I have a mechanical engineering background, and when I was in school, I was on our solar Car team. This was way back in 2002. We raced from Chicago Chicago to Los Angeles on route 66. I can confidently say what Atera is claiming about the performance of the vehicle is totally within the realm of possibilities not a pipe dream.
The only thing design wise that concerns me (I’m a Mechanical Engineering also) is the skin cooling system. When the pavement is hot, I’m just not sure how it could work to use the smooth underbelly as a radiator with no fins of any kind.
Of course it's doable in some form. The Gamma is driving around occasionally. The issue is if Aptera company is ethical? They have been very poor at demonstrating that and the video lists alot of issues. For instance, very real possible result being hidden: LE gets 8 mile/kWh, 80% of 42kWh battery range is 270 miles, solar delivers annual avg 2.5 kWh/day=20 miles/day, $40K. Some fan boys will suck it up but the future is a sinking ship. All investors will lose everything. Not one defining performance spec has ever been demonstrated and no price updates for some 3yrs.
That's not the issue and their claims are probably accurate. It's not in production and in 2023 they are still working on their Gamma prototype promissing production as well as deliveries to customers in 2024.
@@mylesgray3470 My engineering degree focused in heat transfer, fluid mechanics and reactor/process design. I expect after necessary iterations the skin cooling will provide enough cooling. For normal quality roads and parking bumpers, I think the wheel covers are too tight and low. Resolving that will help cooling. I suspect they are struggling to get 10 miles/kWh under full weighted normal conditions and can't afford to back off the covers to improve usability.
@@artsmith103 Well, with enough surface area, and not all of the belly area being close to the ground, it should work. I’m interested to see how they do it, as that would be the first skin radiator on a car. I think your right that the 1000 miles on a charge is something they have latched onto but is likely not actually going to happen. I was planning to get the off-road version of this car for wheel skirt clearance myself but at this point I’ve altered purchased a Tesla Model Y and will likely buy a new Prius instead of the Aptera since that car is really quite nice. Still rooting for them though, and still have a reservation.
The problem is that they aren't "doing it". Here we are at the end of 2023 and no production date yet. Just a lot of selling to investors and spending money on refining the design. At best they are letting perfection be the enemy of the good.
doing what? a product that will not be competitive? well great. anyone can do that. yes they put maybe more effort then other schemes but same result. and your tricycle will be not serviceable after they go bust again. they actually don't even have the battery yet. and it will be NMC. it's actually stunning how you can make it this bad for 30 000
1) It's not competitive, 2) Aptera has already folded once and has operated with a net loss every single year, and 3) the car is ugly af. Aptera is about as much competition on the EV market as Blur Origin is to SpaceX.
So far the argument that a STARTUP COMPANY is doomed to failure because it's reliant on investors and grants for their operations instead of revenue of the product THAT THEY HAVEN'T RELEASED YET seems pretty dumb just on the face of it. That is basically the position of every single startup before it's product is released. Are startups risky? Yes of course. Are they all doomed to failure? Obviously not.
Well put but Tesla could have easily failed a dozen times over. They were well financed and VERY lucky. If Aptera gets afforded the same opportunity with the ATVM loan then they are all but certain to make it.
Well then, Aptera is already one up as they have a bankruptcy under their belt and yet came back like the Phoenix they are. I didn't like Aptera the first time because they were a gas hybrid at that time... They were simply too early. But now, they are going to be awesome.
@@ccibinel True Tesla almost failed a couple times, but Aptera has an easier task in front of them. And two experienced motivated technical leaders at the helm. Electric vehicles and crowdfunding are now both main stream … two big advantages for Aptera relative to what Tesla faced. Aptera just needs enough money to prime the pump, and that seems to be happening. 😀
Compare to Tesla - Aptera is in FAR better economic shape that Tesla was after the same time frame, and has been far more open about their work that most companies. As far as "no prototype" - my wife and I have both ridden in an alpha prototype back in November 2021. Much of what you claim not to know is contained in the SEC reports. Just because you don't know how to do actual due diligence does not mean that Aptera won't be successful. It is certainly true that Aptera is a risky investment - but certainly not as risky as Tesla was at the same relative point in time. Aptera has been very open about how AI has been used in developing the vehicle. Aptera is delayed because the vehicle was re-designed once pre-orders exceeded 41,000. The body is now going to be produced by C.P.C. Group of Modena, Italy. More than 92% of the vehicle parts already have master production contracts in place. The "put together on the fly" is your opinion, based on a lack of actual due diligence.
Agreed...Warren's research was lacking. There is a HUGE difference between being new and on a shakey financial footing as virtually the only company planning to make EVs vs trying to break into a market with 100 competitors already in production.
Tesla absolutely needed and got the ATVM loan to make it. Not many would question Aptera's chances if they are given the same opportunity. Government policy works directly against Aptera with a $7500 tax credit disadvantage.
Aptera as still been raising $300-400k per week, and ~$2 million in week 20. This is a startup, so of course it's risky, but some people are investing to try to move the industry forward and hopefully get this car in production.
@@artsmith103 people who've invested are aware that if Aptera goes bankrupt they aren't likely to get their money back, so a bit of both probably. People should never invest more than they can afford to loose... Just like Vegas, except here hopefully we're moving towards more sustainable transportation.
@@michaelkolozsvari3575 I have heard a lot of immaturity from that crowd in somewhat denial of Aptera failing every delivery promise and never delivering performance demonstrations. They are delusional calling the company Open.
@@michaelkolozsvari3575hey, i’ve just found this car and there are less than 500 spots left for the accelerator program (invest 10k and get partial ownership of company + one of the first 2,000 models shipped). I’ve genuinely only found good things about this company, i’ve been searching for bad things and even this is a bit iffy at best. What are your thoughts on the company’s future now? should i pull the trigger?
I believe my reservation is around 15,000/39,000. I’ll probably never actually get one but I might. I still like the design concept of the car but it’s all about safety and reliability for me. Time will tell on that.
Good luck with that. “Delivery dates” have been missed several times now and there’s still 0 information on any real world data. They don’t even have a final prototype yet. You’d be lucky to get anything within the next 2-3 years at a 50% higher price. Insane how shady this company is
I wished that Warren would have taken more time to research this company before putting out a hit video. Especially after all of his rants against Gary Black not knowing anything about Tesla's technology. There is plenty of information out there about them beyond their web page and they produce regular updates on their progress toward launching.
APTERA is a Pump & Dump FRAUD. the President/CEO and CFO are Fraudulent. APTERA cant even get SOLAR working in Prototype Vehicles. and IIHS+ and NHTSA wont even give APTERA a SAFETY rating.
Me too. I went to the web page and there is nothing wrong with it. There is a "reserver" button in green right at the top and it sticks out. You have to go to the pull down menu button to get what Warren is seeing.
@@squidbeard492 - APTERA is built on Foundation of FRAUD. just like Nikola under MILTON. Aptera does NOT have much own Technology, they dont even build BODY in-house.
@@squidbeard492 - APTERA is a Pump & Dump. they need INVESTORS to keep PUMPING cash into APTERA , and they in turn keep BURNING CASH at Increadible rates, with LITTLE results. APTERA is not CASH efficient , never will be. there are BETTER company to INVEST in, such as RIVIAN or TESLA. APTERA is a broke DICK dog. you will never get your MONEY out.
I can't wait to get one! What a perfect vehicle for commuting. Charge with a 110 outlet as needed. Fast, fun, efficient So efficient, bugs flow over the windshield, less to clean. Seriously, average vehicle on the road are Hogs: Transporting one individual. In California, fuel pricing is $4.50 a gallon for regular. It's gonna be $8.50 within two years (two of the five refineries are closing soon). It is a niche vehicle that makes alot of sense. I really want to see this car on the road. Yes, it is time for a better way to get about, responsibly.
If this car becomes a success, then it will be the most important new car because it will force the mainstream car manufacturers to play catch up. Whether that becomes true or not, we will see.
Sandy Munro is a consulting expert in manufacturing processes. He's not a business analyst or an automotive engineer. And what share price did Munro pay for his stock? What liabilities did Munro & Assocs. incur with their "involvement"?
@@daveinwla6360 If you think he's not an automotive engineer, you got another thing coming. Dude has more automotive engineering experience than practically everyone else on the planet. Dude is old as dirt, has worked with almost all manufacturers, has worked in many other industries including aerospace, and is basically THE guy other than Elon Musk for making a profitable product at volume be it a medical device or car. Arcimoto asked him to help them but then didn't listen to his suggestions for production which resulted in a cheaper production process but more expensive product with smaller profit margin. So fail on Arcimoto's part.
@@TecnamTwin - You've just confirmed that Sandy Munro is an expert in production methods, not automotive engineering. He says himself that he started as a production tool designer, not as a designer of automobile systems. IOW, you believe what you want to believe.
"...dive in..."?? 🤣 You barely even scratched the surface and your suspicions are based on old/missing information, but good job reading the boilerplate SEC risk advisements. Looking forward to your follow-up once you figure things out.
@@WarrenRedlich it is a GAAP requirement based upon capital raised and cash burn. If memory serves, when "going concern" rules were updated around 2018 or so, there was a big hoopla that Tesla/PwC SHOULD have filed a going concern disclosure based upon their numbers but skipped past it using some boilerplate language from prior 10-K filings. How far into their evolution was Tesla in 2018 vs where they are today?
you're a total moron. aptera already failed once. Elio failed. tons of other similar companies failed. this new iteration of aptera will fail too. keep hoping and dreaming
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
You haven’t heard the ceo speak? How much research have you really done? It seems like you looked at the website and decided they will fail. I was a fan of yours Warren but your losing me
I’ve been watching your channel for quite a while, Warren and enjoy your commentary. As an engineer and an electric car driver I have insight into automotive efficiency and Aptera by far is the most efficient. Yes, bringing a business to fruition, requires other skills, all start ups, lose money, and require investment . I’m surprised that you can say you haven’t listened to the owners /designers of the Aptera, and can say they’re going to fail with what seems like minimal knowledge.
@@WarrenRedlich This is a real issue. Aptera measures efficiency by miles/kWh but they are competing with only 2 seats and 3 wheels against everything much bigger. Without roof racks or a hitch, this little 2-seater gets even smaller. If it's an efficient little people mover it needs to do that cheaper than everyone else but the price is 2x appropriate. If efficiency is their only achievement, that points towards small battery to leverage that and for shorter range commuter, solar could be economical battery extender vs bigger battery. Marketing this crap car in the 400-1,000 mile range is ridiculous. Another issue is battery charging. They tout big battery for range cudos but also say can charge via 120V. Those don't go together. Max 120V is 20amps = 2kW and that leads to 10kWh battery. If they can deliver 10mi/kWh, maybe at slower more efficient commuter speeds, that puts them in 100 mile range. But if solar adds 30 miles/day then the car could go 50miles/day for 5 days on one charge. Exceptional for 10kWh battery but that's not what they offer.
@@artsmith103 Their shortest range model is the 25 kWh build with 250 mile range. It will be a great commuter, but will also be able to handle road trips pretty well as our charging infrastructure expands out. With front wheel drive and full solar it was originally pricing out between 26 and 27K. We will have to see what their updated pricing will be after the COVID, crazy supply chain constraints, and the last 2 years of inflation, ... all shakes out. They have been transparent about this and have said they do not want to update pricing until they have all their supply contract ducks in a row, trying to avoid those promises that made so many start-ups like Rivian sell 10's of thousands of their first off the line vehicles for significant losses. This small start-up will not be capitalized to survive a scenario like that. Tesla's prices regularly jump up and down and all around. Until orders are finalized and contracted this is what happens. When you choose your desired build, and plunk down your $100 or $70 reservation fee they clearly say the pricing is not fixed ... These are not contractual agreements. They need to be making a profit on those first 2,000/10,000/ ... vehicles sold. They don't have billionaire, or Amazon, or the Saudi's backing them.
You have a bad habit of commenting on things you don’t know about. Sandy Monroe has a different opinion of this auto. I trust Sandy and his confidence in the Aptera. You are reading from an old document. Please educate yourself BEFORE you run your mouth.
That is the only thing I learned from this video... And that he said "I didn't look into it" a lot while simultaneously saying things that require you look into the topic...
@@D0li0 And, he also made a LOT Of guesses and assumptions and personal opinions and obviously biased statements that jumped to opinion/conclusion/and "guess"es without taking into account reality, history, or science
@@aussieideasman8498 then you didn't read any of my other replies listing the many very specific errors. But do go ahead and list some discrete additional reasons he might have given he had done any amount of actual research...
I cant tell if this is intentional lying and spin or if he doesnt actually understand what he's talking about, yet thinks he does. I do know that he reputation is taking a hit with these dumb videos.
Yes Aptera is still in need of investments, but look at what Aptera has done with what they have recieved, compare this to any other start up. The main delay in start of production is the switch from starting with low volume production to a higher volume production. the other compains that have started with low volume production have or are failing. Concerning prototypes they have them and have shown them. The current higher volume production prototype will be completed in September. A lot of your info is out of date . This review is what is a failure.
I'd never heard of Warren Redlich before seeing Steve's rebuttal appear on the Aptera Owner's Club channel, but it is very apparent Warren did NOT do his homework on Aptera, just relying only on the web site and SEC filing. The Aptera executives have been very open in discussing their progress both in design and development, but also in selection of suppliers and components and how they are creating the manufacturing process. Having seen all that, I do believe Aptera will succeed. I will be happy to buy one after they reach production status.
Buy one after production starts. Don't invest with 2nd tier stock before production. There are a lot of problems hinting at No deliveries. Just protect yourself from that.
@@WarrenRedlich I don't know the frontal surface area in square inches, but what Aptera talks about is the coefficient of drag. The weird dolphin-like shape of the car, including the rounded front, is designed to reduce drag. They advertise the coefficient of drag to be 0.13. In comparison, the Tesla model 3 is advertised to e 0.23, the Porsche Turbo 911 S is advertised to be 0.33, and the Ford Lightning truck is 0.56.
