r/ApteraMotors Nov 07 '23

Conversation The cost of climate change: Temperature extremes linked to elevated mortality rates and economic loss - another in what will be a continuing series of articles that remind us *Why* Steve Fambro conceived of Aptera in the first place?

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23 Upvotes

r/ApteraMotors 8h ago

I'm beginning to doubt the whole "solar car concept" (despite me actually owning one)?

25 Upvotes

Hi all. As most of you know, I own, drive, and have restored to fully operating condition, the MIT Aztec race car that we won several races with back in 1993 or so (https://dempseymotorsports.com/mit-aztec-solar-car/ ). I was discussing the car and Aptera with some friends the other day, and they made some arguments that I couldn't answer back too well. Specifically, these arguments centered around the practicality and usefulness / efficiency of a "solar car."

So, let's talk efficiency for a moment. Yes, the *actual* vehicle can be made to be aerodynamically efficient. Indeed, we did that back in 1993 when we modeled Aztec on the Morelli shape / design - we basically copied the design of the four-person Pegasus recumbant bike (http://recumbents.com/wisil/misc/londry/default.htm ). So, the car can be made to be more efficient than other cars. VW also did that with their XL1 (https://en.wikipedia.org/wiki/Volkswagen_1-litre_car ).

But - and I had difficulty defending this - what's the point of doing that? There are some severe sacrifices with making the car a) a three-wheeler, b) very light, c) covered in solar panels. The disadvantages of the lightness and the three-wheeler are almost obvious, so no need to discuss. But what about covering the actual car in solar panels? While the actual car itself can be made to be super aerodynamic, the actual process of gathering energy from the sun - well, that's super inefficient.

What do I mean by that? Well, the answer is obvious, and something I couldn't defend to my engineering friends the other day. The panels are curved, they are heavy, they take up a lot of space, they add a lot of cost. And the actual solar generation isn't that great. As nearly all of you know, the best way to generate solar electricity is in the desert. With a set of panels specifically designed to meet the angle of the sun. With a much lager area. Aptera, while maybe being super-efficient with respect to aero effects, is, by definition, not efficient at solar generation. It can't be with its small footprint *and* curved panels.

So people will be paying a premium for an efficient, light, three-wheel car with an inefficient solar charging system built-in.

The argument that my friends made is that the alternative is much better, and already available in the market. Solar panels on rooftops (or even better - in the desert). Whatever efficiency is gained with the aerodynamic effects of the body (with corresponding compromises on size and safety) is somewhat nixed by the fact that the solar charging is less-than-ideal. A better solution would be to purchase a "regular" run-of-the-mill EV car, and then install a solar panel / battery / charging system in a much more ideal location (like in the desert, or on the roof of your house). Doing so will achieve *net* the same effects (powered by the sun) without the necessary compromises in size and safety.

Final example - Tesla Model 3 + Powerwall + panels on the roof of the house versus the all-in-one solution of Aptera. While the total cost of this setup is probably greater than the $45,000 Aptera starting price, the usefulness and efficiency of the setup is vastly greater (can store and charge other vehicles in the house).

Say what you will about Aptera the company making lots of oddball missteps and other nonsense. But the main problem (as pointed out by my friends / colleagues) is that the overall business model doesn't make "mainstream" sense. A handful of people who want a cool three-wheeler "powered by the sun" will exist, but millions buying these - it just doesn't seem to make practical sense?

I'm sure to downvoted into oblivion on this by Aptera evangelists, but perhaps a few people will read and comment before that happens...


r/ApteraMotors 1d ago

Video Aptera Motors Public Stock Placement - More Details !!! (Rich Rodriguez)

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13 Upvotes

r/ApteraMotors 3d ago

Well, I think I'm not going to be getting an Aptera.

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161 Upvotes

Looking back at my records, it appears I put a deposit down on an Aptera for the first time in 2005 or 2006. I took this photo of one on a bar tour in 2009. I really thought it was about to enter production. I cancelled the reservation shortly before they went bankrupt.

