Interview with Aptera investor, ambassador, and reservation holder. vlog #20

In this video I share with you current financial market conditions, since they are relevant to when Aptera Motors does their IPO.
I also share with you an interview I conducted with Peter Greenberg, an Aptera Roadster reservation holder, Aptera Motors Ambassador, and an ‘all in’ investor in Aptera Motors. Peter shares his thoughts about the Roadster, Aptera Managment, Aptera’s right to repair philosophy, and so much more. I enjoyed meeting Peter and hope you enjoy the interview. - Vlog 20
0:01 - Introduction
0:52 - Welcome to My Aptera Journey
1:26 - About Rich Rodriguez
2:05 - Financial Market Conditions
3:30 - Welcome Peter Greenberg, Aptera investor, ambassador, and reservation holder
16:38 - Peter’s final thoughts
20:04 - Closing and credits
Charge on!
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Want to order an Aptera Roadster? Use my referral link below for 30% off your first Aptera preorder deposit of $100 at Aptera Motors.
tinyurl.com/49...

[@InstantTorqueYT]

It seems poetic that some of the profits from a solar business have been reinvested in Aptera. Also, thanks for the reminder to think beyond the fixed downside of investing in a startup.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey. Gold prospectors know where to find gold. Loggers know where to harvest valuable trees. Those that are dialed into the energy transition can be rewarded with Climate Wealth. Charge on!

[@billthacet]

The official motor output was reduced (No longer 150 watt total.) in conjunction with the drop in 0-60 times.

[@deanmcmanis9398]

One point that came out in a recent interview was that Elaphe (who makes the Aptera's motors) redesigned their standard 50kW motors specifically for Aptera because their original design was specifically engineered for high torque and an operating speed range and power delivery that worked best with heavy vehicles, as all other EVs (especially ones with longer range capability) have the additional weight to carry. So the in-wheel motors were redesigned for the Aptera's lighter weight, and optimized for maximum efficiency and range. Also there might have been the consideration of the Launch Edition having AWD, and yet still needing to be able to get 400 miles of range. There are more solar cells, the battery pack is slightly larger, and other improvements were made to attain that goal. There was a small reduction in power, 0-60, and maximum speed, but even though the power and performance is potentially a bit down from earlier specs, the LE Aptera will still be a VERY quick EV.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. Yes, you were correct. I remember the change in acceleration time, but forgot the change in power. 150 was such an easy number to remember…. Charge on!

[@aussieideasman8498]

@@deanmcmanis9398 That's why they shouldn't advertise a spec until they have the product. It's called ethics.

[@n.brucenelson5920]

@@aussieideasman8498 On that basis, you are condemning every automotive maker, including Tesla. If a company doesn't improve a vehicle when they find a way to, why wouldn't they? Even the 100 mph speed of the new motors is not legal on public roads, but the range increase benefits everyone. Providing the most efficient vehicle they can is what they announced and what they are doing. You don't seem to understand the nature of ethics. Too bad.

[@aussieideasman8498]

@@n.brucenelson5920 [On that basis, you are condemning every automotive maker, including Tesla.] Let the chips fall where they may, but you lie, so people should not presume I condemn Tesla until I do it, myself. And that goes for any other auto maker. Now get out your dictionary and discover what every means. [If a company doesn't improve a vehicle when they find a way to, why wouldn't they?] This has nothing to do with prematurely advertising false information. [Even the 100 mph speed of the new motors is not legal on public roads, but the range increase benefits everyone.] Legality on the roads is a separate matter. I don't believe the speed or range claims. [Providing the most efficient vehicle they can is what they announced and what they are doing.] They are making false claims, as well. It used to be unsubstantiated claims, but when they change a claim, then one has to be false. They have made numerous alterations to claims, already. [You don't seem to understand the nature of ethics. Too bad.] I understand ethics better than all the clowns who just seem to know what my understanding is. There are too many of you.

[@n.brucenelson5920]

Rich, great post! Thank you so much for this video!

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video, Bruce. It’s always good to hear from you and to watch you when you share updates and information. Do take care, and All the best!

[@aussieideasman8498]

He said Sandy put them onto CPC, and Steve F says it was his engineer (Anaj?) who did it. That means it's not a great post - it contains lies.

