Accelerate Aptera Leaderboard

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Aptera Community Aptera Discussions Accelerate Aptera Leaderboard

  • Accelerate Aptera Leaderboard

    craig-merrow updated 6 months, 2 weeks ago 40 Members · 124 Replies
  • Biker

    Moderator
    March 23, 2023 at 10:10 am

    Another sizable jump in slots filled:

    • bruce-mengler

      Member
      March 23, 2023 at 4:52 pm

      As of 5PM PDT March 23, 2023 750 Accelerator slots have been filled; which is 3/8 (37.5%) to the 2000 slot target. At the present rate, it will be about another 3 months to fill 2000 slots.

      • Uncle-Dirt

        Member
        March 25, 2023 at 10:21 am

        The program added $1 million and 30 investors in two days. In my line of thinking as the number of participants approach 2000 and the investment amount gets closer to $20 million more investors will get on board. At some point during the program, I envision 100 participants for over $1 million invested in 1 day.

  • raymond-nettleton

    Member
    March 25, 2023 at 12:42 pm

    If they fill 2000 slots I could see many kicking in a couple grand more to try for the first 500 or so in the last couple days. The 500th spot will take $13500. That is my guess.

  • llewellyn-evans

    Member
    March 27, 2023 at 3:16 pm

    REMEMBER … if you want to invest in Aptera but don’t have $10K, then you can still invest!

    You can invest in Aptera as little as $210. Visit Republic.com.

    https://republic.com/aptera

    I am not a financial adviser, this is not financial advice.🙂

  • Biker

    Moderator
    March 29, 2023 at 3:39 am

    Ever since the original end date (3/26), new slots being filled per day seems to have slowed:

    • bruce-mengler

      Member
      March 31, 2023 at 1:47 pm

      The signup rate since the Accelerator Program was announced has average around 13 new investors per day. If the future signup rate matches the past 2 months then the 2,000 slots will be filled some time in July 2023 & could provide a total of $25M – $30M additional capital.

      IMO, there have been no meaningful status update from Aptera since the announcements of the Launch Edition details about 2 months ago. I can only hope that the funds raised by the Accelerator Program so far have been used to order the longest lead time Assembly Line items.

      What’s the status of the ATVM loan?

      • Uncle-Dirt

        Member
        April 1, 2023 at 4:43 am

        Silence is deafening. Marketing is just not aggressive.

  • larry-black

    Member
    March 29, 2023 at 5:19 am

    First Post

    we reserved 2 in February 2021.

    We invested in the Accelerator program March 25 2023.

    We were at 88 and. In the last two days dropped a few places but no one between us and no. 1. Invested after us .

    How are they determining the order?

    • Biker

      Moderator
      March 29, 2023 at 5:28 am

      Ranking is by amount invested and in the case of tie, date of investment. Some of the existing slots may move if/when their older investments finally get credited/debited (in case of fraud).

  • Biker

    Moderator
    April 2, 2023 at 12:20 am

    No change at the top of the leaderboard but the slots are slowly being filled:

  • daniel-oneil

    Member
    April 2, 2023 at 11:59 am

    With their last OFFERING CIRCULAR DATED DECEMBER 9, 2022 from the investment link it showed as of June 2022 they had 19 million in cash and spent 32 million for the previous 12 months. Have they stated this money from the program is not to be used with anything other than getting equipment and parts to get to building the vehicle? Based on the cash burn and the lack of big funding (and no updates on their balance sheet), I’m having a hard time believing they haven’t depleted their cash without using some of this to keep paying payroll and leases. They seem to still be doing quite a bit of R&D at this time too.

  • llewellyn-evans

    Member
    April 4, 2023 at 3:42 am

    Todays leader board

  • Biker

    Moderator
    April 8, 2023 at 5:40 am

    Slots sales seem to have slowed some more:

  • Biker

    Moderator
    April 12, 2023 at 11:53 am

    Slow progress:

  • Jeff

    Member
    April 14, 2023 at 5:11 pm

    Officially 2/3rds of the way to $20M as of today. Pretty impressive.

