Now motormouth has a video praising Aptera for the motor change. That guy is a piece of work. I guess if Aptera said they were going to use child labor to build the Aptera, he's be happy with that too. Whatever Aptera says is good no matter what.
@@aussieideasman8498 - The problem I have is to decide on what YT channel I need to subscribe to and then use the promo link to get that $70 reservation for an Aptera. The $100 one is just way too rich for my blood. Only the rich people can do that.
I do like that this month has been full of surprises. Aptera is knocking it out of the park. Planning on building 371 units in 2025. Cost will be $39K, 2wd, no skin cooling, no heat pump and I'm going to go out on a limb here but I think another reveal will be no airbags. Maybe I'm wrong but at this point anything is possible. On a side note, Toyota sells a Prius with solar panels on the roof. Somehow they figured it out without Aptera. Who knew it could be done without them. At least we have the well known company called Polydrop that will use Aptera Solar.
@@artsmith103 - It's like Arcimoto. The Eugene Metro area is all things FUV. Outside of that, it's an oddity. At least Canoo is in tornado alley. I'm thinking of starting the Crapturtle in a state like North Dakota. A state nobody thinks about. Plus out of the 48 states I've been to, it's one of them (other is Idaho). At least I can get it to 49 and hopefully I can get a corporate jet to fly me to Idaho and get them all covered.
You could look at it this way: aptera investors want an aptera, this is their focus. Aptera develops a solar cell with bendy glass for the aptera. But since the directors have interest in another business with batteries in fork lifts, they see another market for the solar panels. But the money to develop those solar panels came from investors wanting a car, and so their funding is used for aptera directors to make money in another company, namely flux power holdings ( parent) or flux power inc ( subsiduary). The investors will get no reward for paying for this research which will go to another company which will reward the directors.
Oh this gets even better! Talk about jobs for the boys. It turns out that Ron Dutt Ceo at Flux Power, was a dircector at Famgrow Farms ( steve fambros venture before coming back to aptera).........wholly molly this is getting interesting. So it seems there is a group of good old boys : Michael Johnson, Ron Dutt, Steve Fambro and Chris Anthony.........aint it a small world! This video from flux power at the 52sec mark, you can see steve fambro in the centre, so it seems he also has some role at flux power. So Aptera has been given a massive amount of money by small investors wanting a car, and there is no oversight in how that money is spent, and there are all these links between various companies in the directorship, how interesting.
La Repubblica is Italian for The Republic. Amato Avvocati translates to Amato Lawyers. The Aptera Italia office sounds a bit like a WeWork situation where they rent a desk and have access to a conference room just to have a physical presence and mailing address for Italy. As for the roughly 500 jobs impact, the carbon fiber bodies and aluminum frame structures don't make themselves. The 80 people that Chris A and Steve F are constantly talking about are just the assembly mechanics. What this video is telling me is Steve/AOC is running out of things to talk about regarding Aptera. There is no news on the drivetrain and little progress on the PI prototypes. Let's not forget Aptera promised us 16 PI vehicles by this time. The moose test and crash testing was promised to begin shortly thereafter.
According to Aptera and what they tell their unaccredited investors and fans, the bink and frame make themselves. Plus they get mated and all of the suspension does it on it's own. Thus the 12 minutes to make an Aptera. Plus, all of those products make themselves in a far away country that's only 9 hours ahead. As for real investors, let's say one that wants to invest $50M, they ask these questions as opposed to the $10K fan, that is just waiting for their reward of a physical Aptera. This is why companies (just like Elio Motors) realized that a fan group and unaccredited investors works great for something like a $500 item but not for something like a $35,000 vehicle trying to act like a car. You need a bit more money to make it all work. Aptera realizes this and knows they need to do something else as they are tapped out when it comes to the mom and pop investors. They put in their $10K and now wait. Since the overall funding is short. Now is where Aptera will need to be in front of the firing line and have to answer the real world hard questions. Not the softball, feel all good and fuzzy inside ones. I agree AOC is running out of material, thus cover things from 6 months ago and read into it like it's a crystal ball.