Hi Warren, stop shitting on Aptera, if you don’t like the vehicle or the company and you think they are gonna fail, just don’t invest in it, remember Tesla was at same stage more than once during the initial start up phase, what I don’t like is when new company is trying to get form start up to a profitable company, people keep beating them down with their pessimistic mystic ideas, give this company time to achieve their goal.
Your ignorant assumptions and strawman arguments have convinced me to invest more in Aptera -- nicely done. Have you nothing better to do with your time than to advertise how little research you do to form your opinions? I'm not even going to bother informing you. Instead I will use your video with those genuinely interested in being informed as an example of confirmation bias. Thanks for the perfect illustration!
You should invest much more in Aptera. The more the better. I gave the same advice to the Sono enthusiast, who had enough money. Dumbness has to be punished. The harder, the better. And a lot of Sono enthusiast learned their lesseon meanwhile.
@@Jeff-wx3tx So you will block a whole supercharger stall (maybe 2) for at least 40 minutes? Hopefully not. Go to another low level charger. But wait: They have CEE. Too bad. And even the 50kW charging speed of the Aptera is still a phantasy. I think they did not build an DC charger electronic yet. And did not test it. Thats the reason why they did not want to include it in the first production run.
I found this video very disappointing. I was hoping for a detailed discussion on the real technical or market reasons Aptera will fail but instead spent 40 minutes listening to you crap on the companies finances without bothering to learn anything about the founders, development history, or the current vehicle design. Not my cup of tea. Two thumbs down!
Hola. I have lived in Xalapa, Veracruz, México for the last 51 years and I can see the potential for Aptera in this country where there are so many sunny days during the year. I can see the Aptera as the 21st Century version of the "vocho"(VW Beetle) which was so prevalent in Latin America during the 1970's to 2000. I can't wait for the oportunity to get an Aptera to promote the alturistic programs of Rotary International(End Polio, peace, etc) with a "Caravana de la Salud" which will go all over México. If anyone is interested in participating with our Rotary project, please let me know. ¡Que viva Aptera! ¡Que viva Rotary! ¡Que viva México!
His Podcar is just as bad an Idea. There is no way that he can compete with Tesla. Any advantage he may have by going for a smaller, lighter vehicle get dwarfed by Teslas Mass Manufacturing. And that's not even counting Autopilot, which he will have to license. Maybe he can take a page out of Apteras and Lucids Playbook and just turn the Idea into a snowball scheme.
Google commuter cars tango... For a three decades old version of the h podcast that beats sono, FUV, and all other pod micro cars... Just needs the angle investor... I think it would look great in stainless steel... Wink wink nudge nudge... ;)
So your point is that Aptera is a risky investment. Duh. All EV startups are risky investments. There are reasons to believe this one will succeed, as well. One of your worst, Warren.
The statement about Aptera being able to recharge 40 miles is taking into account how little energy is required per mile to move the vehicle due to it’s extremely efficient aerodynamics.
@@WarrenRedlich sigh... You say "no", but then gave the efficiency value that is identical to what you were replying to... So you meant to say "yes" but you don't understand that you said the same thing. The solar can collect up to 4kWh per day, good for 40miles, or 12-16miles if used in a Tesla. It's the same reason they can travel 2x to 5x on the same L1 or L2 or DCFC input over time... So an Aptera at 50kW is equivalent to 100-250kW in a more traditional BEV... You don't have to believe the CD values, but they have done the leg work, and it's legit. And! It applies even more so at higher speeds... Cause that's how aerodynamics work... It will lose less range at 80+mph than other vehicles do... You should perhaps go watch the plethora of easily accessible information about their past few years of prototype progress... Sigh...
@@WarrenRedlich You're reply is the same as "no, it's based on the charge rate and the efficiency". Which is exactly what @Zanzamar said in their post. ?!?!
@@n.brucenelson5920 Here's your explanation: 10 miles/kWh and ' how little energy is required per mile' are talking about the same thing, only Warren used a claimed figure and that clown Zanza was about as vague as one can get. You should have spotted that.
Warren, do the research before you put out a hit piece. Your technical doubts and questions have been answered. I agree, it is now a shaky business investment proposition that was hurt by Covid, supply chain issues, and not qualifying for the $7500 tax credit. At $25K with a tax credit is would have been wildly popular. At $33K without a tax credit, it will not be popular. Munro and Associates has helped them with the manufacturing plan, which BTW is NOT 3D printing. Aptera needs an angel investor to buy the machinery. I threw $1000 at them a long time ago. If they had gone 10X it would have bought a modest cruise for 2. If it fails, it was a bad night in Vegas. Your rant did not offer anything we did not already know, and certainly this video did not add any value.
There is still that under $26,000 Aptera build with front wheel drive and the smaller 250 mile range battery pack option. These two build options actually make your Aptera all the more efficient, and cheaper to operate. The solar rear hatch looks like it might become standard now, as the premium sound has. Solar on the front hood may add $300 more to your cost. We do not yet know how inflation might factor in.
2:18 into this video and you’ve said they’ll fail multiple times after already admitting you’ve never ever heard the owners speak about the company. World class evaluation you’re giving.
I am expecting the up to 40 miles per day being more like 25-30 miles per day on average, which would still mean many people will not have to charge for their daily uses. As far as long range they still have access to the Tesla super charger network and can charge at 50kw. The body is largely a snap and glue together kit with very few parts. They do have a lot going for them but that still doesn't guarantee that they will be successful. The Aptera is definitely a niche product but it is one I can see taking a spot in my driveway.
That was Spiro, not Spire, and besides, the quote should be properly attributed to his and Nixon's witty speechwriter, William Safire. Anyhow, nice choice, I agree !
1:35 "This is why the government should stay out of private industry"....meanwhile you're a total Tesla fan, and that company would have failed several times over without all the CARB credits, grants, and EV tax breaks that preferentially supported Tesla. Not to mention the stuff they did just to fulfil the grants, and then never did again, like hot swappable batteries.
Warren you see all the comments here??? Maybe you should RE think what your saying here. Aptera has very well fleshed out cutting edge engineering concepts, yes it very different, and yes the numbers are mind blowing, but unless you’ve really done your homework me thinks you don’t really get the math and concepts behind Aptera. You usually do good stuff, but I’m left wondering if you lost it here, or do you really have another ulterior motive here. Your doing your many fans a GREAT dis service. Really
Aptera is poorly fleshed out on the engineering front, but Warren was only looking at the financials, so try to stay on track. BTW, more people smoke than whinge to Warren, and it doesn't mean smoking is right. It's Airhead749.
Hi there! I watched your video very intently because I am always looking to make sure that I have as many angles as possible on everything that I am interested in including Aptera. I noticed some things that I wanted to point out not because I believe your video is bad or anything, but because I wanted to give you some of the context you may be missing. I also had a few questions sprinkled in there so please bear with me. 1. A circular is expected to be updated monthly for an established company making a product. For startups, it is much more common for their investment information to be updated quarterly, especially in the case of a company producing a complicated product like a vehicle. I do realize that even with that context, Aptera is due for an update. 2. Every company is a company that can fail if they don't raise money. It is the nature of a company that if they don't make money they can and probably will go out of business. I don't understand why them telling you that up front is a sign they will fail when several other startups have said the same thing (whether they were successful or not including Tesla). Every investment is risky until it isn't and I am not sure why this constitutes a conclusion as to why they will definitely fail. 3. "They do not have a full working prototype with production intent components" is what that sentence should have said... They know what they want it to look like hence the alpha that you showed. If I remember correctly, it has off the shelf parts and the body is not produced by CPC group. Even the gamma vehicle as far as I understand it does not have the final chassis from CPC. The article you cited was not put out by Aptera motors... the only people claiming they have a piece of tech that is in existence that is ready for production are people not directly involved if I am not mistaken. 4. The only vehicle I can compare the Aptera to is the Polaris Slingshot, so here we go: a Slingshot gets 200 miles of range max and costs 21k. The Aptera starts at 250 miles of range and 25k the slingshot is 1600 pounds and the Aptera is 2200... its really not that different than a slingshot with a much much larger trunk. I don't know what you are expecting when you say it weighs too much when it is a BEV which are known for being heavier in general than their ICE counterparts. I guess my question is how closely can you compare the Aptera to anything besides the Slingshot which isn't a good comparison because Aptera is supposed to be an enclosed vehicle for two passengers with so much more cargo space than the only thing I can fairly accurately compare it to that I really don't get how this point constitutes Aptera's failure either. As a side note of this point: the model 3 you compared it to costs $53,000 for its highest trim available that gets 315 miles. Aptera's highest trim with most of the features you can get on the vehicle is $51,000 for 1000 miles... Not a fair comparison at all. 5. Look into a company called Elaphe Motors. They build in wheel motors for 40 or so different vehicles from several European manufacturers to great success. They are the company also providing Aptera's motors and they are in the beta and gamma vehicles that aptera is testing systems in for their production intent vehicle. 6. I agree with you on the market size thing only to the extent that no one knows the future. They could sell to these markets and they might not. This doesn't feel thrown together to me personally, but I do agree they may be optimistic about some of these numbers... as most companies tend to be. I notice that most companies tend to overshoot on their goals because they like making their company look nice to investors. Again if this is a reason for them to fail, 90% of the companies that exist now should probably fail. I think that about does it for my general thoughts. Again I appreciate the perspective you bring to the table, but I think that if you dug a little deeper, Aptera would probably look more favorable.
Ninge - Point 2: If you say it's fine for them to warn people, what's wrong with Warren doing it? 3: All prototypes had elements of fakery that were lied about to deceive the people. 4. Your comparison is of something that doesn't exist with one that does, and Warren evaluated the company, not the silly trike. Stay on track. 5. Warren mentioned Elaphe. He didn't say they will fail. Elaphe has provided less motors than they have wheels on prototypes, and have had 3 years to ship them. 6. Had Warren dug deeper, there would be more reasons to think it will fail. I have plenty of videos with reasons nobody can refute. I have also refuted dozens of lies made on videos wanting to profit by their wild promises of discounts. Most have blocked me - the American way!
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
@@RomanChaar if you don't mind, could I make a video from these problems? I think that may be the most comprehensive way to talk about them since typing my response could take a while... XD
You need to do more research before jumping to conclusions, I agree Aptera will have a difficult time competing, but they do have a prototype and a place to manufacture. If it would have launched two years ago it would have had a much better chance of survival, but launching into lower prices and IRA credits on a improved Model 3, and soon next gen Tesla, I don't see it.
I watched a lot More about them in the past month, but I don't know if they have any factory ready, they say theyre near production and their other innovations like the simplified wiring look solid. But even teslas first years had bad financials. As an investment I would not touch those bad stock rates. But as a new form of vehicle it has a lot better chance to find a market than another overpriced sedan.
He makes way too many Wilde guesses over the tech and specs of the áptera that most people already know he is wrong on. I think he has good financial points, but he has very little technical understanding.
@@nooneno12 You said what I was thing I was trying to say. The financial part about being risky and it might not be a great deal for later investors is true but I think that every start up has the same deal for initial and subsequent investors. Warren is not correct about the technical aspects. Sandy Monroe has looked into this car deeply and is very impressed. You can’t bullshit Sandy. Also people have driven and take rides in the Gama prototype. Warren need to take a couple hours and watch some of the videos.
I could be wrong, but the circular as far as I understand it needs the vehicle prototypes to be production intent vehicles. None of the vehicles aptera has as prototypes are production intent and therefore they had to say they don't have any... even though they do have something drivable with a lot of production intent components... its silly in my opinion that they cant call them prototypes by definition in spite of the fact they exist and are drivable.
@@EdwardBartel delta (which they haven't announced or shown off yet) is their production intent vehicle. That is if they are still doing the same plan that they covered late last year. Gamma was the vehicle that they took to CPC for them to model for the carbon fiber body. It has a lot more production ready parts and the solar panels and battery pack are functional together as far as I understand.
@@theninjineer Actually they sent their body engineers to Italy about the time they were putting together the Betas. The gamma is the production intent vehicle if they had gotten only 1-3000 orders. It uses the kevlar urethane laminate and combine that with hybrid kevlar and carbon fiber weave used to make the beta models monocoque internal body. The Launch vehicle is the delta design, so they have showed it in CG.
35:32 "Are they gonna be as efficient as a Tesla? Probably not" Your Zealotry is on _full display_ here. What is your basis for that? You have none. It is a wild guess. The fact of the matter is, Aptera understands the religion of energy efficiency as well as Tesla does and if anything they have taken it to a logical extreme, almost to the point of absurdity. The question is not will Aptera be more efficient than a Model 3 because it definitely will be. The question is only, how well will Aptera's manufacturing techniques scale? I don't think this will be a mass market car, or even a high volume car, especially given what GigaMexico is likely to become, but you are a fool to be this dismissive of Aptera knowing as little about them as you do. Example: you didn't even know that the two CEOs are the founders of the original company, which folded due to mismanagemnet after they were forced out. These two waited for certain legal agreements to expire and then went back and bought back their own original IP and relaunched their own company. They are visionary founders, just like Elon. And there are already plenty of Tesla fans not named Warren, who are champing at the bit to have an Aptera as their second car. Your smugness is extremely offputting, and lose the Schadenfreude. You should want all EV makers to succeed except Ford, GM, and Toyota because fuck those guys. You should be rooting for Aptera and sad about Arcimoto and Lightyear.
There is no Schadenfreude here.... It is a "sober" responsible warning to "less sophisticated" amongst us... Go ahead, invest in Aptera, sounds like a "perfect fit" for you... 😂
Elon didn't even found Tesla. He's a typical vulture capitalist. He swoops in on a company does his Elon stuff and then acts like he created everything that is good. Typical rich white boy with daddy's diamond mine money.