  • Jeff

    Member
    April 14, 2023 at 5:45 pm

    I was curious about how the pace of daily new investors and the total amount raised has fluctuated over time, so I transcribed some of the data from the leaderboard into a spreadsheet and made this graph with some trendlines.

    Obvoiusly there’s been a dropoff in the pace of investment in recent weeks, but I’ve otherwise been impressed by how it keeps chugging along. I assumed it would plateau quite dramatically after the first couple weeks, but it actually hit its highest rate in March.

    Seems like when Aptera is quiet for awhile, as it has been lately, the pace of investment slows down. Not exactly surprising. Hopefully there are some newsworthy developments in the coming weeks to reenergize interest and push it closer to the $20M goal.

    • ray-holan

      Moderator
      April 15, 2023 at 4:43 am

      Thanks, Jeff. Nice work. I’ve been wondering about this aspect of the program, but didn’t know how to do the statistical analysis.

  • Biker

    Moderator
    April 17, 2023 at 7:42 am

    New slots sales are down to a trickle:

  • Biker

    Moderator
    April 20, 2023 at 7:53 am

    One of the first times when the daily refresh showed no slots for the previous day:

    • BigSky

      Member
      April 20, 2023 at 9:50 am

      Things have been drying up lately. The company needs to goose the system with some engaging progress because it has been a while. That should help.

  • Biker

    Moderator
    April 24, 2023 at 5:24 am

    A bit of a reshuffle at the top of the board:

  • Biker

    Moderator
    April 29, 2023 at 1:46 pm

    Inching closer to $14M:

  • llewellyn-evans

    Member
    May 3, 2023 at 12:07 am

    WE BROKE $14,000,000 😁

    • Lou

      Member
      May 3, 2023 at 5:07 am

      Team Aptera needs to shake the Accelerator sugar bowl again. What was a vigorous stream of new entries has turned into 1-2 a day drip torture. Unless they come up with new incentives, they will not reach either 2000 or $20,000,000 goal this year. We all want them to succeed so hoping their creative genius comes up with new motivating plan to get the money wheel rolling again!

      • Greek

        Member
        May 3, 2023 at 5:59 am

        Lou, unless they plan on giving up the farm, investment will stay like this until they truly find a much larger investor to start production. It’s not so much the 10k investor they need, it’s the whale that will turn things around. One large investor will do much more than any other incentive they can provide for the Accelerator investor.

        • john-malcom

          Member
          May 3, 2023 at 9:00 am

          Agree with Lou!

          Past time to shake the bushes again. Revenue from Accelerator funds continuing operations and supports CA Grant matching requirement effectively doubling funding. Good business maximizes ALL sources of revenue ALL of the time. We shouldn’t sit around on our butts and and do nothing hoping for the big fish.

          • Greek

            Member
            May 3, 2023 at 1:28 pm

            As an investor…I will not invest anymore until it is announced there is now enough to guarantee start of full production. Doesn’t make sense at this point to take anymore risk. John, have you invested yet in the Accelerator Program? If not, what are you hoping for before you do? There is enough swag offered and with the vehicle we already know what will be made standard with their offering. Not to get personal, but wondering if anyone is holding back hoping for either an unannounced accessory, feature or more swag? Let’s hear it….

      • glenn-zajic

        Member
        May 3, 2023 at 1:44 pm

        Don’t know if it is possible, but how about something like free Comma or sentry system included for NEW MONEY only in amount greater than X. Like $25K or $50K. It would be offered up as a future retrofit (not included at launch if it was not possible). Do you think that would bring in enough to be worthwhile? I don’t think trinkets are going to impress investors. Another possibility would be warrants, ie; the right to purchase additional shares at the same price in the future. That last one gets to be a heavier lift with the SEC though.

  • Biker

    Moderator
    May 4, 2023 at 4:28 pm

    We can assume the higher than recent average slots sold today was due to the webinar:

  • craig-merrow

    Member
    May 4, 2023 at 4:41 pm

    I see they have 999 slots left, so they’ve made some progress this week. For my part, I bought another $100 of Aptera on the Republic investment site. Every little bit helps!

