the challenge to provide thoughtful, perceptive, and well-considered commentary without a lot of hyperbole. Plus some useful and interesting peripheral but related content. Thanks for being a guide along this journey, Steve!

Last week

6 weeks for current issue, don't worry there'll be more. Thus far no demonstration of miles/kWh, kWh/day. No regenerative braking in test vehicles. No working cooling in the nice looking demos. No full size battery ever used. Suspension design ongoing for at least 3yrs. Price not updated through 3 year development. My estimates are 8 miles/kWh, 2.1 kWh/day (17 miles/day), 300 mile range, $38K. Financially unstable. Attempting new high risk investment management starting in June. Sold some $50 million of "stock" that holds no equity. Buy yourself a nice used Prius V or the new Prius PHEV and enjoy the show.

@@artsmith103 EV's and plug in Hybrids are not an option for me. I'm driving a regular Hybrid. I live in a Condo. I have no place to install the equipment needed for a plug in hybrid or EV. Aptera has 3 things going for it. First is the ability to charge with a regular outlet no special equipment needed. 15 ft extension cord and I'm good to go. Second is the Solar charging which will limit (not eliminate) my need to charge at all. I only drive 7,000 miles per year. Third is the efficiency. There is no doubt that the Aptera will be the most efficient vehicle on the road. It is by far the major focus of the vehicle's design. You're correct in one area. There is still a lot we don't know about the final numbers of the vehicle. All claims Aptera is making need to be taken with a grain of salt. Until the PI vehicles are made and tested we don't know anything for sure. All we can have is optimism and hope that their claims are relatively accurate. The claims you made in your post come without good evidence. You have no evidence to back up your claims so I will dismiss your claim. "What can be asserted without evidence can also be dismissed without evidence." Christopher Hitchens

@@Fairburne69 You're new and don't understand the basis of the numbers. I am engineer with PE, and specialty was heat transfer, fluid mechanics and reactor design. I've been involved in a few residential solar projects including my own, generally without contractors. I have a few recreational 12V systems, just ordered all the parts for another one. Another RU-vidr did a thorough analysis of Aptera solar exposure. He also came up with ~3 peak equivalent hrs/day. Aptera has refused to demo performance numbers for years. It's their main marketing claim and they won't back it up, ever!! I think they're ashamed to show there is a small battery in the test vehicles, no regenerative braking, and inadequate cooling to survive 2hrs of test driving. I'd even be willing to add 30% to their results in anticipation of regenerative braking. Most PHEV recharge with 120V. I recharge less than 1/mo. PHEV will have bigger battery, allowing bigger motor, allowing a little higher mph EV driving. If you recharged once per week it would be more than enough.

@@artsmith103 Why are you constantly wrong? You keep making claims. Some of them I know are 100% not true and some that MAY be true. Yet you provide no evidence to support the claims you make. I'm not even here to tell you that you are wrong. Because I don't know if you are wrong or right and either do you. They showed us the making of the battery for the PI vehicles in the last update for example. I also saw a RU-vidr produce a video on solar powered vehicles and he used a white board and showed the math. He got even more then the estimated claims. I just don't understand why you have to be so negative. I understand being cautious and skeptical. I am a Skeptic. My skepticism is the reason why I am now an atheist. But you just seem to be a grifter and a troll who likes to be negative. You make claims you can't support. Maybe you do it so if you are right you can say, "I told you so." and pat yourself on the back? Maybe you enjoy dumping water on a birthday cake lit with candles?

So worst case scenario. September for the first valid PI build. Let's then assume 10 months instead of months. So we are looking at July 2025? However if they get the PI validation by August. Then we add 6 months we could be looking at February as the best case scenario. Would you agree?

"Plan your expectations" for MANY buyers, we will 'dodging the Grim Reaper' in order to see an Aptera in our driveway!

@@harriettanthony7352 I'm glad I won't be an early build. As much as I want an Aptera I don't want to be a "beta tester" of the production vehicles. Hopefully by the time my name comes up to purchase most of the bugs have been worked out.

@Fairburne69 With the present conditions, my take has always been Q2/3 of 2025 for first deliveries. I am yet to be proved wrong in my predictions.

Doesn’t matter when the PI build is complete if they don’t have the cash.

Just in case I am taking your post out of context I want to say. I'M SORRY ahead of time. I may be reading something into your comment that you didn't intend. "Solvency is the ability of a company to meet its long-term financial obligations. When analysts wish to know more about the solvency of a company, they look at the total value of its assets compared to the total liabilities held. (((An organization is considered solvent when its current assets exceed current liabilities."))) If they want to expand and grow then being solvent isn't necessarily enough. They need more money to invest back into the company. Produce more vehicles. Build more factories around the US and the world etc. If I am understanding solvency correctly you just need to get past the break even point. I would love to get the LE Aptera for $28,000 instead of $33000? Sure. But Aptera is a business. They want to make a profit and grow. Every business has to ride the fine line of making a product affordable while charging enough to make a profit. I work for a seafood restaurant. I manage the books and have a really good grasp of the finances. Do you know how many times I have heard people say, "This place is a gold mine"? If they saw what we spent for the food and then how much we charged for the food they would think, "Holy crap this is a gold mine." Well I can tell you its not. Over the course of the year it is barely solvent. The yearly asset compared to the yearly liabilities is about break even. And if the company does have a good year all of that money goes back into the maintenance of the business. So what is my point. We are not privy to the Balance Sheets and P&L statements of Aptera. We also don't know exactly what their plans are and how much money they will need to execute said plans. I think we should be careful before we judge them on how much they are charging for their vehicle.