Anyone with High School physics can see straight away why an Aptera would be twice as efficient as a Model 3. And this is isn't to take away from Tesla's achievement but the Aptera makes NO compromise on economy whearas the Model 3 is designed to resemble a high end executive compact car. The 3 makes much more sense than a 3series but most people can 't afford a BMW or a Tesla and they'll want an Aptera.
You attacked the idea that aptera has a market, by saying each segment of their target audience already has something to fill their needs. You then went on to talk about your single seater idea... Does that not already have products to fill that need? Or did you forget electric bycicles exist? Btw, a quick browse of your channel returns no videos explaining your concept or anything you are doing to bring that concept to market. I'm guessing its just an idea in your head and you've done absolutely zilch to try and make it? Guess what? An idea is worth nothing on its own. I dont disagree that aptera could fail. Companies fail all. The. Time. But man... This video comes off as you just being a pure hater. Nothing more. You are citing an older document and did zero additional research. They dont have prototypes? Okay, I do wonder what vehicle is being shown in all those videos that are easily found on youtube is then.
Sandy Monro designed Aptera's production line as well as reworking the vehicle. Edit Aptera uses Tesla charging system so road trips or just needing a boost for in town driving are not really a worry IRC the last Aptera start up failed because a MBA was put in charge of running the managment.
And that management kowtowed to Detroit and wanted to fundamentally change their design premise of efficiency. Steve and Chris aren't letting go this time around!
Sorry Warren... I i know you are not one for deep research. But making a 40min video dumping on an (undisclosed) competitor to your own startup... Just based on a quick visit of their website and the read of a 6 months old document you found there? Looks a bit shallow to me even based on your usual standards. The publicly available answer to your question "How to go from no prototype to close to production in 6 months" is one word: Munro.
Munro has been with them for more than a year, and the silly trike will still be close to production in 2024. That's much longer than 6 months. And there were 4 prototypes before he got sucked in.
@@aussieideasman8498 no need for derogatory terms, imo. There are definitly many valid usecases for that kind of vehicle. Question will be if they can do it for a fitting price.
@@percurious There are bigger issues than calling the trike silly, and doing so doesn't eliminate a single one. There are great use cases for George Jetson's briefcase that turns into his flying saucer, but it's not the use cases that are the issues - it's the fact that there is nothing that has shown to work. After 5 prototypes, one would expect proof of being fit for purpose. Hasn't happened. My question is can they do it? - no price concern at all. People pay $20 for a handbag, while others pay $20,000 for one that does the same thing, but both are real. Same for watches, art (add millions), and just about anything; but all are real. This is vaporware and snake oil territory.
@@aussieideasman8498 Why make everything into a religion? If you dislike it, ignore it. If you resort to calling it names, maybe consider questioning your own motives. Or reasoning. Same as Warren. No need to protect the world from a small startup.
@@percurious "Why make everything into a religion?" Who has? "If you dislike it, ignore it." That's my choice, and there is nothing wrong with telling others. Do I say people who like it should remain silent? No, but I do say they shouldn't lie about it. Plenty of those around. "If you resort to calling it names, maybe consider questioning your own motives." Well past that stage, and firmly set on resorting to calling it a silly trike. What now? "Or reasoning." I have some of the best reasoning in the business, and you don't know the half of it. "Same as Warren." I'm sure his motives and reasoning are quite different to mine, and has he made a religion of it? "No need to protect the world from a small startup." I agree, but there is a need to protect the gullible from some small startups. You should try it, sometime.
If you charge 40miles/day and use 30miles/day on average you can take a longer trip once in a while since you add 10miles/day (=1kwh) on average to the battery. But I agree, it’s a long stretch to say most won’t never need to charge.
@@fredbloggs5902 yes (my point was more theoretical), also those owners need to exist in the first place too, since there is no product yet. A similar company „Sono Motors“ just went bankrupt with their self charging car, the Sion, in Germany.
@@aussieideasman8498 Actually it is, but I'm not the one claiming analysis on TH-cam without doing the research. I'm also not inclined to reward someone who hasn't done the work I have. Research, not that easy?
@@MonsterSound.Bradley "Actually it is," Then no excuse. "but I'm not the one claiming analysis on TH-cam" You don't have to be, so that's still no excuse. You can explain to readers why you need to be the one. I am very interested, myself. "without doing the research." Neither is Warren doing no research. He put up the very documents he researched. He even said how far his investigating went, and that became an accusation against him by the real dopes. "I'm also not inclined to reward someone who hasn't done the work I have." If you don't list, your work is good for nobody. It is only for your own benefit, so you ought to keep it to yourself. That means, say nothing in the first place. "Research, not that easy?" What's this about? When I said "not that easy", I meant answers - that's the topic you gave. Stay on topic. Of course research is often hard, but it depends on what one researches. I also agree that his video would have been better had he done more research, but it was convincing enough on the documents he used. It's your "be less wrong" I am disputing, and I am inclined to tell you to listen to your own advice. Actually - just be less heard until you get a brain.
Your menu logic and how it lists the "Invest" and "Accelerate" options first is very skewed and I would say you're being disingenuous . When someone goes into their website the first thing they see is not the menu. Heck the menu is somewhat hard to notice especially if you're not looking for it (it doesn't even pop up). The first thing we greeted with on their website is the background video of the car and "Reserve" in bright green. This is what stands out first to anyone who visits their website. So to me it looks like first and foremost, they are pushing their product. Of course there's a big chance that it will fail, it's a start up after all and no one is denying that but there's no need to show something out of context just to prove your narrative.
Love that Tesla is working with Aptera. Warren needs to do more homework. I for one would love to spend my money on a vehicle I will never have to spend money on fuel ever again. If I ever want to do a road trip I'll hop in a Tesla but for every day use in town... Aptera is my pick.
@@williamminehan4416 Aptera is not Tesla, just like a Lightning is not a model 3... Completely different vehicles. The fact that Tesla doesn't use PV has zero bearing on why it makes sense on the Aptera. But you have to invest in understanding the engineering to see why.
@@williamminehan4416 I'm not going to go into it here. You just got to educate yourself and do some research. There is a reason why it doesn't work on a Tesla and does on an Aptera. It's already proven... like 2 years ago... this is old news. Just open your mind and do some research bro. Sandy M. also talks about it.
The fact that he opens telling us that he was mistaken when he called Lucid Motors a scam (prematurely working off incomplete information) tells us everything we need to know about this man. He is willfully ignorant, and has no problem calling a company doomed without doing any real research into Aptera, beyond looking for small marketing points that don't make sense to him. All of the issues that he has with Aptera focusing on investments now, and being risky, are common to ALL startup businesses! Ironically, he is probably doing more to promote Aptera than to shoot it down, because as people research for themselves the facts will show if the Aptera is a good fit for them or not. Also, looking into it this guy is trying to build and sell a single seat "robotaxi" EV, which is probably the reason why he wants so hard to discredit Aptera.
Warren, you know little about the Aptera progress or design. It shows in your comments.. You aren't up to speed They can't get revenue until they have volume manufacture lines set up.. That is why they want investment now..$150 million. We shall see hopefully they will get this investment based on over 40k reservations. Engineering is well thought out and tested.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
@@Dularr maybe, but it's hard to raise 100 million cash in a car company, ESPECIALLY as interest rates rise. Car companies make super small margins, so an investor would rather put their money else where than take a HUGE risk with aptera which will be very difficult to make margins at scale. Elon didn't brush off aptera for no reason at the shareholder event. Porotypes are easy, profitable mass production is extremely hard. Let alone competing with the model 3 which seats 5 people and is WAY more safe.
It seems to me like Warren is casting a bunch of doubts about Aptera based on his feelings instead of doing the hard work of calculating the numbers. Just one of these is the claim that an Aptera can generate enough power to go up to 40 miles on solar and says he doubts it can. It would have been good to at least figure out how much power the solar would generate, factor in some loss for conversion and storage, and then actually see how far that would take you down the highway. It's really not that hard.
Here is the truth about the solar. They said the Alpha's had it, and they had fake cells that could not take the silly trikes an inch. They didn't bother putting any on the Beta, then they claimed at the Gamma reveal that it was the first with working solar. This was after AOC had revealed Alpha's were fake. Had that not happened, they would have maintained the lies. So Gamma had the bare minimum solar, and never revealed how far it ever went on it. Next they put more on the hood, and still didn't say how far it could go. Then it got shipped overseas and quickly the hood solar was removed, indicating it was useless, anyhow. After months of sitting in the sun, and with a claimed 400 mile battery range to boot, it was shown charging up at St Moritz. I could only estimate the total drive to have been under two miles in all those months, and that day would have been about half a mile in the carpark and on the frozen pond, which the sun would have replenished, had it worked. You are being sold snake oil.
No, because Tesla had enough own money to pay for development and production of their first roadster model. And at that time it was the first modern BEV.
Warren, I often agree with you, but not this time. Although a two Tesla buyer, and EQS owner, I’m also an Aptera reservation holder and investor. This is my vehicle for 90% of travel, about 40 miles or less. I’m not counting on the solar and will simply charge at home. Hopefully they can produce the 1000 mi version, but will accept the 600 if it arrives sooner.
The 1000 is last off the production line. I changed my order from that model to the 600 when I saw the roadmap - plus 600 is more than enough for even the longest leg I could bear on a long roadtrip, even with cold weather range loss it will be fine for my use. Daily commuting is nice, but I look forward to getting the camping kit and taking my Aptera on long-range trips. No gas, even without "supercharging" the Aptera will add miles to the battery very rapidly with its efficience, and no longer having to pay $100 every 6-8 weeks for an oil change are all anticipated benefits.
@@EdwardBartel Ed, I agree with you 100%. I'll switch to the 600 mi model when it is introduced before the 1000 mi. My thinking was they would produce the highest profit, longest range model earlier than others. We may find the 1000 mi is too heavy or compromises interior room, making it less desirable.
@@johnpoldo8817 I don't think there will be any compromises on interior room in a way that matters. The smaller batteries are integrated in the traditional skateboard along the floor of the vehicle, while the 1000 adds a battery pack that tilts up from the back of the skateboard behind the seats.
Imaging how much this could change the world, lower cost of travel, lower electricity consumption, carbon fiber, it doesn’t rust, most people are commuting by themselves, and already have spare used gas car for the weekend or family trips.
People will obviously drive their Aptera more than 40 miles sometimes, but we don't drive our car every day and many days less than 40 miles, so in those cases "solar" range will be added for free. Just don't park it in your garage or under shade. Aptera's main attribute is substantially reduced aero drag and rolling resistance on top of its lower weight and solar energy boost.
Aptera got advice from Sandy Monroe. They are probably going to succeed by knowing their limitations and fixing them early on. They are using the Tesla plug for charging. They have a chance for success. If you want to invest for something guaranteed invest in an index fund but if you want to take a gamble on a good future? Aptera might be worth the bet. Probably better odds than betting on the NBA finals winner in March.
@@bob15479 All these investment gurus you've seen the recent decade have all surfed on a big bull market, they have given a twisted picture of how it actually is; it is in fact very much gambling when it's a bear market. The reality is that you can never be certain enough to put in money you're not ready to lose; especially with startups. All you can do is look at the company and estimate their chances based on the evidence, but the problem with startups in this field is that even if they are doing everything right like Aptera is doing, there's still a big risk of them not going all the way.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
I'm living in my self built solar/geothermal all electric home. 3400sqft heated and cooled at all times. Have had zero bills going on 6 years. I didn't build it because I'm a tree hugger. Living in Wisconsin I kinda like global warming. I built it because it will allow me to think about retiring some day with zero bills to worry about. Aptera would also add to the zero bills to worry about. Also would give me a backup battery for the house. That would run my entire house for 10 days without any solar. 600mile/60kw. Bonus. All start-ups are risky. I don't have the money to invest right now. Have 2 more years to pay off the build loan. I told my brother to invest in tesla when they were going to go public. He didn't. He would have been rich right now. I think Aptera is going in the right direction right now. But nothing is guaranteed.
I agree it’s a big risk, but if they can find one person with deep pockets, it will go forward as the steel dies have been cut, now imagine a go to work car that doesn’t need gas or charging. That’s what Aptera is talking about. If we don’t stop polluting, there won’t be any humans on earth in 75 years
This video has not aged well. At this point, the expensive tooling for all the body parts has been finished and all have produced validated parts for the 16 Production Intent validation builds. Mitsubishi has purchased a controlling interest in CPC on the promise of the increased volume of Aptera body production. Customer deliveries are likely to begin at the end of 2024 or the beginning of 2025, with volume production from the start.
Dude! First of all -STARTUP- so…no kidding this a high risk investment. Your commentary on their 2022 prospectus reeks of “have you EVER read a prospectus before!?” “Have you ever read a prospectus for a pre-production startup company before!!?” Clearly Aptera isn’t an on-going concern. Is this a retirement grade investment? No. Bottom line take some time, do some homework, all of your questions and “concerns” are addressed in publicly available content. Why you’re rendering an opinion without being better informed is beyond me. Honestly you’re stepping out here prematurely. Dig deeper.
Technologically a very poor analysis: with an efficiency of 100 Wh/km, a solar power of 500 W gives you a realistic range of 20 km/day, which is huge. Aptera is so efficient, that HVAC compete with the drivetrain in terms of needed energy.
Everybody said Tesla would fail also. You offer an opinion that nobody wants to buy this vehicle. People are sick of new car prices averaging $47,000. (blue book). People are sick of internal combustion maintenance and high gas prices. People are sick of high dealer maintenance costs.. Aptera offers repair freedom on their vehicles. They give mechanics the right to fix Apteras, which if i understand correctly is not rocket science. Just try to find someone to fix your Tesla besides a dealer. I don't know enough to know if you are right or wrong. PS, It is illegal to fix your own John Deer Tractor.
You begin by casting shade. You question Aptera's range estimates without evidence. You say "I'm not toing to say fraud" while you say fraud. You then cast shade on their investors. Do you have any evidence, any at all, to present?