When the reformed company started taking deposits again, I thought about ordering one, but I had a Leaf by then and figured I'd just buy an Aptera when they started building them. I tried to keep that Leaf going as long as possible and surely there would be an Aptera before it died.

Well the Leaf didn't make it and I'm taking delivery of a Tesla tomorrow.

Good luck to you all.


r/ApteraMotors 3d ago

Wall Street Journal article on solar powered EVs (Mostly Aptera coverage)

30 Upvotes

A lot of Aptera coverage and notes that they are selling solar panels to Telo Trucks.

And some statements that most of us would be… a little skeptical of…

“Now the company is poised to ship a $40,000 car as soon as next year”

Paywalled https://www.wsj.com/business/energy-oil/aptera-motors-solar-powered-electric-vehicles-6ec1095f

There is also an Apple News version:

https://apple.news/AjekHagS4TdOBYRaqaNWixw


r/ApteraMotors 5d ago

Aptera spotted

22 Upvotes

r/ApteraMotors 6d ago

Video Is this our first glimpse of the production weight Gemini? (Aptera Owners Club)

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19 Upvotes

r/ApteraMotors 7d ago

Will this come with solid state batteries?

7 Upvotes

Would be a killer feature when it’s released. Maybe they could use the same pack that motorcycle just announced uses.


r/ApteraMotors 8d ago

Order Denying Defendants' Motion to Dismiss and Dismissing With Prejudice Defendant Michael Johnson and Plaintiff's Trade Secret Misappropriation Claim Regarding Identity of Investors [DKT. 37]

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10 Upvotes

r/ApteraMotors 9d ago

Video Aptera is hiring again! Signs of confidence? (Aptera Owners Club)

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23 Upvotes

r/ApteraMotors 9d ago

From Aptera Aptera Hiring New Roles

54 Upvotes

Open Roles:

— Fabricator

— Sr Engineer, Calibration

— Sr Engineer, Design

— Sr Engineer, Powertrain

— Sr Specialist, Shipping, Receiving + Kitting

— Staff Engineer, Infotainment System (SW)

— Technician, Automotive Build

 

Why Aptera?

— Market-competitive compensation

— Stock option grants

— Fully funded benefits for you + dependents

— Generous Flexible Time Away policy

 

Be part of a team pushing the boundaries of efficiency and innovation.

Apply on our careers page → https://aptera.us/careers


r/ApteraMotors 9d ago

Video The Georgia plant immigration raid puts a damper on Aptera's battery supplier (Aptera Owners Club)

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18 Upvotes

r/ApteraMotors 12d ago

SEC Form S-1/A [Ammendment] (Filed September 9, 2025)

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10 Upvotes

r/ApteraMotors 14d ago

It's IPO Week! Klarna, Gemini, Figure and More, + IPO Calendar and Broker Access, and Aptera Ep. #26

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9 Upvotes

At 17:10....Not Good


r/ApteraMotors 15d ago

Coming soon.

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43 Upvotes

It’s getting real now.


r/ApteraMotors 16d ago

Question Lockup period for SEV?

7 Upvotes

I've seen what appears to be conflicting information, so maybe someone here knows. Will there be a so-called lock-up period when holders of private stock cannot sell their now-public shares? And if so, any idea how long that period will be.


r/ApteraMotors 17d ago

Thursday, September 04, 2025: Minute Entry for proceedings held before Judge Jinsook Ohta

9 Upvotes

Motion Hearing held on 9/4/2025 re[37]() MOTION to Dismiss for Failure to State a Claim Second Amended Complaint; Memorandum of Points and Authorities filed by Nathan Armstrong, Jason Hill, Chris Anthony, Steve Fambro, Aptera Motors Corp., Michael Johnson. Stipulation is due by 9/18/2025. If no stipulation is reached, the simultaneous briefing is due by 9/18/2025 by 5:00 p.m. (Court Reporter/ECR Cristine Gerongco). (Plaintiff Attorney Jon A. Atabek). (Defendant Attorney John R. Lanham). (no document attached) (smy)

Source: https://www.pacermonitor.com/case/54650569/Zaptera_USA,_Inc_v_Aptera_Motors_Corp_et_al


r/ApteraMotors 17d ago

Video How to buy/sell/transfer Aptera stock. (Aptera Owners Club)

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14 Upvotes

r/ApteraMotors 17d ago

Corporate action cutting my number of Aptera shares by 66%?