Bill, with Italy being 9 hours ahead of Pacific Coast Time, that means Aptera is a modern retelling of the Elves and the Shoemaker. I knew a fairytale had to be involved when it comes to Aptera.
@@JoeBManco - Hopefully Chris and Steve set up survelience cameras in Italy and see the Italian elves working hard to build the Aptera. Then release the footage and let everyone know the new way to build vehicles and say, "Put that in your pipe and smoke it Elon!" I guess we can call Chris and Steve, the Brothers Aptera.
Heres a thought: if chris anthony has this battery company ( flux power) and its just down the road from aptera, why cant they produce a few battery banks for these PI builds, oh yeah that would mean moving too fast, they dont really want to get to production?
Chris Anthony left Flux as CEO in 2013 and stepped down as the Chairman of the board in 2019. Why a company like Flux needs a Chairman of the board is beyond me, as they are not that big. In general, many people like titles, especially ones that are in small businesses and want to make it seem like the business is big and they are important. For example, AOC interviewed the CEO of Airshaper. I looked up the company and it consists of three people and one of them is the CEO. Yet in the comments people praised that a CEO would take his time out of his busy day to talk about the business. Yet all the person was doing is promoting his product (which is just another software business).
Comments likely made elsewhere. 500 employees is every employee everywhere in Italy that has something to do with Aptera. If they average 1% of their time doing Aptera work it would be an achievement. The €100 million is prior raised funding. Aptera playing fast and loose with claims as usual.
Elio Motors made 15K employees. It was because of all of the economic impact they had. So it could be to the extra barista at the local cafe because of the employees at the plant needing coffee in the morning, mid day and afternoon. For example, Tesla Germany has gone through 65K coffee mugs. Someone has to make them and that adds into the number that Tesla employees in that country. As for Italy and Aptera, that will be about 1M espresso cups per year.
It certainly makes a convenient means to transfer the molds should they get into financial trouble. There have been no line entries in their SEC filing about funds or property transferred to Aptera Italia which should concern any investor. The amount of components made in Italy and across Europe guarantees they will never qualify for the ATVM loans. The California grant is written such that they only get matching funds for qualified expenses and the PDF can be found showing which companies were listed as being qualified. So in effect we already know they will not be able to avail themselves of the full 21m in matching funds. The reason I want to see them reach production is for them to put a price on the Aptera because there is more of a chance the Launch Edition will be closer to 50k than 35k. Good callout on Pininfarina ecause it was Chris Anthony who stated in the WSJ it was just a photo op with no useful numbers! As for the UAE - Aptera working with a country directly funding the genocide in Sudan is not a good look and their stance on gays is abhorrent and likely the reason of the loss of a certain director in May who works very much in the gay community.
Nice to see you come out of hibernation. I can't find any (though a short search) instance of Repubblica being used in anything other than this newspapers' name. If that's the case, you can't say they have the correct spelling because they invented a name out of the incorrect spelling of the origin - republic. It is more of a sign of incompetents starting a newspaper. If you want people who embarrass themselves, look no further than Aptera disciples. By all means, teach us how the double 'b' is correct, but you can't use the newspaper name as evidence.
@@JoeBManco Only correct for the paper title, which they couldn't spell properly in the first place. Read my explanation to EP five times and think hard each time.
@@aussieideasman8498 La Repubblica is Italian for The Republic. Read that five times and think hard each time. Edited to add: Italy's formal name in Italian is Repubblica Italiana.
@@JoeBManco I'll concede they have it that way - and the Italians are dumb. It's why they have the Catholic church. Reminds me of the old question why God didn't have Jesus born in Italy - couldn't find three wise men and a virgin, LoL.
His response was I'm not sure what your "friend's" angle is but he has mentioned flux power before. It's very clearly listed in his LinkedIn page. He also doesn't mention that he worked for the US army and illumina in every single one of his interviews. He also doesn't mention that he sometimes eats pancakes for breakfast from time to time. See if your friend has other burning questions that I should ask.