[@billman5379]

@@aussieideasman8498 You still here? Even with the steel dies being machined in Modena? Hang in the buddy! Oh, and a mistaken attribution is not a lie.

[@aussieideasman8498]

@@billman5379 Still here. By about tomorrow some time, I will have another video out. It will cover your steel dies in Modena point. You are welcome to refute me on it. Oh, and a mistaken attribution is closer to a lie than to the truth. Way closer.

[@ddb12345]

Rich: When Aptera IPOs, what do you the the price per share will be?

[@Rich1Rodriguez]

Thank you for watching My Aptera Journey video. This is a difficult question to answer and depends on numerous factors. Market timing is one factor. A receptive market generally prices stocks higher and the inverse is also true. This is why I usually open my videos with a market summary and analysis section. In general, I would expect initial market (set by the investment bank book runners) to be at a premium over the last privately offered shares. current shares are offered at $10.50 so I would expect something like a 20% initial pricing prior to opening the book. Once the investment banker opens their books for initial orders (before the stocks hit the market) and start to take preliminary orders, the investment banker will start to get a sense of what the market price might be. Based on that, the investment banker will adjust their opening price, higher or lower than when they started to do the initial book running. Then, once the shares start trading on the market floor it’s up to how receptive the shares actually are in the marketplace. I recall a few years ago I was doing a bond issuance, and there was relevant news from Europe that impacted the pricing of our (unrelated) bonds in New York. So you can see how nuanced this process is and the many variables. My advice best advice to Aptera Motors would be to hire a good investment banking firm with a good book of potential clients for distribution of IPO shares (e.g. Morgan Stanley, Goldman Sachs, Citi, Credit Suisse, RBC Capital Markets, BNP Paribas). That should garner the highest price. Thank you for a great question. Do take care, and Charge on!

[@gmv0553]

Peter, your little green Aptera looks just like mine! So I am an investor also. I recently changed my order to the launch edition. My reservation number is 179. I was waiting for the 600 mile battery but decided to get the 400 mile battery and possibly sell it once the 600 mile battery is available. Chris mentioned recently that they looking at closing the funding round.

[@greenbergp]

Greetings, Those are Rich's, I started out with the 1,000, saw the episode by Aptera Owners Club on too much battery, went to 600 (there is one place I would like to travel to in Oregon where it would be nice, the launch model came out and I am perfectly happy with 400 miles. I am impressed how monotone my voice was, interesting watching and listening to oneself.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. There are many insightful, reservation holders and investors in Aptera… like you. Charge on!

[@indolin]

I remember Peter from my college years in Corvallis. The compost toilet guy, friend of Rick....

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. This was the first time I met Peter. My impression was he is Ginuwine, hard-working, and an all-around good person. I believe he’s done well with his life. I like composting toilets as well. For my next home, perhaps. Charge on!

[@greenbergp]

That's me, gave away my compost toilet to an environmental group when I changed my solar greenhouse into a bedroom. Nice to see you on an Aptera youtube site.

[@SteveBueche1027]

So now we know who has the number 1 spot on the leader board.

[@greenbergp]

Nah I'm not on it yet, should be in the top 5 or less. Nothing like the guy from MD.

[@deanmcmanis9398]

@@greenbergp I was surprised by the $1 million prior investment, and I doubt that will be beat. But it is fun to watch the numbers change. I hope that the new investment stays strong and Aptera surpasses their goals. Starting production, and starting sooner rather than later is vital to Aptera's success, and getting a good return on our investment.

[@Airman749]

@@greenbergp Come on Pete! You can do better than a Million! Ha ha lol😂

[@Airman749]

My lovely wife are going to be watching the leaderboard closely. We’re hoping our total investment will get us into the top 500 or less.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. I don’t believe Peter revealed an actual dollar amount of his investment, but he was sure intent on being number one. Charge on!

