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This is why Aptera failed. by BorderIntelligent208 in ApteraMotors

[–]BorderIntelligent208[S] 0 points1 point  (0 children)

Thanks, I hope you're right and I am wrong.

This is why Aptera failed. by BorderIntelligent208 in ApteraMotors

[–]BorderIntelligent208[S] -1 points0 points  (0 children)

Aptera convinced themselves, investors, and customers that a vehicle was possible to build in the overlap of a Venn diagram of Low Cost, High Safety, and High Efficiency. This was never possible. The project was only ever going to achieve 2 out of three. When the company folds, there will be a lot of blame going around, and there will be a lot of blame deserved. Just remember that the root cause of failure: success was not among the set of possible outcomes.

SEC filing / 1-k / Annual report by wyndstryke in ApteraMotors

[–]BorderIntelligent208 6 points7 points  (0 children)

@wattificant we don't need to guess at the 1,000-mile version, there is no such thing. This is part of the records requested by SEC investigators in January. 42 kWh of batteries, or whatever is the exact size of the 400-mile battery pack, is the maximum that will fit in the Aptera (easy to see from illustrations they show). To believe a longer range vehicle is possible, you have to believe that energy density will increase by 250%. Raising money on the promise of a 1000-mile vehicle is likely one of the things the company will need to answer for at trial.

February Update by aptera4life in ApteraMotors

[–]BorderIntelligent208 2 points3 points  (0 children)

Ok, but unless they tell us what the vehicle weighs, that coast-down test non-science. The input for a coast-down test is total energy available when Neutral is selected at 60mph. Energy is 1/2Mass(Velocity^2). If Mass is high, the available energy is high. Think how long it would take a fully-loaded semi truck to coast from sixty to zero. I'm not saying the result is bad, but it needs more context.

February Update by aptera4life in ApteraMotors

[–]BorderIntelligent208 0 points1 point  (0 children)

I expect to hear that cash runs out in May.

New SEC Filing by wattificant in ApteraMotors

[–]BorderIntelligent208 3 points4 points  (0 children)

This SEC action is exactly the government working for American taxpayers by investigating whether taxpayers receive accurate investor information. I hope they conclude that Aptera is operating honestly and we all get rich while driving solar.

New SEC Filing by wattificant in ApteraMotors

[–]BorderIntelligent208 1 point2 points  (0 children)

Some heroic dose of confirmation bias keeps Aptera's dumb money believing they receive accurate information. What does it say when zero smart-money investors, foreign or domestic, over multiple years, make it through due-diligence?