@@namenotshown9277 I am making a video on his interview with Tim, and I mention my list going through a person in my comments section [you] on a video of mine. I will push the issue. If he backs out, it's on him and I will expose him for it, albeit on my videos as I make more. It is clear that the cretin only asks questions that serve his own purposes, but I will make a proper list that should be in the interest of the general public. If he doesn't ask them, then we know he is self-serving. Aptera Motors hasn't given him a new appointment for months and I am suspicious they don't want him to visit, but the cretin has said he wants to go when he can test ride in a PI, so I can't blame them. It just seems that doing two visits over such a long time is plausible and he doesn't have the sense to think of that simple option. With a drivable PI looking like coming more than a year after he wanted to first go, he is truly a dumb#55, and by the time he gets to go most of my list will have been answered before he gets to ask. We are dealing with someone who is not only unscrupulous, but a bit thick between the ears, lol.
@@aussieideasman8498 looks like I'm blocked, seems he has no open mindedness towards the truth, my interest is in what are the real data, not the better than best case numbers aptera speak about as if true world data.
Steve Fambro said on a video, that the italian maker of he binks had given them a permanent office space in their building.........i suspect he really rented this other place and is saying its part of the italian bink makers offices.The hundred million euros referred to is the money they raised from the webfunder campaign, from the poor gullible folks who thought they would get a nice shiny aptera car.
@@namenotshown9277 - CPC is a supplier. People get creative with the wording and things come out to where the superfans think that these suppliers are going to invest into Aptera are overly excited about dealing with Aptera. Yet Aptera is just a customer.
@@billsmith5960 Aptera signed with CPC in November 2022 in order to speed up the supply of body shells. In 20 months Aptera have one, plus a mock-up of another left over from a French trade show. How many shells could they have made in that time if the defunct boat factory made them? No long shipping and no roll bars either.
All I see are just more snippets of Steve and company saying what they plan on doing in the future. If that equates to being busy then I can be super busy doing the same thing. For example, My new company Craptera, aims to mine the new crypto, Crapteracoin, then invest it into Italy and then build 20 plants in that country employing 30K people. In addition to that, I'll invest into a website and social media accounts. Plus, use lots of stock footage of Italy and people working (those people can be from anywhere because nobody cares). I'll also need about a dozen AI generated headshots with names, titles and some generic resume that just had them working in the past with a few other companies I'll make up. Once the momentum gets going, I'll announce that we aim to have one of those plants in Vatican City and aiming for the Pope to give us his blessing. I'm really getting busy in Italy. Just wait until my next update.
@@Aspkkr - It's in the works, right now, it's the Craptera in a box. I got the box done and now working on what goes inside of it. So far it's just one movement a day, but if I get more production going, then we will have many more. I'm working with a laxative company and they promise it will speed up production.
@@billsmith5960 Its clear you have a plan and that is why I will be investing and preordering. When can you tell us which laxative company you will be "going" with? If you use Ex-Lax I may become an accelerator. Thanks for being so transparent. Go Craptera GO
I have just watched the AOC video with the breaking news that he has discovered Vitesco will produce the drivetrain. I have a busy next few days, but will try to make a video on this one - it's so good for entertainment. However, I just wanted to say that I picked up on the disclaimer in his source material that dissemination of the material's content is prohibited without the permission of the material's provider (US Capital), and I wonder if the cretin has been given that permission? If I make a video evaluating his video, does it risk me breaking the law? Or has the horse bolted and I am free to make what only has been the cat out of the bag by AOC? On another thought - how is it that Aptera didn't announce the drivetrain if they were able to put it in a presentation to US Capital? What was in that NDA? LoL Finally, no in-hub motors - one more giant alteration to what people paid for. Swallow that one you gullible disciples.
When it comes to real investors (as opposed to the superfan investors) they have to be much more up front. None of this opaque information. So, this information on the motors didn't happen overnight. It's been going on and Aptera just realized it was better to just keep the superfans guessing all while they had to be honest with the real investors. Now you see why they are cranking out any new information because they need to show actual progress on the other 95% of the vehicle that they have been silent on. We can only celebrate the bink so much. Again, another wholesale change to the Aptera which tells me it was never to be in production even in 2022. Yet the superfans will accept it. I wonder what the next big change will be? You know it's coming.