[@richpate9436]

As LightYear and Sono have also discovered, funding for innovative startups during a constrained Capital Market also requires some innovative funding ideas. Aptera's design philosophy and appearance has an instant attention-getting nature about it. A well planned national tour of Gamma may be well worth the expense to Aptera to generate the interest of potential investors.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. Agreed the Aptera Roadster is instantly recognizable, an eye catcher! At this moment Aptera Delta is in Switzerland being viewed by $ billionaires. Concurrently Delta could go to the Superbowl and/or Sundance… it has been suggested prior. Charge on!

[@robinpettit7827]

I have invested in Aptera myself. I am slowly accumulating my savings to buy the Aptera. I am not touching my retirement savings as that is for a different purpose. I convinced my Dad to put in a solar water heater system in over 50 years ago. It failed after a period of time at almost the length of time that I had calculated would be breakeven in costs. I purchased an early Toyota Prius hybrid. Not a plug-in back then. I had a problem develop as a mouse had gotten into the car, and chewed through the high voltage line right in one of the areas that was almost impossible to get at without tearing the car apart. This caused the car to just stop when hitting a bump in a very random way. This soured me a bit on electric cars. I am very hyped about the Aptera as so much is accessible. I hope they make all the wires easily accessible when it needs to be repaired. I understand safety, but this is one of the major issues as things like mice are attracted to high voltage lines. If the lines are accessible and this happens, it is a straightforward repair.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. Aptera Motors is committed to right to repair, so you should be covered with any documentation you need for any repair post warranty. Charge on!

[@fanfare100]

He's car #4 on the leaderboard!

[@Rich1Rodriguez]

Thank you for watching My Aptera Journey video. I did not know that at the time of the interview. But, yes.

[@DemaGeek]

I second Bruce Nelson's comments, great coverage and interview Rich, thank you!

[@Rich1Rodriguez]

Glad you enjoyed it, thank you for watching My Aptera Journey video. Charge on!

[@fillfreakin2245]

By my rough calculations, it looks like they are selling shares for this round to the public in such a way that it values Aptera at about $750,000,000. That's almost unicorn prices. That's crazy for a car company that hasn't produced a single production car yet. They don't even have a factory to produce the car.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. I have not done a recent valuation… I like audited numbers, and the 2022 audit has not, yet been released. It would not seem to me at all unusual for a company with some $1.4 billion in preorders to be valued at some multiple of sales…. So unicorn, looks certainly feasible to me. Change on.

[@fillfreakin2245]

@@Rich1Rodriguez I'm just going by the share price they are offering and the number of shares outstanding. But the E-vehicle manufacturer bubble has burst. Just look at where Rivian is right now: they can't ramp production, parts prices are going through the roof, recalls... Pre-orders don't mean to much until a company has the ability to deliver product. Right now they just think they can deliver a $30k car. My carbon fiber bike costs $10k, with no motor, no battery, no electronics...

[@deanmcmanis9398]

Thanks Rich for the interview. It was nice to learn about Peter's background, as he has an impressive history of supporting renewable energy industries. I do hope that this new funding approach meets it's ambitious goals and helps kickstart Aptera's production. I was surprised to see many out of CA people on the Accelerate Aptera list so far, considering that everyone is required to pick up their LE Aptera from Carlsbad, CA. I am hoping that the market recovers by the time that the first production Apterae come out, and that Aptera holds off on their IPO until that time.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video Dean. Despite the fact that I live 1,000 miles from San Diego, I will be very happy to go the distance to pick up my new Aptera Roadster. I believe Aptera Motors has the capacity to time their IPO smartly. Charge on!

[@ddb12345]

Thanks. I am a fence sitter right now. I live in Iowa, but was raised in SoCal. Left there in 85. I am retired and think the Aptera is the perfect 2 person road trip vehicle. I also think it would be the perfect 1st car for a high school or college student who lives in a sunny place like SoCal. Iowa is a cold place. If I lived in a sunny warm climate, I would have already ordered an Aptera.

[@n.brucenelson5920]

@@ddb12345 I live in Iowa now, too, in Lamoni. When we get ours, I will be glad to show it to you. We are down in Lamoni, but wouldn't mind a trip to do so.

[@ddb12345]

@@n.brucenelson5920 I might just hold you to that. I am in Onawa. 3 hours and 20 according to Google. However, in an Aptera, about an hour. lol

[@Airman749]

Rich : are you Gona kick in some more for the lucky 2000?