I think you are missing a point. There is pent up demand for a solar car for those who are apartment dwellers who can’t plug in from their parking spaces. To make a solar car work it must be ultralight and super efficient. There are so many innovations recently and I agree they should focus on affordable things at first.
At around 4 minutes in your argument is that the average American drives more than 30 miles but you do not argue the average per day. How does that make any sense? If the average is 30 and you are suggesting someone goes on a 250 mile trip that means for another 8+ days they will not drive their vehicles at all. That is generally how averages work. In that sense, if the vehicle had stored up 40+ miles per day for 8 days it would still be able to do that 250 mile trip. Anyhow, they specifically refer to the 1,000 mile version with all the solar panels which is the top of the line but you default to a lower version for your argument. Your argument would seem stronger if you gave them the benefit of the doubt and their claims still seemed dubious at best but your argument is flawed to begin with.
I'm wondering if Aptera might appeal to some motorcycle/trike riders. Quite a few of these cost as much or more than an Aptera, are more dangerous and get worse gas mileage than many cars. I won't mention noise. No matter how you slice it fuel costs for an Aptera will be very inexpensive. IMO the solar function is probably not worth the cost for many people as electricity is so cheap.
@@billman5379 Yikes, my rate is 9.5 cents per kWh (mid Minnesota) and with a dedicated EV charger it's 6.6 cents from 8pm to 8am. The electric company wants people to install chargers and charge at night to use the electricity that otherwise would be siphoned off and wasted. They even pay for much of the charger and installation. Wonder why there's such a massive difference in cost?
Every motorcycle I've owned that got under 40mpg was driven by a complete lunatic 🤣. If a more budget conscious personality rode the speed limit they were almost all at least as cheap at the pump as a prius
In the first 5 minutes, this man states that he has not studied the Apterra science or listened to the scientist and engineers who created the apterra based on aerodynamics with a mission to transform the transportation industry that actually lives in harmony with nature. I wouldn't waste any more time to continue watching this opinion based video.
I love you brother but I disabuse you good sir. You really didn't do your homework. We all make mistakes but I hope you can come out with a correction video soon.
If he does his homework, he is only going to have a lot more reasons to say it will fail. I have plenty of videos where you can tell me where I have got it wrong - knock yourself out.
Warren and other posters miss several points. Being a three wheel car, it is classed as an autocycle. With a carbon composite tub, seat belts, and air bags it is likely one of the safest around. It also includes a fully enclosed cabin. Regulations are different for autocycles, so comparing the Aptera to a Model 3 doesn't make sense. The two vehicles appeal to totally different buyers. It is easier to compare to a Polaris Slighshot, thousands of which have been sold. It will absolutely not ever be as, "safe" as a four wheel car. As someone else pointed out, the offering circular is designed to scare people, and usually offerings of this type are only open to accredited investors. People investing in this type of offering are prepared to loose their entire investment and only invest as much as they can loose. Even with an 800 mile range, it will still beat a Tesla, or any EV, on a road trip from L.A. to Portland because it will only have to charge once or not have to charge at all with the 1,000 mile range.
Nobody actually following Aptera is surprised that it's 2023 and no cars have been delivered. Warren used old text to support his preconceived conclusions. Aptera has kept people up to date and informed.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
@@AaronVets I have a tesla but after my experiences with them concerning warranty issues with the vegan leather I will never buy a tesla again.. the car itself is good, the engineering is good but just the thought of them telling me "you wear lotion on your hands" or "you dropped something on the top of the steering wheel" as reasons to why the pleather is bubbling is just too much for me... the thought of dealing with them gives me anxiety now. No more teslas for me.
@@artsmith103 They have 42,000 pre-orders. That's upward of $1.2 billion dollars worth of viable business. Their problem is getting startup money to launch into production. Once they start delivering vehicles, they won't be able to keep up with demand.
@@apterachallenge I understand the enthusiasm for that but it's kind of baseless. Any company can promise to deliver anything to 1,000s of people for some price. But that doesn't mean they can. There's a lot of evidence there won't be any deliveries. It looks like conservative estimate of 18 months for hopeful delivery but there is no plan to survive that time. The car is already not competitive and that will get worse.
@@Airman749 Same problem Tesla has, just on a different scale. It's a good problem to have though. Too little demand, now THAT actually WOULD be a problem.
The aptera absolutely will not fail, and will most likely be one of the most popular vehicles on the road in the next 10 years and over the next 50 years, absolutely, will replace most others
@Johannes Dolch Actually Tesla is not their competition. A potential Aptera customer is very different. Looks don't matter to an Aptera customer. Solar independence is big. Tesla is not interested in solar. Aptera people may be more penny wise...while Tesla people are wealthier and money isn't high on their list. And on and on...
They are also using A.I. to streamline the manufacturing process, it runs thousands of permutations a day to find flaws, potentials for accidents, etc. There are a couple videos up for it on their site.
@@johannesdolch They don't need their use of AI to 'beat Tesla', they just need it to improve the product and productivity. And I agree that the term AI is used to much, but it is machine learning and it is making its mark across multiple industries.
Listened into 11 minutes and there's not even an attempt to say why the business model doesn't work. Just complaint that a startup is trying to raise funds.
I see this vehicle will appeal to the commuter, young and old, Most travel by themselves or with one passenger. I have a larger vehicle 7 seater and a truck. My vehicles are not cheap to operate. A car to get you to work or the store. I see it appealing to families who need a second car. I see them appealing to a younger student where money is tight and the older empty nester who travels with only two for the most. It will charge at your friends wall socket fairly quickly. Unless you purchase the 1000 mile range it will not work well for long distance travel, but it could. Most will stop after a long drive everyday and could charge most places and you don't even need to search out a charging station. I travel long distance several times a year. Its usually a two day trip. At 1000 miles I will likely only charge once during the trip. I think the biggest draw back right now to the weird different strange look. I luv Tesla but they are a power big and yet they made there cars feasible. Aptera fills a hole that could appeal to a lot of folks if they can get over the looks.
But it's 1/3 the energy use of a tesla, so 50kw charging is equivalent to 150kw charging. I'm definitely interested in a $40 solar car that can go 600miles with all wheel drive
That document is way out of date. It doesn't even mention CPC forging its modular structures, it refers to their "sandwich construction" (abandoned), and yes, Chery is a Chinese manufacturer. I can only imagine that there aren't enough free "interns" left to do an update.
I had to play your video at 1.5x speed and I still felt it was too long for the content that was provided. With regards to the comments on investing, sure, I could agree. I put in a reservation; personally, that is as far as I will go until the vehicles are able to be purchased. Raising money is a real issue for new companies, especially now, and especially in the automotive industry. As for prototypes, they already have them - a quick TH-cam check would have confirmed that to anyone. But it was decided to focus on the specifics of some financial documents, which I think is disingenuous. The commentary on 3D printing and additive manufacturing is being provided from a position of ignorance.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
I read about the Aptera in early 2000s in a popular science magazine. I'm happy they have not given up. They have struggled for 20 years to make this happen. I hope they can pull it off this time.....
Warren, you are 10 times the investor I am. HOWEVER, being a pretty close follower of this company, it is immediately obvious how little you know about Aptera. I would recommend doing a deeper dive, and speaking with Chris Anthony if you get the opportunity.
My problems with Aptera. 1. Cost is too close to Tesla model 3 2. Only a two seater 3. We don’t know how safe the vehicle is, weight is a big factor. 4. Profitability is uncertain. 5. Cash flow burn of $50 million/year. 6. Doesn’t qualify for federal/state Tax rebate incentives. 7. Haven’t herd any updates on private equity fund raising. 8. Best scenario won’t start production till 2025. 9. Tesla is continuing to reduce prices and increase quality. 10. Early production models will have very few features till at least 2027.
@@RomanChaar I think most of that is pretty fair actually. A lot of question marks on Aptera. The only thing I would change is, I think the start of production is pretty likely to happen in 2024, even in limited capacity. Ramp should be "relatively" easier considering they're standing on the shoulders of Tesla, have a much simpler design, and have worked super close with Sandy Munro since inception. All things considered I think the appeal is still there. Even with the inevitable improvement to Tesla's. Freaking love Tesla's but I think both can and should exist.
@@RomanChaar Nothing concrete, that's for sure. The Accelerator program is going nicely though, and production tooling being close to done is also great. Still a ton of pieces, during an incredibly difficult time for startups. But I am hopeful and somewhat confident they will succeed.
Does he really not know what a startup is? Most of what he's talking about applied to Tesla once upon a time (not terribly long ago, actually), not to mention EVERY OTHER STARTUP since ALWAYS. It took Tesla 17 years to turn a profit when it announced that 2020 was the first full year of profitability in the company's history. I'm not saying Aptera will be the next Tesla (it almost certainly won't), but to say the company is doomed to failure after a cursory glance at their website and an investment circular is asinine.
I have a mechanical engineering background, and when I was in school, I was on our solar Car team. This was way back in 2002. We raced from Chicago Chicago to Los Angeles on route 66. I can confidently say what Atera is claiming about the performance of the vehicle is totally within the realm of possibilities not a pipe dream.
The only thing design wise that concerns me (I’m a Mechanical Engineering also) is the skin cooling system. When the pavement is hot, I’m just not sure how it could work to use the smooth underbelly as a radiator with no fins of any kind.
Of course it's doable in some form. The Gamma is driving around occasionally. The issue is if Aptera company is ethical? They have been very poor at demonstrating that and the video lists alot of issues. For instance, very real possible result being hidden: LE gets 8 mile/kWh, 80% of 42kWh battery range is 270 miles, solar delivers annual avg 2.5 kWh/day=20 miles/day, $40K.
Some fan boys will suck it up but the future is a sinking ship. All investors will lose everything. Not one defining performance spec has ever been demonstrated and no price updates for some 3yrs.
That's not the issue and their claims are probably accurate. It's not in production and in 2023 they are still working on their Gamma prototype promissing production as well as deliveries to customers in 2024.
@@mylesgray3470 My engineering degree focused in heat transfer, fluid mechanics and reactor/process design. I expect after necessary iterations the skin cooling will provide enough cooling. For normal quality roads and parking bumpers, I think the wheel covers are too tight and low. Resolving that will help cooling. I suspect they are struggling to get 10 miles/kWh under full weighted normal conditions and can't afford to back off the covers to improve usability.
@@artsmith103 Well, with enough surface area, and not all of the belly area being close to the ground, it should work. I’m interested to see how they do it, as that would be the first skin radiator on a car. I think your right that the 1000 miles on a charge is something they have latched onto but is likely not actually going to happen. I was planning to get the off-road version of this car for wheel skirt clearance myself but at this point I’ve altered purchased a Tesla Model Y and will likely buy a new Prius instead of the Aptera since that car is really quite nice. Still rooting for them though, and still have a reservation.
“People who say it cannot be done, should not interrupt those who are doing it”
― Bernard Shaw
The problem is that they aren't "doing it". Here we are at the end of 2023 and no production date yet. Just a lot of selling to investors and spending money on refining the design. At best they are letting perfection be the enemy of the good.
doing what? a product that will not be competitive? well great. anyone can do that. yes they put maybe more effort then other schemes but same result. and your tricycle will be not serviceable after they go bust again. they actually don't even have the battery yet. and it will be NMC. it's actually stunning how you can make it this bad for 30 000
1) It's not competitive, 2) Aptera has already folded once and has operated with a net loss every single year, and 3) the car is ugly af. Aptera is about as much competition on the EV market as Blur Origin is to SpaceX.
Maybe not interrupt those who are trying, as long as they aren't lying and trying to separate suckers from their money...
Yeah ok you keep telling yourself this. Your money went down the tube.
So far the argument that a STARTUP COMPANY is doomed to failure because it's reliant on investors and grants for their operations instead of revenue of the product THAT THEY HAVEN'T RELEASED YET seems pretty dumb just on the face of it.
That is basically the position of every single startup before it's product is released. Are startups risky? Yes of course. Are they all doomed to failure? Obviously not.
You contradict your own stance with facts you are stating. You are clearly confused on the difference between facts and opinions.
In a nutshell, Aptera will fail for all the reasons Tesla did.
Oh wait...
Lol😂 love that! Good one!
Well put but Tesla could have easily failed a dozen times over. They were well financed and VERY lucky. If Aptera gets afforded the same opportunity with the ATVM loan then they are all but certain to make it.
Well then, Aptera is already one up as they have a bankruptcy under their belt and yet came back like the Phoenix they are.
I didn't like Aptera the first time because they were a gas hybrid at that time... They were simply too early. But now, they are going to be awesome.
@@D0li0 hybrids catch on fire over 3.4k times per 100k. Over 2x the ice average. Evs it is 25 per 100k (about 1% as common)
@@ccibinel True Tesla almost failed a couple times, but Aptera has an easier task in front of them. And two experienced motivated technical leaders at the helm. Electric vehicles and crowdfunding are now both main stream … two big advantages for Aptera relative to what Tesla faced. Aptera just needs enough money to prime the pump, and that seems to be happening. 😀
Not impressed with your lack of real research about Aptera.
I'm not impressed with 41,000 who ordered with poor research.
Compare to Tesla - Aptera is in FAR better economic shape that Tesla was after the same time frame, and has been far more open about their work that most companies. As far as "no prototype" - my wife and I have both ridden in an alpha prototype back in November 2021.
Much of what you claim not to know is contained in the SEC reports. Just because you don't know how to do actual due diligence does not mean that Aptera won't be successful.
It is certainly true that Aptera is a risky investment - but certainly not as risky as Tesla was at the same relative point in time.
Aptera has been very open about how AI has been used in developing the vehicle. Aptera is delayed because the vehicle was re-designed once pre-orders exceeded 41,000. The body is now going to be produced by C.P.C. Group of Modena, Italy.
More than 92% of the vehicle parts already have master production contracts in place.
The "put together on the fly" is your opinion, based on a lack of actual due diligence.