@@billsmith5960 Chris Mac is busy making a full disclosure video now because AOC has caught them disclosing the supplier name to US Capital. I bet they aren't happy with the cretin.
@@aussieideasman8498 - It's just making Apera better. Remember, the first company to make hub motors is Porsche. Aptera is only going to use hub motors. So, having Porsche motors and Italian Supercar Chassis all for $25,900 USD, just shows that the Aptera is the best thing ever along with the skin cooling.
@@aussieideasman8498 - In the Porsche Museum, they have the first Porsche and it was electric and had 4 wheel hub motors on it. Since I work on Porsches in Motorsport, they are just another car to me. Some are a royal pain to work on and others are just fine. I do have a 1968 VW bus with a Porsche 911 engine in it.
Since Aptera is falsifying its range data ( 40 miles per day), and using this to get investors, would that not make them open to legal action from investors, when investors loose money they will be wanting some returns.
Just remember, Paul Elio claimed 84 mpg then changed it to up to 84 mpg. He also claimed 5 star crash rating and NHTSA made hime change it to "engineered to the highest safety standards". Plus he claimed a $6,800 price when he did the IPO but then changed to to $7,450. So now he is selling refurbished used cars in Phoenix. If that guy got away with it, then Aptera is just fine. Remember, you can run a business really bad and when you are to make a product, as long as you come up short, then it's all legal. I suggest you look up Paul Moller. He's the grandfather of the flying car. Moller International is his business. If that wasn't enough, he started another one, called Freedom Motors. The overall project has been going on since the 60's. He even sold stock illegally and got nailed by the SEC back in the early 2000's. Then did an IPO. The superfans referred to themselves as the Moller Millionaires. This was because they bought up the stock and were waiting for it to go to the moon. Long story short, it's delisted and the company went silent. Paul is so old, at this point it doesn't matter. Paul Moller is the master and everyone needs to bow down to him as he has done it longer than anyone and got away scott free.
Then look at Arcimoto. On the IPO offering, they were to have optional full hard enclosure, HVAC and even an extended battery pack. They even told everyone that once they got the volume up on their RAMP factory, they were going to get the price down to $11,900. None of that happened. Stock tanked, they blamed all the usual stuff because it's everyone elses fault. All while the CEO and founder got a DUI in an actual FUV and left the company (still holds the majority of stock though). Only to just be farting around with whatever his next project will be. Another tale of how to get away with it. So, Aptera and the founders are perfectly safe.
I just watched a video on their history and it is similar. There have been many crowdfunded ideas that just never work out. I knew years ago when crowdfunding became a thing, that it was open to dreamers that can easily get in over their heads. Elio Motors did this. Over and over again they put the carrot out there and the uninformed just threw money at them. With Elio they were talking about targeted release dates but then they delayed those and promptly went back to the drawing board and kept making changes to the vehicle. Showing that the design that people fell in love with was not what could be produced. These major design changes took a drain on the finances (along with many bad mistakes from the past) and thus the crowdfunding and IPO money ran out way before they could ever get the vehicle even to the point of pre production testing. Aptera is doing what Elio did back in 2015. New chassis and body. All of a sudden all of these updates for something that should have been done a few years ago. Again, people had to sign NDA's and couldn't talk about the progress or the fundraising. Thus, just like with Aptera, seems to be hush hush on the details. The superfans will support it as they seem to think that this is normal. Yet they avoid the thing that if they released it in 2022, it would be nothing like what is planned today. So, it's OK to just give a date, come up with a new round of fundraising and then redesign the product as they know perfectly well as the 2022 model was never to be production ready. It was just the shiny object in the room with lots of claims.
