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Aptera stock, shareholder and investing info
updated 18 hours, 3 minutes ago
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So we can now invest in Aptera with Crypto currency? Given how green and renewable this company is trying to be, I’m not sure this is a direction we should be willing to take given just how much energy is wasted by mining operations.
Update: We've opened a new fundraising round! We're now accepting Cryptocurrency as a payment method. To learn more about investing in Aptera, head to our dedicated investor website at https://t.co/QPHZqG5zmJ. pic.twitter.com/x0aBaxwD7m
— Aptera Motors (@aptera_motors) August 16, 2021
Update: We've opened a new fundraising round! We're now accepting Cryptocurrency as a payment method. To learn more about investing in Aptera, head to our dedicated investor website at https://t.co/QPHZqG5zmJ. pic.twitter.com/x0aBaxwD7m
— Aptera (@aptera_motors) August 16, 2021
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Hi there.
I’m a retail shareholder as the most part of the forum.
It’s too important to push to the Board to be public ASAP because as you can see on this news, the EV market is envolved in a financial bubble that we can use to finance the short and long term of Aptera.
Lucid Motors strikes SPAC deal to go public with $24 billion valuation | TechCrunch
We are not profitable right now, so we need to use this bubble to save our company and reduce CO2 emission to the earth. Chris said on january that we will go public in 2 years. It might be too late for us.
If we go public and the bubble is not there, Aptera likely will go to bankrupt.
The whole company should stay together focused in go public ASAP.
This thread is created to add your support here and make pressure to go public.
I would like to see here the marketing team giving info and updates about the deadlines to go public.
Any news about the new CFO?
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Hi there,
These guys and gals running the company have a lot of experience starting multiple successfully companies and know a lot more about this than you and I. Being public is not necessarily a good thing.
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NOTE: ………Not sure why the first post was corrupted. here it is corrected. Moderator, perhaps you can delete the first post. The edit function that was available at one time is missing now
I think you will find that the voting majority of shares are in the hands of company management and founders so that Aptera can follow their strategy/business plan. What you propose is not possible or needed. You would know this if you had done your research before making this post. I would encourage you to research the background on Aptera1 (The original company) and the current Aptera to give you a balanced perspective on which to base your assessments.
Aptera Management and Engineering have done an excellent job in managing both the business and technology of the company without the necessity of oversight from outside financial interests. The involvement of outside financial interests was a significant reason for the failure of the First Aptera company, and of course should be avoided now especially as Aptera approaches the production milestone.
I STRONGLY OPPOSE any effort to force/encourage Aptera to deviate from their current business plan by any group internal or external! They have a well qualified CFO who has experience in going public and I trust in her judgement/plan for the company along with other senior, experienced management.
This is not the time for a “Sky is falling” investor who doesn’t have insight into Aptera strategy or their business plan to raise alarm in a public forum.
The current team should retain complete control so their successful strategy and obvious performance based on their experience and expertise can bring Aptera to successful production and market penetration generating revenue.
You yourself felt that way or you would not have invested initially????
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Hear, hear.
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Since I can not yet give this a thumbs up or up-vote it here is my emoji:
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Yes. I did my research before my post.
They went to bankrupt because the US goverment didn’t give Aptera de the public money that Aptera needed to improve their tech.
Have you read your message before post it John? Do you know that Aptera needs external financial because they are not profitable right now and they burn cash every month? How do you expect to finance the research if the company has to pay workers? Do you think that the money falls from the sky as rain? They made the Reg-A because of this, Aptera needs money to finance the research.
I’m not forcing to the board to deviate from their original plan. I’m just saying that they sould accelerate it to finance the company and their tech.
So you prefer that they go public in an undervaluated market and they can’t reach their original plan. Don’t you?
It’s better for the investors and specially, for the future the company to go public in an overvaluated market to receive more money than if the market is undervaluated. We both will raise more money and Aptera will create more models, factorys, hire more workers…
I trust both Co-CEOs and they seem good people that love the efficency. Furthermore, their interest are aligned with ours. They have all my support.
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Their SEC filing for the current round of funding says that if they get the target amount ($75M), that will last them for 24 months – well into the planned production period. What’s the rush for an IPO if they have money for that long?