Agreed...Warren's research was lacking.
There is a HUGE difference between being new and on a shakey financial footing as virtually the only company planning to make EVs vs trying to break into a market with 100 competitors already in production.
Well said!
APTERA went BANKRUPT in the early 2000's , then sold Patents to Chinese OEM's.
Tesla absolutely needed and got the ATVM loan to make it. Not many would question Aptera's chances if they are given the same opportunity. Government policy works directly against Aptera with a $7500 tax credit disadvantage.
@@ccibinel You just proved our point. All headwinds for Aptera. Unwise to invest on it.
Really disappointed in Warren he has really undermined his own credibility in terms of being a thorough investigator
Aptera as still been raising $300-400k per week, and ~$2 million in week 20. This is a startup, so of course it's risky, but some people are investing to try to move the industry forward and hopefully get this car in production.
Very generous of them. Investing or donating? Aptera has never delivered on one promise.
@@artsmith103 people who've invested are aware that if Aptera goes bankrupt they aren't likely to get their money back, so a bit of both probably. People should never invest more than they can afford to loose... Just like Vegas, except here hopefully we're moving towards more sustainable transportation.
@@michaelkolozsvari3575 I have heard a lot of immaturity from that crowd in somewhat denial of Aptera failing every delivery promise and never delivering performance demonstrations. They are delusional calling the company Open.
@@michaelkolozsvari3575hey, i’ve just found this car and there are less than 500 spots left for the accelerator program (invest 10k and get partial ownership of company + one of the first 2,000 models shipped). I’ve genuinely only found good things about this company, i’ve been searching for bad things and even this is a bit iffy at best. What are your thoughts on the company’s future now? should i pull the trigger?
This settles it, I'm definitely getting one now
I believe my reservation is around 15,000/39,000. I’ll probably never actually get one but I might. I still like the design concept of the car but it’s all about safety and reliability for me. Time will tell on that.
Good luck with that. “Delivery dates” have been missed several times now and there’s still 0 information on any real world data. They don’t even have a final prototype yet. You’d be lucky to get anything within the next 2-3 years at a 50% higher price. Insane how shady this company is
So Rory, how are you enjoying your Aptera?
I wished that Warren would have taken more time to research this company before putting out a hit video. Especially after all of his rants against Gary Black not knowing anything about Tesla's technology. There is plenty of information out there about them beyond their web page and they produce regular updates on their progress toward launching.
APTERA is a Pump & Dump FRAUD.
the President/CEO and CFO are Fraudulent.
APTERA cant even get SOLAR working in Prototype Vehicles.
and IIHS+ and NHTSA wont even give APTERA a SAFETY rating.
Me too. I went to the web page and there is nothing wrong with it. There is a "reserver" button in green right at the top and it sticks out. You have to go to the pull down menu button to get what Warren is seeing.
OMG a start up needs cash investment to get into production. Like every single company with a new idea that has succeeded or failed.
@@squidbeard492 - APTERA is built on Foundation of FRAUD.
just like Nikola under MILTON.
Aptera does NOT have much own Technology, they dont even build BODY in-house.
@@squidbeard492 - APTERA is a Pump & Dump.
they need INVESTORS to keep PUMPING cash into APTERA , and they in turn keep BURNING CASH at Increadible rates, with LITTLE results.
APTERA is not CASH efficient , never will be.
there are BETTER company to INVEST in, such as RIVIAN or TESLA.
APTERA is a broke DICK dog.
you will never get your MONEY out.
I can't wait to get one!
What a perfect vehicle for commuting. Charge with a 110 outlet as needed.
Fast, fun, efficient
So efficient, bugs flow over the windshield, less to clean.
Seriously, average vehicle on the road are Hogs: Transporting one individual.
In California, fuel pricing is $4.50 a gallon for regular. It's gonna be $8.50 within two years (two of the five refineries are closing soon).
It is a niche vehicle that makes alot of sense.
I really want to see this car on the road. Yes, it is time for a better way to get about, responsibly.
If this car becomes a success, then it will be the most important new car because it will force the mainstream car manufacturers to play catch up. Whether that becomes true or not, we will see.
Sandy Munro is an investor. Munro & Associates are involved in the project. I do hope Aptera prevail.
Sandy Munro is a consulting expert in manufacturing processes. He's not a business analyst or an automotive engineer.
And what share price did Munro pay for his stock? What liabilities did Munro & Assocs. incur with their "involvement"?
Yes...he was also on board with Arcimoto...what happened there huh?
Munro also said last year that Aptera, Nikola, and Arcimoto are not dead. We know two of three are pretty much dead.
@@daveinwla6360 If you think he's not an automotive engineer, you got another thing coming.
Dude has more automotive engineering experience than practically everyone else on the planet. Dude is old as dirt, has worked with almost all manufacturers, has worked in many other industries including aerospace, and is basically THE guy other than Elon Musk for making a profitable product at volume be it a medical device or car.
Arcimoto asked him to help them but then didn't listen to his suggestions for production which resulted in a cheaper production process but more expensive product with smaller profit margin. So fail on Arcimoto's part.
@@TecnamTwin - You've just confirmed that Sandy Munro is an expert in production methods, not automotive engineering. He says himself that he started as a production tool designer, not as a designer of automobile systems. IOW, you believe what you want to believe.
"...dive in..."?? 🤣 You barely even scratched the surface and your suspicions are based on old/missing information, but good job reading the boilerplate SEC risk advisements. Looking forward to your follow-up once you figure things out.
Going concern is not boilerplate
@@WarrenRedlich it is a GAAP requirement based upon capital raised and cash burn. If memory serves, when "going concern" rules were updated around 2018 or so, there was a big hoopla that Tesla/PwC SHOULD have filed a going concern disclosure based upon their numbers but skipped past it using some boilerplate language from prior 10-K filings. How far into their evolution was Tesla in 2018 vs where they are today?
you're a total moron. aptera already failed once. Elio failed. tons of other similar companies failed. this new iteration of aptera will fail too. keep hoping and dreaming
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
@@EdwardBartel Musk did have deep pockets at the time from his Paypal sale.
You haven’t heard the ceo speak?
How much research have you really done?
It seems like you looked at the website and decided they will fail.
I was a fan of yours Warren but your losing me
He looked at the data, and did not trust the marketing squack. Very good.
He obviously didn't, that's the whole point.
I’ve been watching your channel for quite a while, Warren and enjoy your commentary. As an engineer and an electric car driver I have insight into automotive efficiency and Aptera by far is the most efficient.
Yes, bringing a business to fruition, requires other skills, all start ups, lose money, and require investment
. I’m surprised that you can say you haven’t listened to the owners /designers of the Aptera, and can say they’re going to fail with what seems like minimal knowledge.
Most efficient - how do you measure efficiency?
What’s the frontal surface area?
@@WarrenRedlich This is a real issue. Aptera measures efficiency by miles/kWh but they are competing with only 2 seats and 3 wheels against everything much bigger. Without roof racks or a hitch, this little 2-seater gets even smaller. If it's an efficient little people mover it needs to do that cheaper than everyone else but the price is 2x appropriate.
If efficiency is their only achievement, that points towards small battery to leverage that and for shorter range commuter, solar could be economical battery extender vs bigger battery. Marketing this crap car in the 400-1,000 mile range is ridiculous. Another issue is battery charging. They tout big battery for range cudos but also say can charge via 120V. Those don't go together. Max 120V is 20amps = 2kW and that leads to 10kWh battery. If they can deliver 10mi/kWh, maybe at slower more efficient commuter speeds, that puts them in 100 mile range. But if solar adds 30 miles/day then the car could go 50miles/day for 5 days on one charge. Exceptional for 10kWh battery but that's not what they offer.
@@artsmith103 Their shortest range model is the 25 kWh build with 250 mile range. It will be a great commuter, but will also be able to handle road trips pretty well as our charging infrastructure expands out. With front wheel drive and full solar it was originally pricing out between 26 and 27K. We will have to see what their updated pricing will be after the COVID, crazy supply chain constraints, and the last 2 years of inflation, ... all shakes out. They have been transparent about this and have said they do not want to update pricing until they have all their supply contract ducks in a row, trying to avoid those promises that made so many start-ups like Rivian sell 10's of thousands of their first off the line vehicles for significant losses. This small start-up will not be capitalized to survive a scenario like that. Tesla's prices regularly jump up and down and all around. Until orders are finalized and contracted this is what happens. When you choose your desired build, and plunk down your $100 or $70 reservation fee they clearly say the pricing is not fixed ... These are not contractual agreements. They need to be making a profit on those first 2,000/10,000/ ... vehicles sold. They don't have billionaire, or Amazon, or the Saudi's backing them.
You have a bad habit of commenting on things you don’t know about. Sandy Monroe has a different opinion of this auto. I trust Sandy and his confidence in the Aptera. You are reading from an old document. Please educate yourself BEFORE you run your mouth.
@@bastian33o2 but on this issue Sandy is wrong.
@@bastian33o2 I like Warren but he has a tendency to just let himself just ramble on about things he has no knowledge of.
Mr. Redlich should do some more homework
That is the only thing I learned from this video...
And that he said "I didn't look into it" a lot while simultaneously saying things that require you look into the topic...
@@D0li0 And, he also made a LOT Of guesses and assumptions and personal opinions and obviously biased statements that jumped to opinion/conclusion/and "guess"es without taking into account reality, history, or science
Then he would have had more reasons. I notice nobody gives a list of his shortcomings.
@@aussieideasman8498 then you didn't read any of my other replies listing the many very specific errors.
But do go ahead and list some discrete additional reasons he might have given he had done any amount of actual research...
I cant tell if this is intentional lying and spin or if he doesnt actually understand what he's talking about, yet thinks he does. I do know that he reputation is taking a hit with these dumb videos.
Heard nothing that doesn't apply to every start-up ever. Was this video sponsored by Exxon? Lol 👎
Claiming unrealistic range from solar charging applies to every startup ever?
@@fredbloggs5902 in my experience, every EV exaggerates range when compared to real world use. Applies to ICE vehicles and claimed mpg as well.
@@rustyshackle917 You claimed ‘every startup ever’.
@@fredbloggs5902 How is "up to 40 miles" unrealistic?
@@billman5379 wooooooosh
Yes Aptera is still in need of investments, but look at what Aptera has done with what they have recieved, compare this to any other start up.
The main delay in start of production is the switch from starting with low volume production to a higher volume production. the other compains that have started with low volume production have or are failing.
Concerning prototypes they have them and have shown them. The current higher volume production prototype will be completed in September. A lot of your info is out of date .
This review is what is a failure.
I'd never heard of Warren Redlich before seeing Steve's rebuttal appear on the Aptera Owner's Club channel, but it is very apparent Warren did NOT do his homework on Aptera, just relying only on the web site and SEC filing. The Aptera executives have been very open in discussing their progress both in design and development, but also in selection of suppliers and components and how they are creating the manufacturing process.
Having seen all that, I do believe Aptera will succeed. I will be happy to buy one after they reach production status.
What’s the frontal surface area?
Buy one after production starts. Don't invest with 2nd tier stock before production. There are a lot of problems hinting at No deliveries. Just protect yourself from that.
@@WarrenRedlich I don't know the frontal surface area in square inches, but what Aptera talks about is the coefficient of drag. The weird dolphin-like shape of the car, including the rounded front, is designed to reduce drag. They advertise the coefficient of drag to be 0.13. In comparison, the Tesla model 3 is advertised to e 0.23, the Porsche Turbo 911 S is advertised to be 0.33, and the Ford Lightning truck is 0.56.
Hi Warren, stop shitting on Aptera, if you don’t like the vehicle or the company and you think they are gonna fail, just don’t invest in it, remember Tesla was at same stage more than once during the initial start up phase, what I don’t like is when new company is trying to get form start up to a profitable company, people keep beating them down with their pessimistic mystic ideas, give this company time to achieve their goal.
APTERA is FRAUDULENT .
the Aptera CEO/President & CFO are FRAUDS.
It’s ever over until the fat lady sings.🤣
Your ignorant assumptions and strawman arguments have convinced me to invest more in Aptera -- nicely done. Have you nothing better to do with your time than to advertise how little research you do to form your opinions? I'm not even going to bother informing you. Instead I will use your video with those genuinely interested in being informed as an example of confirmation bias. Thanks for the perfect illustration!
I dunno. Aussie tends to jump off the rails with his confirmation bias far more often than this guy. :P
@@Roshiyu I'm loath to set the bar that low...
@@Roshiyu Hello little rodent. I'm looking forward to your list of confirmation bias examples, lol.
You should invest much more in Aptera. The more the better. I gave the same advice to the Sono enthusiast, who had enough money.
Dumbness has to be punished. The harder, the better.
And a lot of Sono enthusiast learned their lesseon meanwhile.
With NACS, Tesla Supercharging and Open Pilot Aptera is a WIN in my book!
None of that addresses this video at all.
Winning is based on sales (real sales).
Tesla supercharging is useless for an Aptera, as it can only load with 50kW. The 4th generation of superchargers is able to provide 700kW.
@@vic321344 small battery means 400 miles in 40 minutes. My lunch break is ok with that…
@@Jeff-wx3tx So you will block a whole supercharger stall (maybe 2) for at least 40 minutes? Hopefully not. Go to another low level charger. But wait: They have CEE. Too bad.
And even the 50kW charging speed of the Aptera is still a phantasy. I think they did not build an DC charger electronic yet. And did not test it. Thats the reason why they did not want to include it in the first production run.
I found this video very disappointing. I was hoping for a detailed discussion on the real technical or market reasons Aptera will fail but instead spent 40 minutes listening to you crap on the companies finances without bothering to learn anything about the founders, development history, or the current vehicle design. Not my cup of tea. Two thumbs down!
when you realize this video is not about aptera but really about Warren.