This is too long not to preserve (from today's 'Is Aptera a scam?'): What do I think? I think you are prepping people for the end of the scam, where just as happened in 2011 when they folded they laid the blame on the lack of funds. You probably know the end is getting close, and you want the same lie to excuse them from not delivering a product. Let me tell people about things you omitted to say? In 2006 Aptera made a few prototypes which they never proved got the 350mpg they claimed, nor the skin cooling was fit for purpose. The X-Prize race in 2011 proved it overheated before it could finish, and they never showed they had resolved the skin cooling issue. On the financial side, they had backing from Google, which is a company so rich it could have continued to back them out of petty cash, but Google didn't add more money after the X-Prize debacle, nor did any other big company. There had to be a reason for existing backers to opt out, and not being able to find others. The IP rights were sold to other and no new owner in the following 8 years did anything about it. One owner was a Chinese company that would have had millions driving around in China by now, had it been viable. Then in 2019 the same two snake oil salesmen have another shot at it. I believe there had been changes to crowdfunding laws in the interim that probably made scamming easier, but regardless, they had no corporate backing show up. They promised a nearly $50,000 item at the top end for as little as a $70 preorder deposit; no comparable item has had such a low entry point. They made three fake prototypes inside a year, claiming they could do all sorts of things they either couldn't do or didn't prove. The solar was completely fake, as was regenerative braking. Things like range and performance values were highly exaggerated and no prototype was driven long enough to display it was not going to overheat. Next they built the Beta in record time and put a radiator on it, leaving most things off it. It was supposed to be one of between 6 and 12 to test stuff, but it remained one that tested almost nothing and went into joyride service instead. It was promised to not even be road registered, but they quickly did an about face on that. There was only 3 years and 4 prototypes were driving. Two years more and all they have extra is the fake Gamma - built from composite resin after they had contracted with CPC to change the material. CPC has only delivered one shell for them to make up to 16 PI prototypes in that past two years. Aptera has taken 17 weeks to do pretty much nothing to that shell so far. They have none of the 13 production stations, and not only don't they have any parts inventory, they have no drivetrain; no frame; no rear solar hatch; no roll cage (didn't need one with the old shell); and most importantly - have announced their skin cooling is dropped because they can't make a belly pan that works. If the are not a scam they are obviously inept, but their lies along the way are pretty obvious. Your account of a good effort and difficulty raising cash is getting people ready for the same lie they inflicted the first time around. What the authorities need to do is take their fake prototypes and run tests to see how far below the promises they are and take them to court if they are not within the 5% accuracy they claim their CFD methods allow them to advertise. This will determine whether a second scam has happened. The state of the empty warehouse at Carlsbad will also indicate a Ponzi scheme was in operation. That's what I think.
heres a recent interview with fambro and polydrop camper guy. czcams.com/video/1NeEgBXe9CE/video.html Interesting comments by Fambro: production will 'definitely' start next year.......he said definitely, was his exact wording. He also said they are in a 'coast' phase at the moment.........more fluff
Good to see they definitely will have it in the hands of customers in Q1 or Q2 of next year. Less than a year and the Aptera will be a reality. This is the most exciting news ever.
Now motormouth has a video praising Aptera for the motor change. That guy is a piece of work. I guess if Aptera said they were going to use child labor to build the Aptera, he's be happy with that too. Whatever Aptera says is good no matter what.
It's the money they get from YT (and possibly from Aptera). Lies for cash.
@@aussieideasman8498 - The problem I have is to decide on what YT channel I need to subscribe to and then use the promo link to get that $70 reservation for an Aptera. The $100 one is just way too rich for my blood. Only the rich people can do that.
I do like that this month has been full of surprises. Aptera is knocking it out of the park. Planning on building 371 units in 2025. Cost will be $39K, 2wd, no skin cooling, no heat pump and I'm going to go out on a limb here but I think another reveal will be no airbags. Maybe I'm wrong but at this point anything is possible.
On a side note, Toyota sells a Prius with solar panels on the roof. Somehow they figured it out without Aptera. Who knew it could be done without them. At least we have the well known company called Polydrop that will use Aptera Solar.
Another surprise: They spent tens of thousands getting Gamma to an unheard of event in the UAE and this week had no display at the EV event in Denver.
@@aussieideasman8498 Anything east of Tahoe is a different country to California. The earth ends when you can't see the next supercharger.
@@artsmith103 - It's like Arcimoto. The Eugene Metro area is all things FUV. Outside of that, it's an oddity. At least Canoo is in tornado alley.
