I'm on a long vacation at the moment. Will be back in a few weeks.

@@passivlife Great! Enjoy your time, no rush! 🙂

They should be converted into normal shares after the IPO. That means the market will determine their value. Could go up or down. Hopefully up.

Half correct. There are a few different types of shares. Aptera sell type B mon voting common stock to most people at the moment. But these become standard class A voting shares after the IPO. Aptera could issue them "prefered shares" which are also non-voting and would not convert to type A common stock, but this is unlikely to happen because US capital will want to sell them easily on the open market for maximum profit.

They will with one of the early PI builds for press and shows. You can bet it will be traveling!

@@glennzajic7318 I hope it's more than just one!

For classical OEM’s yes. For aptera with their simple manufacturing and homologation not.

Perhaps not billions, but hundreds of millions for certain.

@@JoeBManco definitely more than they have. A lot more than they have.

Aptera was designed for low production cost. They literally only need 65 million plus maybe a small safety buffer. They already spent 100 million to get to this point though. Just the last bit remaining.

@@passivlife ha ha just the last bit. They are out of cash and the most expensive part is yet to come.

Exactly. But simple supply and demand theoretically reduces the price quickly because US capital will sell huge amounts of stock soon after the IPO, to cash in as fast as possible while the price is high. Probably. Other major shareholders and Aptera fans will be more restrained. At least that's my prediction. But yes technically dilution doesn't directly affect price, but in reality it most likely will.

@@passivlife it's possible, but they're only going to IPO when they start production, at which point there's a much stronger thesis for long term growth. Honestly I think the price will be higher in the ipo

Interesting perspective. I think this deal is the reason the language in the filing changed. They may already have sold many reduced price shares to US capital who will then sell them on at a profit. Who knows. I'm sure we'll find out more at the webinar.

They needed the funding that's true. But they also had options. They have been trying to get the best deal they could. There is no point taking on debt before its necessary. Better to get as far as you can without it first. They turned down funding previously don't forget.

@@passivlife They say they had options, but i stopped believing what they say a long time ago They should prove things if they claim to be transparent. Like the solar charging Like the 10 miles per kwh Like the belly cooling Like the speed, abd distance Like the results from the windtunnel There are too many red flags....

@@shrimptopian3392 And they said they will, during the investment webinar. As an aside, Aptera has been the most transparent car company I've ever seen.

They can't be more transparent. Any potential deals are always subject to an nda. Actual vehicle performance and specifications can only be given out after the production intent vehicles are finished, which they are building as we speak.

@@passivlife If you look at their latest video, they are "Working" on the Binc.... NOT, you can clearly see that is the same as when it arrived almost 8 werks ago 🤔 Even more obvious is the way the people pretend to work on the Binc It's one big show, and i am sorry to say it, but it is starting to be an outright scam

To my understanding there are different types of shares: ones with voting rights and ones without. The ones offered here are without voting rights I guess.

Unlikely to be class b shares. Class.b (the non voting ones that are being sold at the moment, will convert to class A common stock after the IPO.

There may be less risk in the investors gaining more control over the company once Aptera has vehicles in production and on the road. The 2005 Aptera failed because the CEO abandoned the Aptera and instead decided to design a standard four wheeled automobile with higher weight and drag coefficient. They did this in order to secure a government grant, but the fear that the Aptera design was unproven had to be a factor. Once Apteras are on the market, though, it will be much more difficult to shut down the production lines, cancel all preorders for existing sales, and begin production of industry standard automobiles. It wouldn't be impossible, or course, but it would be seen by most investors as a massive loss of potential income. It will be far more likely that investors will demand that Chris and Steve accelerate their timetable for their already planned development of sedans and SUVs based on the platform. Chris and Steve may think the risk of losing control of the company is not as much of a threat under those circumstances. If it turns out that Apteras aren't in demand, then the business is doomed no matter what they do. Maybe they can shift to a four wheeled design that still fits the Aptera concept, but they will lose a lot of their uniqueness.

I agree.... very well said, making it easy to understand.

It could be, that's true. But then both sono and lightyear have similar IPs up for grabs to the highest bidder. Apteras IPs are primarily in pv. Until other evs make s move on pv, it's unclear how valuable they really are.

IP is less important these days, making a great affordable product is wayyyyyyyyyyy more important

Can you post links? I've seen news of airless tire prototypes but wasn't aware any is in production.

@@noelhwang9359 I believe the Michelin Uptis tire is now in production with main sales going to fleet services first. I figure by the time my Aptera EV. is given to me the tire will be more available, I hope.

So do we. It was amazing touching it for the first time. Head over to our forum (John mentioned it) to see more detailed photos ...

Yes agree on the front plate. We will continue focusing on Europe and working closer and closer together with Aptera Motors. News on the portal John mentioned.

Not sure where they will show it in North America but they said that they'll bring this BINC to California.

Thank you. Also for spreading the word. Head over to our forum so you stay informed about our collaboration with Aptera Motors, any news and future interviews in which we could also address your questions. Thanks again.

That was already confirmed as far as I remember.

Yes, Aptera has confirmed that the vehicle will support both Apple CarPlay and android auto. 👍