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They need to come off their high horse with these ridiculous pre-ipo share prices. Every new round they offer the price goes up without even a facility or production car. Good luck finding any real investors that will throw away money at over $10/share.
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The original Aptera didn’t go out of business because the loan was denied. They went out of business because they put themselves in a position where they needed that loan to survive.
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I wholeheartedly agree with Peter, John & Adrian. I, for one, trust our Aptera founders. Their original plan got derailed by doing just what you propose. I got badly hurt when the tech startup bubble popped but I learned some important lessons. Leadership, confidence, competence, a well thought-out vision and plan, steadfastness, plus a passion for efficiency are a rare combination that gives me confidence they’re on a steady glide path to deliver a phenomenal product.
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I haven’t talked to a single person who had already heard of Aptera before I mentioned it. With Lucid Motors they’ve already spent a lot of money on advertising their inferior product, more people know about it because of that.
If Aptera goes public in 2023, the media coverage will be strong because a production vehicle will have been turning heads for over a year at that point, so it should IPO at over $5 billion valuation and not get overlooked by people who don’t know a thing about the company. Investors get excited when a company that’s a household name is about to go public, after the hype is already built. If you go public first and then build the hype that’s psychologically more boring to investors and the market cap would have to start out lower to garner interest.
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Plus in early 2023 there should at least be a mock-up of what the first 4 seater Aptera will look like; in that case it could IPO much higher than $5 billion…
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I wouldn’t invest in, nor buy the product of a company that made decisions based on fear, speculation and social media posts. Listening to investors is important, but fearmongering as a business plan spells disaster.
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From your posts I am not sure you have more that a superficial understanding of startup investment strategy.
Aptera does not have a “Board” in the sense you are referring to. The voting shares of the stock are held by the founders and current senior executives. A very wise move at this point. If you have shares, they are most likely Class B with no voting rights.
A large capital valuation based on an IPO does not insure success. Check out Lordstown as an example.
Good, savvy, experienced, and talented management makes the difference between success and failure. The management of Aptera has done wonders with what I consider to be a shoe string budget. I have partnered in three successful IPOs In the technology sector and am astounded (In awe) with what they have done with the little capital they have and have complete faith that they will be successful in bringing their vehicle to market and generate revenue. They will IPO when they feel most comfortable doing so and that will be successful as well.
It may be useful for you to do what you state in your last long post and support the management 100% and go along for the ride to success????
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I believe that Aptera is the right entity to make that call not “We” as the enthusiasts although we are certainly free to offer our opinions.
Here is mine. Having investment open to all channels seems like a good way to optimize investment opportunities for Aptera. Very efficient!
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I don’t think Aptera made this move independent of someone asserting an interest in investing with cryptocurrency. To make it possible for this investor means they could accept crypto from others as well.
I am no fan of crypto and am quite aware of its environmental issues. I also recognize its status as a reservoir of capital that presumably will translate into covering some of the expense of making the Aptera successful.
As far as trying to pain acceptance of bitcoin as inherently anti-environment, did you know that every coal miner in America was paid with U.S. dollars, which are also the major currency oil prices are denominated.
I mean I knew from the time my momma told me not to put money in my mouth because it is dirty … that money is dirty.
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Anyone else having trouble with the $100 reservation discount code?
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I am in already but you can try my referral code as they are all $30 off
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At least on the old site. There was an issue where you couldn’t apply the coupon if you had an account already on aptera.us. Try doing the order in an Incognito window & see if the $70 show on the last step of checkout.
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Every product or structure has an environmental cost to its creation and maintenance. This gatekeeping of products like bitcoin because of their environmental impact is ridiculous. Unless it is something like a windmill or solar panel which has the explicit purpose of creating energy, then the energy cost to create that product is secondary to its function. The Aptera car’s first function is to drive you places. We don’t worry about how much energy it takes to create an Aptera because the function of driving needs to be met whether we like it or not.
Also, we don’t know that bitcoin is necessarily using more energy than its traditional counterparts. If we look at bitcoin as functioning as ONLY a bank vault and compare the respective energy costs Bitcoin isn’t a clear loser. Let’s just say a fictional bank owns ONLY solar-powered ATMs.