I'm thinking of starting the Crapturtle in a state like North Dakota. A state nobody thinks about. Plus out of the 48 states I've been to, it's one of them (other is Idaho). At least I can get it to 49 and hopefully I can get a corporate jet to fly me to Idaho and get them all covered.
@@billsmith5960 I'd go to Idaho before North Dakota.
You could look at it this way:
aptera investors want an aptera, this is their focus.
Aptera develops a solar cell with bendy glass for the aptera. But since the directors have interest in another business with batteries in fork lifts, they see another market for the solar panels.
But the money to develop those solar panels came from investors wanting a car, and so their funding is used for aptera directors to make money in another company, namely flux power holdings ( parent) or flux power inc ( subsiduary). The investors will get no reward for paying for this research which will go to another company which will reward the directors.
Oh this gets even better! Talk about jobs for the boys.
It turns out that Ron Dutt Ceo at Flux Power, was a dircector at Famgrow Farms ( steve fambros venture before coming back to aptera).........wholly molly this is getting interesting.
So it seems there is a group of good old boys :
Michael Johnson, Ron Dutt, Steve Fambro and Chris Anthony.........aint it a small world!
This video from flux power at the 52sec mark, you can see steve fambro in the centre, so it seems he also has some role at flux power.
So Aptera has been given a massive amount of money by small investors wanting a car, and there is no oversight in how that money is spent, and there are all these links between various companies in the directorship, how interesting.
It's just a group of guys all working together trying to get the next big thing. Funny thing is that is what happened with Elio Motors.
Now you're getting it 😂
La Repubblica is Italian for The Republic. Amato Avvocati translates to Amato Lawyers. The Aptera Italia office sounds a bit like a WeWork situation where they rent a desk and have access to a conference room just to have a physical presence and mailing address for Italy. As for the roughly 500 jobs impact, the carbon fiber bodies and aluminum frame structures don't make themselves. The 80 people that Chris A and Steve F are constantly talking about are just the assembly mechanics.
What this video is telling me is Steve/AOC is running out of things to talk about regarding Aptera. There is no news on the drivetrain and little progress on the PI prototypes. Let's not forget Aptera promised us 16 PI vehicles by this time. The moose test and crash testing was promised to begin shortly thereafter.
According to Aptera and what they tell their unaccredited investors and fans, the bink and frame make themselves. Plus they get mated and all of the suspension does it on it's own. Thus the 12 minutes to make an Aptera. Plus, all of those products make themselves in a far away country that's only 9 hours ahead.
As for real investors, let's say one that wants to invest $50M, they ask these questions as opposed to the $10K fan, that is just waiting for their reward of a physical Aptera. This is why companies (just like Elio Motors) realized that a fan group and unaccredited investors works great for something like a $500 item but not for something like a $35,000 vehicle trying to act like a car. You need a bit more money to make it all work.
Aptera realizes this and knows they need to do something else as they are tapped out when it comes to the mom and pop investors. They put in their $10K and now wait. Since the overall funding is short. Now is where Aptera will need to be in front of the firing line and have to answer the real world hard questions. Not the softball, feel all good and fuzzy inside ones.
I agree AOC is running out of material, thus cover things from 6 months ago and read into it like it's a crystal ball.
If USCG participates in this they will make a discredited laughing stock of themselves in the private placement investment world.
Bill, with Italy being 9 hours ahead of Pacific Coast Time, that means Aptera is a modern retelling of the Elves and the Shoemaker. I knew a fairytale had to be involved when it comes to Aptera.
@@JoeBManco - Hopefully Chris and Steve set up survelience cameras in Italy and see the Italian elves working hard to build the Aptera. Then release the footage and let everyone know the new way to build vehicles and say, "Put that in your pipe and smoke it Elon!"
I guess we can call Chris and Steve, the Brothers Aptera.
Heres a thought: if chris anthony has this battery company ( flux power) and its just down the road from aptera, why cant they produce a few battery banks for these PI builds, oh yeah that would mean moving too fast, they dont really want to get to production?
Chris Anthony left Flux as CEO in 2013 and stepped down as the Chairman of the board in 2019. Why a company like Flux needs a Chairman of the board is beyond me, as they are not that big. In general, many people like titles, especially ones that are in small businesses and want to make it seem like the business is big and they are important.