The current price is not gonna be the final price, before start of production there will be a price increase of 10k or more. The current price was made up in 2019

@@shrimptopian3392 A claim without evidence can be dismissed without evidence. Do you have any evidence to backup your claim?

@@shrimptopian3392 this is one of those things that make me wonder what an actual fiscally sustainable price is. If they can break even at 6k a year, but end up selling 25k a year, then what would the price be if they set that break even point at 10k a year? I don't know, and I think they won't even know until they are well into production

They say they can break even at 6k cars, but why should you believe them 🤔

I’m hoping to hear better news than when I was there on March 22.

Maybe it will come up in part 3

Is it though? Because you are making it sound like they need the money to build 48k cars before they start but that makes no sense. They need the money for the PI builds up front but the money for ongoing manufacturing can come from ongoing shipments. If they can move 200 cars a week at an average of $35-40k a pop that should provide the funding to build more vehicles as they go. Plus, the moment you start making sales it opens up opportunities to take advantage of more grants and investment opportunities. The reason other companies are failing based on what he is saying is that they never planned to meet their break even. So although the are shipping cars they are unable to build cars, scale and sell cars and pay for all of it as they go because it is all too overwhelming. Making adjustments on a moving plane does in fact sound more complex than making adjustments prior to lift off to me.

Funding for the PI builds was secured by the Accelerator Program. As a tech company Aptera will always require more capital, ALWAYS. USCG will provide the funding for mass production.

Except they found out break-even was 6k a year. So they would be going in more debt while building and have to go into more debt to get out of debt because the money it costs to build the 4k cars would exceed the money they make from the 4k cars. I understand everyone wanting them to rush but proper planning is very important. Figuring it out as you go along is not always a viable option. Given the fact that they have already failed once, I can understand their cautious nature.

A better vehicle will come out from the change in direction!

Aptera has been super candid about their evolving situation (design & business) and spoken with confidence recently about funding production via added investment and loans. We’ll likely know a lot more in a week - June 6 webinar for investors which I’m sure will be widely reported (here & other Aptera outlets).

@@gr8dvd I'm looking forward to AOC's reporting on the June 6th webinar. The type of investors with the deep pockets that can make Aptera a viable company should be asking for specifics, not generalizations. But then again, Theranos got some very rich people to invest in their vaporware.

Chris has stated that most U.S. suppliers will only work with large volumes, European suppliers are much more willing to supply in lower numbers which match Aptera's needs. They would use suppliers here if they would work with them, but they are not willing to.

Yes, if geographical distance is your only decision factor.

Did you watch part one? Sounds like you didn't!

Have you ever heard the phrase: "Forward Looking Statements"? Do you even know what it means?

If you're so confident of Aptera's imminent demise, why are you still here trolling? Jeeze....as my dad used to say, "Why don't you go haunt a house?"

@@TheDapperhamso only positive coolaid posts are allowed here, otherwise it’ll hurt your feelings? There’s nothing wrong with questioning Aptera for their failures in being honest and open. Something they should be considering retail investors are their major source of income.

So 10k a year for their 2nd year of complete manufacturing does not define a date. If they start in 2025, the 2nd complete year would be 2027 because the 1st would be 2026. 6k a year is their minimum break-even point and they never stated they were aiming that low. Have they missed the mark on some of their goals? Yes. But if we are keeping track that would still make less broken goals (promises to some) than other much larger companies such as Tesla.

@@TheDapperham Do you really want the comments to just be an echo chamber? As for why I am here expressing my doubts, it is fairly simple. After being right about Elio and Arcimoto, I'm going for the hat-trick.

FSD uses so much energy that it will negate much of the efficiency of Aptera.

Aptera is already working with Safety Pilot and Safety Pilot is more likely to become the standard because they work with other vehicles. Tesla does not work well with others. It took Aptera petitioning to even have Tesla’s charging network go public. Tesla does not even have FSD for the Cybertruck yet, there’s no way they’ll support competitor vehicles.

​@@danielthompson3928OpenPilot..

I could careless about Tesla's FSD. Aptera is using OpenPilot and either CommaAI's hardware or their own camera system. FSD is $100/month

So what would you do different?

@@ronfarnsworth7074no idea. Don’t have any information about suppliers, past funding options, burn rate, ect…. Just saying this is just more of the same. Delayed, need funding. So, adjust expectations accordingly. If there’s a PI before the end of the year that would be a win.

The good news is that we are hearing realistic estimates and issues with the next steps, moving towards production. Hearing the details about ABS and airbag systems does not mean funding delays. Aptera partnered with US Capital particularly to pay for production parts and other funding needs. Chris' comments were again the realistic potential issues of delays where vendors and suppliers have their own timeframes to build/adapt parts for the Aptera.

@@johnyoung376 It all sounds like the normal process of building and manufacturing a new product from scratch to me.

You obviously were listening with little pointy troll ears. I heard lots of good news.

I agree, there is no way Aptera is building a customer vehicle in 2025. If US Capital Global can fully fund Aptera, maybe production begins in 2026, but I doubt they get the funding without Chris and Steve giving up control of the company.

Very good estimate. So with Capital Global facing that, how will their investment prospectus convince new investors? I wonder how much Accelerator donators stand to lose, maybe a lot?

romanchaar's brain cells: COMPLETELY ABSENT! He just doesn't listen, nor does he comprehend anything other than his utter nonsense that he incessantly spews every chance he gets, further reinforcing his status as an empty-headed fool!

You are free to go somewhere else. The rest of us are patient.

@@adimchionyenadum2962 I am free on here as well

RomanChaar STATUS TROLL

@@TheDapperham the truth can hurt, sorry I triggered you

California, Arizona AND Oregon Accelerators, thank you very much.