– It costs energy to produce each of those ATMs
– It costs energy to distribute, install, maintain, and replace those ATMs
– It costs energy to maintain the severe network that tracks the money running through them
– It costs energy to run the heavily armored vehicles needed to transport money between those ATMs and the local vault.
– It costs energy to maintain the business’s regional office and employees.
In contrast
– The only energy cost to run bitcoin is the cost to run its servers and download the app on your phone.
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You seem to be forgetting about the apparently politically incorrect power consumed by crypto miners.
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“energy cost to run bitcoin is the cost to run its servers” – final line of previous post
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If I may, when I began mining in 2014 I used solar for about 80% of my mining. So, I can definitely say that most of my coins are very clean. But that only addresses coins that were mined by way of the Proof of Work (POW) algorithm. Though nowadays there are also so many coins such as XRP, XLM and Algorand that employ Proof of Stake algorithms which hardly consume any resources whatsoever. Why lump all coins together into the same category?
Furthermore, when you see what each mining rig performs in terms of validating transactions and keeping a resilient shared secure ledger of each transaction in a geographically distributed manner and then compare that to what environmentally conditioned Banks do and the jet set executives in their widowed corner offices, all the bank employees which drive to work and burn calories to manage your transactions and the blinded trucks with security guards and the non-secure SWIFT protocol used for wiring money and the fraud and identity theft and the fees and the paper mail statements and the advertisements, and the printing and transport of paper money and the physical coins and the buying off of politicians… on and on and on then one gets to realise how green a computer mining operation, even for the least efficient of cryptocurrencies can actually be.
To put things into the proper perspective, we must look at the whole picture and all factors in the entire monetary enterprise and all of its players and middle-people. The system that cryptocurrencies are supplanting is many times fold more dirty in comparison. Is there room to make it greener, of course. But the fact we are even having this conversation is an awesome thing. I’ve also worked for Wall Street. Not very green. Not green at all. lol
In fact, there’s a possibility that, with the excess power being generated by each Aptera, once that battery is to the desired capacity, why not mine cryptos with that excess capacity and get subsidised for that excess power that way? Otherwise it is being thrown away.
Yes, mining crypto is good for the environment, when you compare it to the filthy system it replaces. Staking crypto is even better for the environment. We all start somewhere and evolve. Crypto & its associated FinTech is the evolution from the traditional banking model. And staking is an evolution from mining. And tomorrow there will be yet more evolution along the way. Hopefully those will also be viewed from an holistic / wholistic standpoint as well.
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Oh, and I forgot to ask: What is the purpose of the Petrodollar and how has it influenced the environment as well as human lives?
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I believe Christian’s arguments are more comprehensive and certainly more accurate than the narrow perspective of “Political correctness of crypto mining” they are definitely more pervasive than the environmental costs of the relatively small incidence of crypto mining
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Do not go PUBLIC with your greed mongering thinking.
you make a few worthless dollars and the vision is lost.
Which car company you working for? GM, Fiat, Byd for sure definitely not aptera.
Just saying.
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SPACs should be illegal, I’m really surprised that the SEC hasn’t banned them yet. The IPO process is designed to insure that only viable companies are allowed to enter public markets, the SPAC has undermined that. Companies that are outright scams like Nikola and Lordstown have been able to use SPACs to prey upon gullible retain investors. When Aptera goes public they should do it the right way through a proper IPO.
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SPACs were developed to allow companies quicker access to capital. There are plenty of poor SPACs just as there are plenty of poor companies that went the IPO route. Aptera would be no worse for wear if they chose the SPAC route. I am in favor of them staying private for as long as their finances will allow. There is so much drag, inefficiency to being a public company. The IPO process is a marathon roadshow that can distract from the business at hand. Chris and Steve have done well so far and I support their decision to use small investors and private equity to fund the companies development. Go Aptera!
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Market structures have changed, but in principle I do agree. SPAC’s really exist to get around some regulations, which in fact are expensive to comply with that go along with an IPO. Higher standards are needed to qualify for an IPO, and the SEC has let the party continue on, by looking the other way, mostly regarding the SPAC’s. Either way, Aptera has to raise some serious coin to make it to production.