For example, AOC interviewed the CEO of Airshaper. I looked up the company and it consists of three people and one of them is the CEO. Yet in the comments people praised that a CEO would take his time out of his busy day to talk about the business. Yet all the person was doing is promoting his product (which is just another software business).
@@billsmith5960Chris Anthony in a very recent video, referred to flux power as his other company and its just down the road.
Comments likely made elsewhere. 500 employees is every employee everywhere in Italy that has something to do with Aptera. If they average 1% of their time doing Aptera work it would be an achievement. The €100 million is prior raised funding. Aptera playing fast and loose with claims as usual.
Elio Motors made 15K employees. It was because of all of the economic impact they had. So it could be to the extra barista at the local cafe because of the employees at the plant needing coffee in the morning, mid day and afternoon. For example, Tesla Germany has gone through 65K coffee mugs. Someone has to make them and that adds into the number that Tesla employees in that country. As for Italy and Aptera, that will be about 1M espresso cups per year.
It certainly makes a convenient means to transfer the molds should they get into financial trouble. There have been no line entries in their SEC filing about funds or property transferred to Aptera Italia which should concern any investor. The amount of components made in Italy and across Europe guarantees they will never qualify for the ATVM loans. The California grant is written such that they only get matching funds for qualified expenses and the PDF can be found showing which companies were listed as being qualified. So in effect we already know they will not be able to avail themselves of the full 21m in matching funds.
The reason I want to see them reach production is for them to put a price on the Aptera because there is more of a chance the Launch Edition will be closer to 50k than 35k.
Good callout on Pininfarina ecause it was Chris Anthony who stated in the WSJ it was just a photo op with no useful numbers!
As for the UAE - Aptera working with a country directly funding the genocide in Sudan is not a good look and their stance on gays is abhorrent and likely the reason of the loss of a certain director in May who works very much in the gay community.
Good points. BTW - don't you like my thumbnail? I thought I did a good looking one this time. It's part of the entertainment.
4:00 - The double 'b' in 'la Repubblica' is correct. You're embarrassing yourself, dear boy...🤭
Nice to see you come out of hibernation. I can't find any (though a short search) instance of Repubblica being used in anything other than this newspapers' name. If that's the case, you can't say they have the correct spelling because they invented a name out of the incorrect spelling of the origin - republic. It is more of a sign of incompetents starting a newspaper. If you want people who embarrass themselves, look no further than Aptera disciples. By all means, teach us how the double 'b' is correct, but you can't use the newspaper name as evidence.
"La Repubblica" è l'ortografia corretta.
@@JoeBManco Only correct for the paper title, which they couldn't spell properly in the first place. Read my explanation to EP five times and think hard each time.
@@aussieideasman8498 La Repubblica is Italian for The Republic. Read that five times and think hard each time.
Edited to add: Italy's formal name in Italian is Repubblica Italiana.
@@JoeBManco I'll concede they have it that way - and the Italians are dumb. It's why they have the Catholic church. Reminds me of the old question why God didn't have Jesus born in Italy - couldn't find three wise men and a virgin, LoL.
His response was
I'm not sure what your "friend's" angle is but he has mentioned flux power before. It's very clearly listed in his LinkedIn page. He also doesn't mention that he worked for the US army and illumina in every single one of his interviews. He also doesn't mention that he sometimes eats pancakes for breakfast from time to time. See if your friend has other burning questions that I should ask.
He's definitely cynical. I will make a list of questions and see if he can answer them properly.
@@aussieideasman8498 Hi Aussie man, I think he's not keen on questions, its a waste of time in my view
@@namenotshown9277 I am making a video on his interview with Tim, and I mention my list going through a person in my comments section [you] on a video of mine. I will push the issue. If he backs out, it's on him and I will expose him for it, albeit on my videos as I make more. It is clear that the cretin only asks questions that serve his own purposes, but I will make a proper list that should be in the interest of the general public. If he doesn't ask them, then we know he is self-serving. Aptera Motors hasn't given him a new appointment for months and I am suspicious they don't want him to visit, but the cretin has said he wants to go when he can test ride in a PI, so I can't blame them. It just seems that doing two visits over such a long time is plausible and he doesn't have the sense to think of that simple option. With a drivable PI looking like coming more than a year after he wanted to first go, he is truly a dumb#55, and by the time he gets to go most of my list will have been answered before he gets to ask. We are dealing with someone who is not only unscrupulous, but a bit thick between the ears, lol.