Hola. I have lived in Xalapa, Veracruz, México for the last 51 years and I can see the potential for Aptera in this country where there are so many sunny days during the year. I can see the Aptera as the 21st Century version of the "vocho"(VW Beetle) which was so prevalent in Latin America during the 1970's to 2000. I can't wait for the oportunity to get an Aptera to promote the alturistic programs of Rotary International(End Polio, peace, etc) with a "Caravana de la Salud" which will go all over México. If anyone is interested in participating with our Rotary project, please let me know. ¡Que viva Aptera! ¡Que viva Rotary! ¡Que viva México!
Well said!
Hola
Absolutely. Mexico going electric with Teslas is about as realistic as Post War Italy being motorised with Cadillacs. Another half wit Tesla fan boy.
@@colinmacdonald5732 Thanks for your infinite wisdom!
@Milo Prager but I don't even own a car.
You could of done research, all you did was assume things.
Warrens trying to kill the competition for his pod car 😂
😄
No doubt.
The pod car for one passenger that has 4 wheels 😂
His Podcar is just as bad an Idea. There is no way that he can compete with Tesla. Any advantage he may have by going for a smaller, lighter vehicle get dwarfed by Teslas Mass Manufacturing. And that's not even counting Autopilot, which he will have to license. Maybe he can take a page out of Apteras and Lucids Playbook and just turn the Idea into a snowball scheme.
Google commuter cars tango... For a three decades old version of the h podcast that beats sono, FUV, and all other pod micro cars... Just needs the angle investor... I think it would look great in stainless steel... Wink wink nudge nudge... ;)
So your point is that Aptera is a risky investment. Duh. All EV startups are risky investments. There are reasons to believe this one will succeed, as well. One of your worst, Warren.
APTERA cannot SCALE , it does not even make own DRIVE units, Battery cells, or BODY .
Definitely Warren is way misinformed on the company.
Click bait 🙄
Great thumbnail, though. 😂
The statement about Aptera being able to recharge 40 miles is taking into account how little energy is required per mile to move the vehicle due to it’s extremely efficient aerodynamics.
No, it’s based on the charge rate and 10 miles/kWh
@@WarrenRedlich No? You will have to explain that one....
@@WarrenRedlich sigh... You say "no", but then gave the efficiency value that is identical to what you were replying to...
So you meant to say "yes" but you don't understand that you said the same thing.
The solar can collect up to 4kWh per day, good for 40miles, or 12-16miles if used in a Tesla.
It's the same reason they can travel 2x to 5x on the same L1 or L2 or DCFC input over time... So an Aptera at 50kW is equivalent to 100-250kW in a more traditional BEV...
You don't have to believe the CD values, but they have done the leg work, and it's legit. And! It applies even more so at higher speeds... Cause that's how aerodynamics work... It will lose less range at 80+mph than other vehicles do...
You should perhaps go watch the plethora of easily accessible information about their past few years of prototype progress... Sigh...
@@WarrenRedlich You're reply is the same as "no, it's based on the charge rate and the efficiency".
Which is exactly what @Zanzamar said in their post.
?!?!
@@n.brucenelson5920 Here's your explanation: 10 miles/kWh and ' how little energy is required per mile' are talking about the same thing, only Warren used a claimed figure and that clown Zanza was about as vague as one can get. You should have spotted that.
Warren, do the research before you put out a hit piece. Your technical doubts and questions have been answered. I agree, it is now a shaky business investment proposition that was hurt by Covid, supply chain issues, and not qualifying for the $7500 tax credit. At $25K with a tax credit is would have been wildly popular. At $33K without a tax credit, it will not be popular. Munro and Associates has helped them with the manufacturing plan, which BTW is NOT 3D printing. Aptera needs an angel investor to buy the machinery. I threw $1000 at them a long time ago. If they had gone 10X it would have bought a modest cruise for 2. If it fails, it was a bad night in Vegas. Your rant did not offer anything we did not already know, and certainly this video did not add any value.
There is still that under $26,000 Aptera build with front wheel drive and the smaller 250 mile range battery pack option. These two build options actually make your Aptera all the more efficient, and cheaper to operate. The solar rear hatch looks like it might become standard now, as the premium sound has. Solar on the front hood may add $300 more to your cost. We do not yet know how inflation might factor in.
2:18 into this video and you’ve said they’ll fail multiple times after already admitting you’ve never ever heard the owners speak about the company. World class evaluation you’re giving.
Lol if Aptera will fail then your little car will definitely fail and you should give up.
his car is garbage. God bless and all HAIL APTERA
I will just say: let's review this video in about a year to see how much of Warren's strong opinions will hold true.
I am expecting the up to 40 miles per day being more like 25-30 miles per day on average, which would still mean many people will not have to charge for their daily uses. As far as long range they still have access to the Tesla super charger network and can charge at 50kw. The body is largely a snap and glue together kit with very few parts. They do have a lot going for them but that still doesn't guarantee that they will be successful. The Aptera is definitely a niche product but it is one I can see taking a spot in my driveway.
Acknowledge the snake oil, yet still go along with them. Interesting.
@@aussieideasman8498 - Apter is a religion with some people, and it insulates them from logical thinking.
@@daveinwla6360 Are you sure they need insulating?
@@aussieideasman8498 ah - the troll energy is strong with you. Keep up the good work - you are sure sharing lot of "ideas."
@@EdwardBartel That's weak reverse psychology.
"Nattering nabobs of negativity." -- Spire Agnew
That was Spiro, not Spire, and besides, the quote should be properly attributed to his and Nixon's witty speechwriter, William Safire. Anyhow, nice choice, I agree !
@@njpaddler voice to text got me again.
Quoting Spiro Agnew is probably not the best play, but his (or whoever's) words do seem fitting here.
@@DrTeeHenry Give us a poem? lol
i would 100% buy one of those
1:35 "This is why the government should stay out of private industry"....meanwhile you're a total Tesla fan, and that company would have failed several times over without all the CARB credits, grants, and EV tax breaks that preferentially supported Tesla. Not to mention the stuff they did just to fulfil the grants, and then never did again, like hot swappable batteries.
Warren you see all the comments here??? Maybe you should RE think what your saying here. Aptera has very well fleshed out cutting edge engineering concepts, yes it very different, and yes the numbers are mind blowing, but unless you’ve really done your homework me thinks you don’t really get the math and concepts behind Aptera. You usually do good stuff, but I’m left wondering if you lost it here, or do you really have another ulterior motive here. Your doing your many fans a GREAT dis service. Really
Aptera is poorly fleshed out on the engineering front, but Warren was only looking at the financials, so try to stay on track. BTW, more people smoke than whinge to Warren, and it doesn't mean smoking is right. It's Airhead749.
Warren is the only rational commenter in a sea of deluted phantasy providers.
Hi there! I watched your video very intently because I am always looking to make sure that I have as many angles as possible on everything that I am interested in including Aptera. I noticed some things that I wanted to point out not because I believe your video is bad or anything, but because I wanted to give you some of the context you may be missing. I also had a few questions sprinkled in there so please bear with me.
1. A circular is expected to be updated monthly for an established company making a product. For startups, it is much more common for their investment information to be updated quarterly, especially in the case of a company producing a complicated product like a vehicle. I do realize that even with that context, Aptera is due for an update.
2. Every company is a company that can fail if they don't raise money. It is the nature of a company that if they don't make money they can and probably will go out of business. I don't understand why them telling you that up front is a sign they will fail when several other startups have said the same thing (whether they were successful or not including Tesla). Every investment is risky until it isn't and I am not sure why this constitutes a conclusion as to why they will definitely fail.
3. "They do not have a full working prototype with production intent components" is what that sentence should have said... They know what they want it to look like hence the alpha that you showed. If I remember correctly, it has off the shelf parts and the body is not produced by CPC group. Even the gamma vehicle as far as I understand it does not have the final chassis from CPC. The article you cited was not put out by Aptera motors... the only people claiming they have a piece of tech that is in existence that is ready for production are people not directly involved if I am not mistaken.
4. The only vehicle I can compare the Aptera to is the Polaris Slingshot, so here we go: a Slingshot gets 200 miles of range max and costs 21k. The Aptera starts at 250 miles of range and 25k the slingshot is 1600 pounds and the Aptera is 2200... its really not that different than a slingshot with a much much larger trunk. I don't know what you are expecting when you say it weighs too much when it is a BEV which are known for being heavier in general than their ICE counterparts. I guess my question is how closely can you compare the Aptera to anything besides the Slingshot which isn't a good comparison because Aptera is supposed to be an enclosed vehicle for two passengers with so much more cargo space than the only thing I can fairly accurately compare it to that I really don't get how this point constitutes Aptera's failure either. As a side note of this point: the model 3 you compared it to costs $53,000 for its highest trim available that gets 315 miles. Aptera's highest trim with most of the features you can get on the vehicle is $51,000 for 1000 miles... Not a fair comparison at all.
5. Look into a company called Elaphe Motors. They build in wheel motors for 40 or so different vehicles from several European manufacturers to great success. They are the company also providing Aptera's motors and they are in the beta and gamma vehicles that aptera is testing systems in for their production intent vehicle.
6. I agree with you on the market size thing only to the extent that no one knows the future. They could sell to these markets and they might not. This doesn't feel thrown together to me personally, but I do agree they may be optimistic about some of these numbers... as most companies tend to be. I notice that most companies tend to overshoot on their goals because they like making their company look nice to investors. Again if this is a reason for them to fail, 90% of the companies that exist now should probably fail.
I think that about does it for my general thoughts. Again I appreciate the perspective you bring to the table, but I think that if you dug a little deeper, Aptera would probably look more favorable.
Ninge -
Point 2: If you say it's fine for them to warn people, what's wrong with Warren doing it?
3: All prototypes had elements of fakery that were lied about to deceive the people.
4. Your comparison is of something that doesn't exist with one that does, and Warren evaluated the company, not the silly trike. Stay on track.
5. Warren mentioned Elaphe. He didn't say they will fail. Elaphe has provided less motors than they have wheels on prototypes, and have had 3 years to ship them.
6. Had Warren dug deeper, there would be more reasons to think it will fail. I have plenty of videos with reasons nobody can refute. I have also refuted dozens of lies made on videos wanting to profit by their wild promises of discounts. Most have blocked me - the American way!
Wow! Great analysis of his analysis!
@@Airman749 I have begun a video analyzing AOCs analysis. Out soon.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
@@RomanChaar if you don't mind, could I make a video from these problems? I think that may be the most comprehensive way to talk about them since typing my response could take a while... XD
You need to do more research before jumping to conclusions, I agree Aptera will have a difficult time competing, but they do have a prototype and a place to manufacture. If it would have launched two years ago it would have had a much better chance of survival, but launching into lower prices and IRA credits on a improved Model 3, and soon next gen Tesla, I don't see it.
I watched a lot More about them in the past month, but I don't know if they have any factory ready, they say theyre near production and their other innovations like the simplified wiring look solid. But even teslas first years had bad financials. As an investment I would not touch those bad stock rates. But as a new form of vehicle it has a lot better chance to find a market than another overpriced sedan.
He makes way too many Wilde guesses over the tech and specs of the áptera that most people already know he is wrong on. I think he has good financial points, but he has very little technical understanding.
@@nooneno12 You said what I was thing I was trying to say. The financial part about being risky and it might not be a great deal for later investors is true but I think that every start up has the same deal for initial and subsequent investors. Warren is not correct about the technical aspects. Sandy Monroe has looked into this car deeply and is very impressed. You can’t bullshit Sandy. Also people have driven and take rides in the Gama prototype. Warren need to take a couple hours and watch some of the videos.
Zack from Jerry Rig Everything literally drove two different prototypes.
And Zack LOVED it. As did Rich from Rich Rebuilds. And Jay Leno. And everyone else who has experienced Aptera first hand so far.
I could be wrong, but the circular as far as I understand it needs the vehicle prototypes to be production intent vehicles. None of the vehicles aptera has as prototypes are production intent and therefore they had to say they don't have any... even though they do have something drivable with a lot of production intent components... its silly in my opinion that they cant call them prototypes by definition in spite of the fact they exist and are drivable.
@@theninjineer you sound like you know more than me on this topic. But I thought the Gammas are their "production intent" prototypes.
@@EdwardBartel delta (which they haven't announced or shown off yet) is their production intent vehicle. That is if they are still doing the same plan that they covered late last year. Gamma was the vehicle that they took to CPC for them to model for the carbon fiber body. It has a lot more production ready parts and the solar panels and battery pack are functional together as far as I understand.
@@theninjineer Actually they sent their body engineers to Italy about the time they were putting together the Betas. The gamma is the production intent vehicle if they had gotten only 1-3000 orders. It uses the kevlar urethane laminate and combine that with hybrid kevlar and carbon fiber weave used to make the beta models monocoque internal body. The Launch vehicle is the delta design, so they have showed it in CG.
I don’t care what anyone says, I’ll always love aptera
35:32 "Are they gonna be as efficient as a Tesla? Probably not"
Your Zealotry is on _full display_ here. What is your basis for that? You have none. It is a wild guess.
The fact of the matter is, Aptera understands the religion of energy efficiency as well as Tesla does and if anything they have taken it to a logical extreme, almost to the point of absurdity.
The question is not will Aptera be more efficient than a Model 3 because it definitely will be. The question is only, how well will Aptera's manufacturing techniques scale? I don't think this will be a mass market car, or even a high volume car, especially given what GigaMexico is likely to become, but you are a fool to be this dismissive of Aptera knowing as little about them as you do.
Example: you didn't even know that the two CEOs are the founders of the original company, which folded due to mismanagemnet after they were forced out. These two waited for certain legal agreements to expire and then went back and bought back their own original IP and relaunched their own company. They are visionary founders, just like Elon. And there are already plenty of Tesla fans not named Warren, who are champing at the bit to have an Aptera as their second car.
Your smugness is extremely offputting, and lose the Schadenfreude. You should want all EV makers to succeed except Ford, GM, and Toyota because fuck those guys. You should be rooting for Aptera and sad about Arcimoto and Lightyear.