  • Biker

    Moderator
    May 9, 2023 at 4:33 am

    The bump in daily slots sold since the webinar seems to have only lasted a few days:

  • noah-blumenthal

    Member
    May 9, 2023 at 10:56 am

    I know there are those saying Aptera needs to juice this program again. I wonder if the fact that they aren’t doing so is meaningful. Do they view 75% of goal (15M) as sufficient for this piece of the funding puzzle? Is the effort/reward ratio on this program not worth additional energy from them?

    I love seeing the numbers on the board progress. But I also trust that if they aren’t doing much to push those numbers then they don’t feel any great urgency for them either.

    FWIW, I invested in round 2 and in this round.

    • glenn-zajic

      Member
      May 9, 2023 at 2:17 pm

      I know times are tough right now for many. One thing I don’t get is why more minimum investment people don’t put in a small amount just to jump ahead a little. If you were any of the lowest investors, you could move up over 300 places by adding $1,000, and over 400 places by adding $3,000. That might be a few months of production which, to some, is a good jump. Hoping evrybody gets their vehicle ASAP!

    • Biker

      Moderator
      May 9, 2023 at 3:49 pm

      Some may do that (add to their total to jump ahead) but probably do it closer to the end of the program.

      Assuming Aptera can execute their plan to ramp “quickly”, 400 spots could be as little as 10 days (two weeks) of production. Not sure how much that is worth to anyone.

      • glenn-zajic

        Member
        May 10, 2023 at 9:40 am

        I guess it is possible, but I don’t see them at 40 vehicles a day for at least 6 months after they start production. I would be happy to see them at their initial goal of 20 per day in just a few months of production, but adding that second shift? You really have to have all the production bugs out first.

      • Biker

        Moderator
        May 10, 2023 at 10:20 am

        Aptera plans 40 vehicles per day in a single shift, not 20. While your estimate might be closer to reality, I think Aptera plans that ramp a bit quicker than 6 months.

    • noah-blumenthal

      Member
      May 10, 2023 at 4:38 am

      I more wonder if people will strategically invest at the very end to try to get specific production numbers. 100, 200, 300, etc. Maybe 666. 888 for anyone hewing to Eastern lucky numbers. I wonder if there will be other pursued numbers.

      • wingsounds13

        Member
        May 10, 2023 at 12:15 pm

        My number would be 13 but I don’t have that kind of money to invest. ¯\_(ツ)_/¯

      • eric-w

        Member
        May 14, 2023 at 12:56 pm

        I wonder if a secondary markets for numbers might arise after the program ends. Someone with a desired number could hold an auction, pr for a modest (I hope) sum one could get on a preferred/favorite/lucky number.

  • llewellyn-evans

    Member
    May 11, 2023 at 5:53 pm

    The post announcement bump continues to grow.

    • gregory-annett

      Member
      May 11, 2023 at 8:42 pm

      Yes, I have been entering new investments into a spreadsheet, and I am noticing that some of these amounts are being backdated by a few days or even a week or two, so it’s possible that a lot of people responded to the webinar, but they don’t get added to the leaderboard until their payment lands with Aptera, hence we see this delayed reaction a few days after the webinar…

  • Biker

    Moderator
    May 13, 2023 at 4:49 am

    Higher than average investing over the last couple of days:

  • Solana

    Member
    May 13, 2023 at 9:45 am

    Any predictions on when the 2,000 Accelerator slots will be filled?

    I am guessing: July 4th 2023.

    Great date for a vehicle that promotes freedom.

    My reasoning is that the last 500 slots will go faster then the current rate.

    Plus, with Gamma coming back to the USA in June and going on a display, interest in Aptera will increase.

    • noah-blumenthal

      Member
      May 15, 2023 at 9:48 am

      I like your optimism.

    • Greek

      Member
      May 15, 2023 at 11:26 am

      They would need to announce funding for manufacturing is complete and do it a month before July 4th to sell the rest of the Leader Board slots. Do you know something to be announced? I would then agree with you.

  • craig-merrow

    Member
    May 15, 2023 at 12:58 pm

    With 944 slots left, it seems like things have been picking up recently. With Gamma coming back to the States, it will be exciting to see where they take it! Someone suggested the Woodward cruise in Detroit would be a good one.

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