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If you believe Bitcoin mining is wasting energy – you do not understand what Bitcoin is.
Bitcoin is the only money / asset with integrated worldwide payment system. EVERY single fiat currency or assets like stocks, bonds, gold need multiple banks, payment networks, countless data centers, computers, office space … all using energy … to move money / assets.
Every person who has ever worked in crossborder payments, or stocks, bonds settlement understands this.
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I have, and I more than concur.
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Pre order reservation 30 % OFF
Here is my referral code if you need it:
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Does anyone know how much money have Aptera raised with the last financing round?
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I’m also wondering this… Last two times they shut the round down real quick and I think this last one has been open for a few weeks now? How is it doing?
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Yes of course, Aptera does.
You will know this information and more when Aptera produces its 2021 annual report and SEC filing.
There is no cogent reason for us to know this information at this time as we are not “Insiders” to Aptera strategy and planning, the purview of senior management and the CFO. Knowing how much money is raised in one funding effort of course is only part of the equation of financial status. Other things to know are budgets and run rates, capital expenditures, other expenses, cash flow, debt, and funds available.
So knowing one piece of the puzzle leads to all kinds of inaccurate prognostication ending in unfounded rumors that require management time to flatten when they should be focused on operating the company.
Let’s not stir the pot as you did before with a call for an immediate IPO and let management run the company. to date they have done very well. They are talented and experienced (MUCH more that you and I) Sit back, relax, and enjoy your Aptera when it is ready and sell your shares for an insane profit when the right time comes.
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Well said????
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While I’m deeply curious, I’m more interested in staying out of the way and not distracting the team from their progress. I’m grateful that the founders have returned to their dream of building the world’s most most efficient car.
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Great post Paul. An example we should all follow.
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Aptera raised $20 million in the previous funding round, which was $10 million more than their goal. This round hasn’t finished but they intend to raise $30 million. Given that they raised $20 million in only one week last time, mostly through individual investors, they are very likely close to ending this round as well, having met their goal again.
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I am more concerned of cryptocurrency not having any value other than speculation. It only has value because people believe it does and people keep buying into it, raising its price. When people lose interest, and less people are trading them, the price will drop.
I personal do like having money being centralized and being backed by our government. It adds some sense of ‘accountability.’
I believe the block chain idea is great, but there should be some regulation in place before any businesses begin taking cryptocurrency seriously … especially for a start up company, which is a risk in and of itself.
I do not believe the right question is whether “cryptocurrency as payment is clean for the environment?” I believe the right question is whether “Aptera should put their faith in a versatile and questionable currency as a form of payment during their critical phase of development?”
China have decided to banned cryptocurrency-related transactions due to “concern around national security and safety of people’s assets”
There is an ongoing lawsuit against Tether since they are acting like a bank that resembles a Ponzi scheme.
Of course, I am not part of the board and I do not know the decision making process they went into coming to this result.
I made some investment in Aptera, so I am just sharing my opinion and concerns.
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The environmental impact is terrible and the energy use per transaction dwarfs normal transaction processing by 3-4 orders of magnitude. Etherium 2.0 with all the planned features like sharding has some potential to be a functional currency in 1-2 years but until then all crypto is a speculative way of holding money with a system fundamentally secured by wasted power. If someone makes a more efficient miner they make money and the difficulty just scales to keep the power usage rising.
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Curious which round investors came in at?
Bought in Aptera’s last round.
Doubled down again on this current round.I absolutely love what the company is doing and what they stand for.
Solid co-founders and management team.Been following Tesla, Rivian, Sonos, Lucid and it would be great to see Aptera’s public debut (SPAC/IPO) be as successful.
I did a thought experiment for the worst case scenarios to keep expectations in check though:
They take way longer to go into production resulting in a delayed IPO/SPAC.
Severe market downturn or cooling off of EV mania, resulting in only a $1b-$3b public market cap debut.
Lukewarm public interest beyond the niche community of Aptera lovers.If the above does become reality, would I still have invested?
Absolutely. Only regret was not having been part of the first WeFunder raise.PS: Mad kudos to anyone who took part in their 2019 WeFunder campaign when they were only valued at $25m!