[@Rich1Rodriguez]

The majority of my investments were at the early WeFunder stage, happily. With regret, I got divorced not long ago and the majority of my discretionary investment funds have taken flight. Charge on!

[@helenmolnar4470]

Thank you. It was a very interesting interview.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video, Helen. I’m glad you found this a value be looking for more informative videos before too long. Until then, Charge on!

[@Airman749]

Great interview Rich! Interesting about both your guys backgrounds.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video, I’m glad you enjoyed the exposé. Be looking for more informative videos before too long until then, Charge on!

[@ubaldinovega3555]

Thank you for sharing,awesome, informative, and a great guess

[@Rich1Rodriguez]

Thanks for viewing My Aptera Journey video..Be looking for more informative videos before too long. Until then, Charge on!

[@aussieideasman8498]

It was like watching paint dry. Steve Fambro says his engineer found CPC, with no mention of Sandy Munro doing it. You tell lies. But then again, it might be Steve lying. Someone has to be lying.

[@Rich1Rodriguez]

Thank you for viewing My Aptera Journey video. I watched a Monroe Live video where he unboxed a large piece from CPC then a few weeks later I saw Aptera announce adoption of CPC. Did their engineers talk? I don’t know that precisely. I know Sandy Monroe is an engineer and investor in Aptera Motors, and Monroe consults to Aptera Motors. So you could say there (contract) engineer spoke to CPC. However, to assert someone is lying is a bold statement. Do you have any evidence for such assertions? Charge on!

[@aussieideasman8498]

@@Rich1Rodriguez [Thank you for viewing My Aptera Journey video.] You're welcome. [I watched a Monroe Live video where he unboxed a large piece from CPC then a few weeks later I saw Aptera announce adoption of CPC.] So you put two and two together and got it wrong. I saw both in the same order and timeframe and made no such assumption. [Did their engineers talk?] It didn't matter. There was at least a year before the CPC announcement that Anuj (hope I spelt it right) had found them. Sandy was sent the parts months later. [I don’t know that precisely.] You don't need to know if you stick to facts you are told and not joining the dots in your head from two sources that don't actually say who found CPC. [I know Sandy Monroe is an engineer and investor in Aptera Motors, and Monroe consults to Aptera Motors.] A third, yet still irrelevant point. [So you could say there (contract) engineer spoke to CPC.] You named Sandy; Steve Fambro names Anuj(?) - even gives his last name. So you can't be right if you name Sandy. It's black and white - keep lying shades of grey out of it. [However, to assert someone is lying is a bold statement.] I make sure I am dead right when I do. Someone is lying - you or Steve F. I don't care who, because Steve and his cohort Chris have told plenty in the past, as has your senile mate Bruce baby. Now you have joined them. [Do you have any evidence for such assertions?] It took me half an hour to find this clip, so I hope you appreciate my effort. Video's come at about 5 a day, and it has been about 100 (rough calculation) since this one. I wasn't even sure how far back I would have to search. Trust me next time; I am completely reliable. The evidence is found here: Part 2 , Of Aptera's Steve Fambro Talks About Their Future and what's coming next ! From before 7:55 to after 8:10 should prove you lie. or Steve is trying to hide Sandy from the picture. [Charge on!] Like your ex-wife did? More of a charge away, I would think.

[@aussieideasman8498]

@@Rich1Rodriguez BTW, I am happy for you to provide evidence Sandy introduced CPC to Fambro. It will help me work out who's lying. On your investment theme; I notice no 4 million dollar plus leader on the leaderboard with the initials of SM. This often-quoted brag that SM has kicked in over $4 million is probably another big fat lie by many deranged fanboys. It needs to stop being circulated until it is established as being true. After that, they can post real performance figures for each of their proposed models; need to build them first.

[@n.brucenelson5920]

@@Rich1Rodriguez Rich, this poster likes to imagine things with no evidence at all, and then accuse others of lying. He doesn't know how to do his own research. He also has little tech knowledge and likes to tell whoppers as fact and then throw insults at people who know better. He does add to the viewer stats of the videos he comments on, but he has apparently been banned from larger channels (per his own claims).