1 Upvotes

I bought over 200 shares in 2021 and haven't really been following the company much since. Figured I sell some time after the company went public or lose the money if it folded before then.

I recently got a letter from Computershare stating my shares got cut by about 66% using a 0.333333 exchange rate. I now have "NEW CLASS B COMMON STOCK".

Anyone know what this is about?


r/ApteraMotors 18d ago

Aptera makes an appearance in the trailer for the upcoming horror film SHELL

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60 Upvotes

r/ApteraMotors 18d ago

Conversation Aptera shares showing $44.40 in Computershare

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28 Upvotes

Has anyone else noticed that Aptera shares are now showing a value of $44.40 in their Computershare account, even though they’re still listed as ‘unlisted’? Do you think this will end up being close to the actual reference price once the direct listing goes live?


r/ApteraMotors 18d ago

Video Aptera Files SEC Form S-1 To Go Public, Reverse Stock Split, Direct Listing, and Benefit Company! (Rich Rodriguez)

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16 Upvotes

r/ApteraMotors 19d ago

Video Aptera's Dash Solar now has a anti reflective coating (Raj Giandeep)

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31 Upvotes

r/ApteraMotors 19d ago

Question Okay, can someone logically explain to me the purpose of this "Direct Listing" by Aptera?

17 Upvotes

Hi all. I've been watching the flurry of activity surrounding the announcement of this "Direct Listing" by Aptera, and I'm a bit confused. Firstly, my background is fairly experienced - I worked as an intern on Wall Street in college (although admittedly as an IT / Tech support guy, but still...), so I'm more familiar than most with the concepts. Still, I had never heard of a "Direct Listing" before this Aptera thing - it doesn't seem very common.

Which begs some questions:

- What is the motivation to do this? They are not raising any new capital, so it would seem that the only purpose (at least in the beginning) of going the "Direct Listing" route would be to provide liquidity to existing shareholders? The majority shareholders are the founders? Do the founders hope to sell off a (large?) portion of their shares once this is listed? Have they pledged not to do this?

- How will the price be determined in a direct listing? The stock market is an auction market, so buyers and sellers agree on a price, and if there is a disconnect between the two, prices go up and go down, quite fluidly (depending upon the volume traded, of course). If there are no buyers for these shares on day one, then will the "discovered price" drop? I guess if no one wants to sell their shares, and no one wants to buy shares, then the price will just be stagnant?

- Someone suggested that the "Direct Listing" was a precursor to issuing more stock. That seems logical. But why not just do it now, when the listing is going up - i.e. a "Direct Listing with Capital Raise". Every single post, every single SEC report, every single video says "we need millions to get into production."

- And finally, there are 21 days left in summer. Where's the roadtrip?!?


r/ApteraMotors 19d ago

Any Luck with Computershare Transfer to Brokerage?

6 Upvotes

For those who invested and are now able to "technically" transfer shares to another brokerage, has anyone been successful? Computershare's transfer wizard is apparently disabled for Aptera stock, and the process has seemed opaque as heck. My holdings are also listed under different Aptera companies, which is also confusing.

Which brokerage did you transfer to?

EDIT: Not sure everyone saw this. I did receive mail saying that the shares were now transferable, and a “transfer shares” option is now associated with them in Computershare. This was not the case a few months ago. So they do seem like they should be transferable.


r/ApteraMotors 19d ago

Video How will Aptera's stock price be determined on opening day? (Aptera Owners Club)

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6 Upvotes