There is no Schadenfreude here.... It is a "sober" responsible warning to "less sophisticated" amongst us... Go ahead, invest in Aptera, sounds like a "perfect fit" for you... 😂
Elon is not a founder. He bought that title when he bought the company.
Elon didn't even found Tesla. He's a typical vulture capitalist. He swoops in on a company does his Elon stuff and then acts like he created everything that is good. Typical rich white boy with daddy's diamond mine money.
Anyone with High School physics can see straight away why an Aptera would be twice as efficient as a Model 3. And this is isn't to take away from Tesla's achievement but the Aptera makes NO compromise on economy whearas the Model 3 is designed to resemble a high end executive compact car. The 3 makes much more sense than a 3series but most people can 't afford a BMW or a Tesla and they'll want an Aptera.
You attacked the idea that aptera has a market, by saying each segment of their target audience already has something to fill their needs.
You then went on to talk about your single seater idea... Does that not already have products to fill that need? Or did you forget electric bycicles exist?
Btw, a quick browse of your channel returns no videos explaining your concept or anything you are doing to bring that concept to market. I'm guessing its just an idea in your head and you've done absolutely zilch to try and make it? Guess what? An idea is worth nothing on its own.
I dont disagree that aptera could fail. Companies fail all. The. Time.
But man... This video comes off as you just being a pure hater. Nothing more. You are citing an older document and did zero additional research. They dont have prototypes? Okay, I do wonder what vehicle is being shown in all those videos that are easily found on youtube is then.
Sandy Monro designed Aptera's production line as well as reworking the vehicle. Edit Aptera uses Tesla charging system so road trips or just needing a boost for in town driving are not really a worry
IRC the last Aptera start up failed because a MBA was put in charge of running the managment.
And that management kowtowed to Detroit and wanted to fundamentally change their design premise of efficiency. Steve and Chris aren't letting go this time around!
@@billman5379 exactly.
@@billman5379 At least that was the claim - what was the reality?
Sandy also said, that Aptera will need at least 300 Mill to start production.
@@vic321344 That means 296 left because Sandy put up $4M.
Sorry Warren... I i know you are not one for deep research. But making a 40min video dumping on an (undisclosed) competitor to your own startup... Just based on a quick visit of their website and the read of a 6 months old document you found there? Looks a bit shallow to me even based on your usual standards.
The publicly available answer to your question "How to go from no prototype to close to production in 6 months" is one word: Munro.
Munro has been with them for more than a year, and the silly trike will still be close to production in 2024. That's much longer than 6 months. And there were 4 prototypes before he got sucked in.
@@aussieideasman8498 no need for derogatory terms, imo. There are definitly many valid usecases for that kind of vehicle. Question will be if they can do it for a fitting price.
@@percurious There are bigger issues than calling the trike silly, and doing so doesn't eliminate a single one. There are great use cases for George Jetson's briefcase that turns into his flying saucer, but it's not the use cases that are the issues - it's the fact that there is nothing that has shown to work. After 5 prototypes, one would expect proof of being fit for purpose. Hasn't happened. My question is can they do it? - no price concern at all. People pay $20 for a handbag, while others pay $20,000 for one that does the same thing, but both are real. Same for watches, art (add millions), and just about anything; but all are real. This is vaporware and snake oil territory.
@@aussieideasman8498 Why make everything into a religion? If you dislike it, ignore it. If you resort to calling it names, maybe consider questioning your own motives. Or reasoning. Same as Warren. No need to protect the world from a small startup.
@@percurious "Why make everything into a religion?" Who has?
"If you dislike it, ignore it." That's my choice, and there is nothing wrong with telling others. Do I say people who like it should remain silent? No, but I do say they shouldn't lie about it. Plenty of those around.
"If you resort to calling it names, maybe consider questioning your own motives." Well past that stage, and firmly set on resorting to calling it a silly trike. What now?
"Or reasoning." I have some of the best reasoning in the business, and you don't know the half of it.
"Same as Warren." I'm sure his motives and reasoning are quite different to mine, and has he made a religion of it?
"No need to protect the world from a small startup." I agree, but there is a need to protect the gullible from some small startups. You should try it, sometime.
If you charge 40miles/day and use 30miles/day on average you can take a longer trip once in a while since you add 10miles/day (=1kwh) on average to the battery. But I agree, it’s a long stretch to say most won’t never need to charge.
Most owners will be lucky to see 10 miles/day solar charging at best.
@@fredbloggs5902 yes (my point was more theoretical), also those owners need to exist in the first place too, since there is no product yet. A similar company „Sono Motors“ just went bankrupt with their self charging car, the Sion, in Germany.
@@fredbloggs5902 not really the math has been verified and adds up to an average overall of around 25-30mi/day.
@@Airman749 nope, surprisingly enough, not everyone lives in California.
@@misterm9375 Similar to Sono?
Aptera is similar to Sono like Rachel Hunter is similar to Rachel Levine.
Be less wrong. Many of your questions have easily available answers. It would have been better if you had done more research imho.
List them. Not that easy?
@@aussieideasman8498 Actually it is, but I'm not the one claiming analysis on TH-cam without doing the research. I'm also not inclined to reward someone who hasn't done the work I have. Research, not that easy?
@@MonsterSound.Bradley "Actually it is," Then no excuse.
"but I'm not the one claiming analysis on TH-cam" You don't have to be, so that's still no excuse. You can explain to readers why you need to be the one. I am very interested, myself.
"without doing the research." Neither is Warren doing no research. He put up the very documents he researched. He even said how far his investigating went, and that became an accusation against him by the real dopes.
"I'm also not inclined to reward someone who hasn't done the work I have." If you don't list, your work is good for nobody. It is only for your own benefit, so you ought to keep it to yourself. That means, say nothing in the first place.
"Research, not that easy?" What's this about? When I said "not that easy", I meant answers - that's the topic you gave. Stay on topic. Of course research is often hard, but it depends on what one researches. I also agree that his video would have been better had he done more research, but it was convincing enough on the documents he used. It's your "be less wrong" I am disputing, and I am inclined to tell you to listen to your own advice. Actually - just be less heard until you get a brain.
Shallow analysis that amounts to no more than his opinion. He just "doubts" everything, but doesn't do any real analysis. Troll.
Your menu logic and how it lists the "Invest" and "Accelerate" options first is very skewed and I would say you're being disingenuous . When someone goes into their website the first thing they see is not the menu. Heck the menu is somewhat hard to notice especially if you're not looking for it (it doesn't even pop up). The first thing we greeted with on their website is the background video of the car and "Reserve" in bright green. This is what stands out first to anyone who visits their website. So to me it looks like first and foremost, they are pushing their product. Of course there's a big chance that it will fail, it's a start up after all and no one is denying that but there's no need to show something out of context just to prove your narrative.
Love that Tesla is working with Aptera. Warren needs to do more homework. I for one would love to spend my money on a vehicle I will never have to spend money on fuel ever again. If I ever want to do a road trip I'll hop in a Tesla but for every day use in town... Aptera is my pick.
If there was any value and putting solar panels on a car Tesla would already be doing it. End of story. Tesla is not working withaptera on anything
@@williamminehan4416 You are right: Solar adds very little to a car that isn't as super efficient as an Aptera. Apples and oranges.
@@williamminehan4416 Aptera is not Tesla, just like a Lightning is not a model 3... Completely different vehicles. The fact that Tesla doesn't use PV has zero bearing on why it makes sense on the Aptera. But you have to invest in understanding the engineering to see why.
@@williamminehan4416 I'm not going to go into it here. You just got to educate yourself and do some research. There is a reason why it doesn't work on a Tesla and does on an Aptera. It's already proven... like 2 years ago... this is old news. Just open your mind and do some research bro. Sandy M. also talks about it.
@@D0li0 Very true. People just need to do some research and open there eyes. Aptera is not a Tesla.
The fact that he opens telling us that he was mistaken when he called Lucid Motors a scam (prematurely working off incomplete information) tells us everything we need to know about this man. He is willfully ignorant, and has no problem calling a company doomed without doing any real research into Aptera, beyond looking for small marketing points that don't make sense to him. All of the issues that he has with Aptera focusing on investments now, and being risky, are common to ALL startup businesses! Ironically, he is probably doing more to promote Aptera than to shoot it down, because as people research for themselves the facts will show if the Aptera is a good fit for them or not. Also, looking into it this guy is trying to build and sell a single seat "robotaxi" EV, which is probably the reason why he wants so hard to discredit Aptera.
Warren, you know little about the Aptera progress or design. It shows in your comments.. You aren't up to speed
They can't get revenue until they have volume manufacture lines set up.. That is why they want investment now..$150 million.
We shall see hopefully they will get this investment based on over 40k reservations.
Engineering is well thought out and tested.
Tim, you know little about the Aptera progress or design. It shows in your comments.
The state grant requires Aptera to spend $21 million that will be matched by the state.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
21 million is a drop in the bucket, they need at least another 150 million to start. costs of everything continue to rise.
@@RomanChaar yes, but $42 million helps get the additional funding.
@@Dularr maybe, but it's hard to raise 100 million cash in a car company, ESPECIALLY as interest rates rise. Car companies make super small margins, so an investor would rather put their money else where than take a HUGE risk with aptera which will be very difficult to make margins at scale. Elon didn't brush off aptera for no reason at the shareholder event. Porotypes are easy, profitable mass production is extremely hard. Let alone competing with the model 3 which seats 5 people and is WAY more safe.
@@EarthCreature. lol I don’t hate, I am elaborating my concerns because clearly this company has big business problems
It seems to me like Warren is casting a bunch of doubts about Aptera based on his feelings instead of doing the hard work of calculating the numbers. Just one of these is the claim that an Aptera can generate enough power to go up to 40 miles on solar and says he doubts it can. It would have been good to at least figure out how much power the solar would generate, factor in some loss for conversion and storage, and then actually see how far that would take you down the highway. It's really not that hard.
Here is the truth about the solar. They said the Alpha's had it, and they had fake cells that could not take the silly trikes an inch. They didn't bother putting any on the Beta, then they claimed at the Gamma reveal that it was the first with working solar. This was after AOC had revealed Alpha's were fake. Had that not happened, they would have maintained the lies. So Gamma had the bare minimum solar, and never revealed how far it ever went on it. Next they put more on the hood, and still didn't say how far it could go. Then it got shipped overseas and quickly the hood solar was removed, indicating it was useless, anyhow. After months of sitting in the sun, and with a claimed 400 mile battery range to boot, it was shown charging up at St Moritz. I could only estimate the total drive to have been under two miles in all those months, and that day would have been about half a mile in the carpark and on the frozen pond, which the sun would have replenished, had it worked. You are being sold snake oil.
@@aussieideasman8498 Tree stump
Weren't people saying this sort of stuff in Tesla's early days?
No, because Tesla had enough own money to pay for development and production of their first roadster model. And at that time it was the first modern BEV.
Aptera was founded 2005, and went under 2011. Now, somehow, with the same founder, it going to be successful? Same with Fisker...
If Aptera honors their commitment to 'Owner Privacy' and 'Right to Repair' it will be a winner.
Warren, I often agree with you, but not this time. Although a two Tesla buyer, and EQS owner, I’m also an Aptera reservation holder and investor. This is my vehicle for 90% of travel, about 40 miles or less. I’m not counting on the solar and will simply charge at home. Hopefully they can produce the 1000 mi version, but will accept the 600 if it arrives sooner.
The 1000 is last off the production line. I changed my order from that model to the 600 when I saw the roadmap - plus 600 is more than enough for even the longest leg I could bear on a long roadtrip, even with cold weather range loss it will be fine for my use. Daily commuting is nice, but I look forward to getting the camping kit and taking my Aptera on long-range trips. No gas, even without "supercharging" the Aptera will add miles to the battery very rapidly with its efficience, and no longer having to pay $100 every 6-8 weeks for an oil change are all anticipated benefits.
Let us know when you get one.
@@EdwardBartel Ed, I agree with you 100%. I'll switch to the 600 mi model when it is introduced before the 1000 mi. My thinking was they would produce the highest profit, longest range model earlier than others. We may find the 1000 mi is too heavy or compromises interior room, making it less desirable.
@@johnpoldo8817 I don't think there will be any compromises on interior room in a way that matters. The smaller batteries are integrated in the traditional skateboard along the floor of the vehicle, while the 1000 adds a battery pack that tilts up from the back of the skateboard behind the seats.
They're still testing with the Gamma Prototype, they still have not added regen/hill holder and the interior still needs "tweeks".
....
Imaging how much this could change the world, lower cost of travel, lower electricity consumption, carbon fiber, it doesn’t rust, most people are commuting by themselves, and already have spare used gas car for the weekend or family trips.
Opinions are like armpit,we have a couple of them and they usually stink
People will obviously drive their Aptera more than 40 miles sometimes, but we don't drive our car every day and many days less than 40 miles, so in those cases "solar" range will be added for free. Just don't park it in your garage or under shade. Aptera's main attribute is substantially reduced aero drag and rolling resistance on top of its lower weight and solar energy boost.
Aptera got advice from Sandy Monroe. They are probably going to succeed by knowing their limitations and fixing them early on. They are using the Tesla plug for charging. They have a chance for success. If you want to invest for something guaranteed invest in an index fund but if you want to take a gamble on a good future? Aptera might be worth the bet. Probably better odds than betting on the NBA finals winner in March.
APTERA cant even get SOLAR to work in any Vehicle.
let that SINK in.
So the best comparison you can make is to literal gambling
@@bob15479 the whole market is a gamble all you can do is make the best educated decisions for the best outcomes.
@@bob15479 All these investment gurus you've seen the recent decade have all surfed on a big bull market, they have given a twisted picture of how it actually is; it is in fact very much gambling when it's a bear market. The reality is that you can never be certain enough to put in money you're not ready to lose; especially with startups. All you can do is look at the company and estimate their chances based on the evidence, but the problem with startups in this field is that even if they are doing everything right like Aptera is doing, there's still a big risk of them not going all the way.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
I'm living in my self built solar/geothermal all electric home. 3400sqft heated and cooled at all times. Have had zero bills going on 6 years. I didn't build it because I'm a tree hugger. Living in Wisconsin I kinda like global warming. I built it because it will allow me to think about retiring some day with zero bills to worry about.
Aptera would also add to the zero bills to worry about. Also would give me a backup battery for the house. That would run my entire house for 10 days without any solar. 600mile/60kw. Bonus.
All start-ups are risky. I don't have the money to invest right now. Have 2 more years to pay off the build loan. I told my brother to invest in tesla when they were going to go public. He didn't. He would have been rich right now. I think Aptera is going in the right direction right now. But nothing is guaranteed.
I agree it’s a big risk, but if they can find one person with deep pockets, it will go forward as the steel dies have been cut, now imagine a go to work car that doesn’t need gas or charging. That’s what Aptera is talking about. If we don’t stop polluting, there won’t be any humans on earth in 75 years
This video has not aged well. At this point, the expensive tooling for all the body parts has been finished and all have produced validated parts for the 16 Production Intent validation builds.
Mitsubishi has purchased a controlling interest in CPC on the promise of the increased volume of Aptera body production.
Customer deliveries are likely to begin at the end of 2024 or the beginning of 2025, with volume production from the start.
Dude! First of all -STARTUP- so…no kidding this a high risk investment.
Your commentary on their 2022 prospectus reeks of “have you EVER read a prospectus before!?” “Have you ever read a prospectus for a pre-production startup company before!!?” Clearly Aptera isn’t an on-going concern. Is this a retirement grade investment? No.
Bottom line take some time, do some homework, all of your questions and “concerns” are addressed in publicly available content.
Why you’re rendering an opinion without being better informed is beyond me.
Honestly you’re stepping out here prematurely.
Dig deeper.
Technologically a very poor analysis:
with an efficiency of 100 Wh/km, a solar power of 500 W gives you a realistic range of 20 km/day, which is huge. Aptera is so efficient, that HVAC compete with the drivetrain in terms of needed energy.
Very sad that Warren didnt do much actual research on the product before posting an obviously biased hit video
sad? NO. informative about WR not Aptera.
@@casylong8383 Why don't you and John B point out the obviously biased parts? You can even suggest what caused this bias.
Everybody said Tesla would fail also. You offer an opinion that nobody wants to buy this vehicle. People are sick of new car prices averaging $47,000. (blue book). People are sick of internal combustion maintenance and high gas prices. People are sick of high dealer maintenance costs.. Aptera offers repair freedom on their vehicles. They give mechanics the right to fix Apteras, which if i understand correctly is not rocket science. Just try to find someone to fix your Tesla besides a dealer. I don't know enough to know if you are right or wrong. PS, It is illegal to fix your own John Deer Tractor.
You begin by casting shade. You question Aptera's range estimates without evidence. You say "I'm not toing to say fraud" while you say fraud.
You then cast shade on their investors. Do you have any evidence, any at all, to present?
Aptera need to provide some evidence.
I think you are missing a point. There is pent up demand for a solar car for those who are apartment dwellers who can’t plug in from their parking spaces. To make a solar car work it must be ultralight and super efficient. There are so many innovations recently and I agree they should focus on affordable things at first.
"Don't invest in our company."
--Elon
Excellent 😆
At around 4 minutes in your argument is that the average American drives more than 30 miles but you do not argue the average per day. How does that make any sense? If the average is 30 and you are suggesting someone goes on a 250 mile trip that means for another 8+ days they will not drive their vehicles at all. That is generally how averages work. In that sense, if the vehicle had stored up 40+ miles per day for 8 days it would still be able to do that 250 mile trip. Anyhow, they specifically refer to the 1,000 mile version with all the solar panels which is the top of the line but you default to a lower version for your argument. Your argument would seem stronger if you gave them the benefit of the doubt and their claims still seemed dubious at best but your argument is flawed to begin with.
Venture capitalists want to invest in something much more socially destructive.
And less risky than crowdfunding.
This is what we call a LOW INFORMATION opinion.
I'm wondering if Aptera might appeal to some motorcycle/trike riders. Quite a few of these cost as much or more than an Aptera, are more dangerous and get worse gas mileage than many cars. I won't mention noise. No matter how you slice it fuel costs for an Aptera will be very inexpensive. IMO the solar function is probably not worth the cost for many people as electricity is so cheap.
I'm paying 30 cents a kWh, at night, in the Bay Area. Not exactly cheap and I don't foresee the price ever going down. I want to make my own!
@@billman5379 Yikes, my rate is 9.5 cents per kWh (mid Minnesota) and with a dedicated EV charger it's 6.6 cents from 8pm to 8am. The electric company wants people to install chargers and charge at night to use the electricity that otherwise would be siphoned off and wasted. They even pay for much of the charger and installation. Wonder why there's such a massive difference in cost?
@@StormyDog Californication....simple
Every motorcycle I've owned that got under 40mpg was driven by a complete lunatic 🤣. If a more budget conscious personality rode the speed limit they were almost all at least as cheap at the pump as a prius
@@billman5379 Move to Minnesota; put solar on your roof - and give up on the silly trike.
In the first 5 minutes, this man states that he has not studied the Apterra science or listened to the scientist and engineers who created the apterra based on aerodynamics with a mission to transform the transportation industry that actually lives in harmony with nature. I wouldn't waste any more time to continue watching this opinion based video.
I love you brother but I disabuse you good sir. You really didn't do your homework. We all make mistakes but I hope you can come out with a correction video soon.
If he does his homework, he is only going to have a lot more reasons to say it will fail. I have plenty of videos where you can tell me where I have got it wrong - knock yourself out.
Warren and other posters miss several points. Being a three wheel car, it is classed as an autocycle. With a carbon composite tub, seat belts, and air bags it is likely one of the safest around. It also includes a fully enclosed cabin. Regulations are different for autocycles, so comparing the Aptera to a Model 3 doesn't make sense. The two vehicles appeal to totally different buyers. It is easier to compare to a Polaris Slighshot, thousands of which have been sold. It will absolutely not ever be as, "safe" as a four wheel car. As someone else pointed out, the offering circular is designed to scare people, and usually offerings of this type are only open to accredited investors. People investing in this type of offering are prepared to loose their entire investment and only invest as much as they can loose. Even with an 800 mile range, it will still beat a Tesla, or any EV, on a road trip from L.A. to Portland because it will only have to charge once or not have to charge at all with the 1,000 mile range.
It is a 100% certitude that they will not produce 10k cars in 2022. Its 2023, and they have not updated their slide deck!
Nobody actually following Aptera is surprised that it's 2023 and no cars have been delivered. Warren used old text to support his preconceived conclusions. Aptera has kept people up to date and informed.
@@takenoshortcuts Aptera has had multiple lives and i hope it can make it.
Thank you for making videos like this. This will make Aptera works harder to prove you wrong.
Good point
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
@@RomanChaar Most vehicles on the road only have one or two passengers, also not everyone wants a Tesla.
@@AaronVets I have a tesla but after my experiences with them concerning warranty issues with the vegan leather I will never buy a tesla again.. the car itself is good, the engineering is good but just the thought of them telling me "you wear lotion on your hands" or "you dropped something on the top of the steering wheel" as reasons to why the pleather is bubbling is just too much for me... the thought of dealing with them gives me anxiety now. No more teslas for me.
Don’t tell Tailosive EV- he’s obsessed with Aptera. You should have him on your channel to debate Aptera, would be great content!
Liking the car in a click bait environment has nothing to do with viable business.
@@artsmith103 They have 42,000 pre-orders. That's upward of $1.2 billion dollars worth of viable business. Their problem is getting startup money to launch into production. Once they start delivering vehicles, they won't be able to keep up with demand.
@@apterachallenge that’s going to be their biggest problem
@@apterachallenge I understand the enthusiasm for that but it's kind of baseless. Any company can promise to deliver anything to 1,000s of people for some price. But that doesn't mean they can. There's a lot of evidence there won't be any deliveries. It looks like conservative estimate of 18 months for hopeful delivery but there is no plan to survive that time. The car is already not competitive and that will get worse.
@@Airman749 Same problem Tesla has, just on a different scale. It's a good problem to have though. Too little demand, now THAT actually WOULD be a problem.
The aptera absolutely will not fail, and will most likely be one of the most popular vehicles on the road in the next 10 years and over the next 50 years, absolutely, will replace most others
They use an a..i. application program to find the lightest and strongest way to design a part. The object being to keep the vehicle light weight.
@Johannes Dolch Actually Tesla is not their competition. A potential Aptera customer is very different. Looks don't matter to an Aptera customer. Solar independence is big. Tesla is not interested in solar. Aptera people may be more penny wise...while Tesla people are wealthier and money isn't high on their list. And on and on...
They are also using A.I. to streamline the manufacturing process, it runs thousands of permutations a day to find flaws, potentials for accidents, etc. There are a couple videos up for it on their site.
@@johannesdolch fail comment.
@@johannesdolch They don't need their use of AI to 'beat Tesla', they just need it to improve the product and productivity. And I agree that the term AI is used to much, but it is machine learning and it is making its mark across multiple industries.
And here is a big difference: RIGHT TO REPAIR! Tesla doesn't let you touch anything.
Listened into 11 minutes and there's not even an attempt to say why the business model doesn't work. Just complaint that a startup is trying to raise funds.
I see this vehicle will appeal to the commuter, young and old, Most travel by themselves or with one passenger. I have a larger vehicle 7 seater and a truck. My vehicles are not cheap to operate. A car to get you to work or the store. I see it appealing to families who need a second car. I see them appealing to a younger student where money is tight and the older empty nester who travels with only two for the most. It will charge at your friends wall socket fairly quickly. Unless you purchase the 1000 mile range it will not work well for long distance travel, but it could. Most will stop after a long drive everyday and could charge most places and you don't even need to search out a charging station. I travel long distance several times a year. Its usually a two day trip. At 1000 miles I will likely only charge once during the trip. I think the biggest draw back right now to the weird different strange look. I luv Tesla but they are a power big and yet they made there cars feasible. Aptera fills a hole that could appeal to a lot of folks if they can get over the looks.
But it's 1/3 the energy use of a tesla, so 50kw charging is equivalent to 150kw charging.
I'm definitely interested in a $40 solar car that can go 600miles with all wheel drive
That document is way out of date.
It doesn't even mention CPC forging its modular structures, it refers to their "sandwich construction" (abandoned), and yes, Chery is a Chinese manufacturer.
I can only imagine that there aren't enough free "interns" left to do an update.
I like aptera. I thought of it as an ugly car until i learned more. now i think its beautiful and original
I had to play your video at 1.5x speed and I still felt it was too long for the content that was provided. With regards to the comments on investing, sure, I could agree. I put in a reservation; personally, that is as far as I will go until the vehicles are able to be purchased.
Raising money is a real issue for new companies, especially now, and especially in the automotive industry.
As for prototypes, they already have them - a quick TH-cam check would have confirmed that to anyone. But it was decided to focus on the specifics of some financial documents, which I think is disingenuous.
The commentary on 3D printing and additive manufacturing is being provided from a position of ignorance.
The only good point this guy makes is “they’re not going to produce 10,000 units in 2022”.
I want one REAL REAL bad, so I hope it doesn't fail.
....KEEP WANTING! ......HAAAAAA!
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
build one urself
@@gasisthepastendoil yep, there's no reason to shop for anything. Let's build everything ourselves!
@@RomanChaar I didn't say Aptera was a good investment, I said I want one.
This is pure FUD. Aptera will not fail.
This video is a real stretch. Too much free time?
I read about the Aptera in early 2000s in a popular science magazine. I'm happy they have not given up. They have struggled for 20 years to make this happen. I hope they can pull it off this time.....
Warren, you are 10 times the investor I am. HOWEVER, being a pretty close follower of this company, it is immediately obvious how little you know about Aptera. I would recommend doing a deeper dive, and speaking with Chris Anthony if you get the opportunity.
My problems with Aptera.
1. Cost is too close to Tesla model 3
2. Only a two seater
3. We don’t know how safe the vehicle is, weight is a big factor.
4. Profitability is uncertain.
5. Cash flow burn of $50 million/year.
6. Doesn’t qualify for federal/state Tax rebate incentives.
7. Haven’t herd any updates on private equity fund raising.
8. Best scenario won’t start production till 2025.
9. Tesla is continuing to reduce prices and increase quality.
10. Early production models will have very few features till at least 2027.
@@RomanChaar I think most of that is pretty fair actually. A lot of question marks on Aptera. The only thing I would change is, I think the start of production is pretty likely to happen in 2024, even in limited capacity. Ramp should be "relatively" easier considering they're standing on the shoulders of Tesla, have a much simpler design, and have worked super close with Sandy Munro since inception. All things considered I think the appeal is still there. Even with the inevitable improvement to Tesla's. Freaking love Tesla's but I think both can and should exist.
@@MrStrife622 i think 2025 production will start, they still have not given a single update on how private investing is going.
@@RomanChaar Nothing concrete, that's for sure. The Accelerator program is going nicely though, and production tooling being close to done is also great. Still a ton of pieces, during an incredibly difficult time for startups. But I am hopeful and somewhat confident they will succeed.
@@MrStrife622 the accelerator program sadly with the gov grant is only covering their current $54,000,000/year cash burn.
Does he really not know what a startup is? Most of what he's talking about applied to Tesla once upon a time (not terribly long ago, actually), not to mention EVERY OTHER STARTUP since ALWAYS. It took Tesla 17 years to turn a profit when it announced that 2020 was the first full year of profitability in the company's history. I'm not saying Aptera will be the next Tesla (it almost certainly won't), but to say the company is doomed to failure after a cursory glance at their website and an investment circular is asinine.