@@aussieideasman8498 looks like I'm blocked, seems he has no open mindedness towards the truth, my interest is in what are the real data, not the better than best case numbers aptera speak about as if true world data.
Steve Fambro said on a video, that the italian maker of he binks had given them a permanent office space in their building.........i suspect he really rented this other place and is saying its part of the italian bink makers offices.The hundred million euros referred to is the money they raised from the webfunder campaign, from the poor gullible folks who thought they would get a nice shiny aptera car.
If they got an office at CPC, why rent one at the other address?
@@aussieideasman8498 exactly, I suspect they were being a bit 'lazy' with the truth.
@@namenotshown9277 - CPC is a supplier. People get creative with the wording and things come out to where the superfans think that these suppliers are going to invest into Aptera are overly excited about dealing with Aptera. Yet Aptera is just a customer.
@@namenotshown9277 Or there's a rental agreement that sees cash go into paper bags.
@@billsmith5960 Aptera signed with CPC in November 2022 in order to speed up the supply of body shells. In 20 months Aptera have one, plus a mock-up of another left over from a French trade show. How many shells could they have made in that time if the defunct boat factory made them? No long shipping and no roll bars either.
All I see are just more snippets of Steve and company saying what they plan on doing in the future. If that equates to being busy then I can be super busy doing the same thing. For example, My new company Craptera, aims to mine the new crypto, Crapteracoin, then invest it into Italy and then build 20 plants in that country employing 30K people. In addition to that, I'll invest into a website and social media accounts. Plus, use lots of stock footage of Italy and people working (those people can be from anywhere because nobody cares). I'll also need about a dozen AI generated headshots with names, titles and some generic resume that just had them working in the past with a few other companies I'll make up.
Once the momentum gets going, I'll announce that we aim to have one of those plants in Vatican City and aiming for the Pope to give us his blessing.
I'm really getting busy in Italy. Just wait until my next update.
Will you be issuing a NFT? I may be interested in one, Cant spend more than 4 million though.
@@Aspkkr - It's in the works, right now, it's the Craptera in a box. I got the box done and now working on what goes inside of it. So far it's just one movement a day, but if I get more production going, then we will have many more. I'm working with a laxative company and they promise it will speed up production.
@@billsmith5960 Its clear you have a plan and that is why I will be investing and preordering. When can you tell us which laxative company you will be "going" with? If you use Ex-Lax I may become an accelerator. Thanks for being so transparent. Go Craptera GO
@@rw6262 - This is why I come here for tips to make sure my business plan will -make me lots of money- succeed.
I have just watched the AOC video with the breaking news that he has discovered Vitesco will produce the drivetrain. I have a busy next few days, but will try to make a video on this one - it's so good for entertainment. However, I just wanted to say that I picked up on the disclaimer in his source material that dissemination of the material's content is prohibited without the permission of the material's provider (US Capital), and I wonder if the cretin has been given that permission? If I make a video evaluating his video, does it risk me breaking the law? Or has the horse bolted and I am free to make what only has been the cat out of the bag by AOC?
On another thought - how is it that Aptera didn't announce the drivetrain if they were able to put it in a presentation to US Capital? What was in that NDA? LoL
Finally, no in-hub motors - one more giant alteration to what people paid for. Swallow that one you gullible disciples.
When it comes to real investors (as opposed to the superfan investors) they have to be much more up front. None of this opaque information. So, this information on the motors didn't happen overnight. It's been going on and Aptera just realized it was better to just keep the superfans guessing all while they had to be honest with the real investors.
Now you see why they are cranking out any new information because they need to show actual progress on the other 95% of the vehicle that they have been silent on. We can only celebrate the bink so much. Again, another wholesale change to the Aptera which tells me it was never to be in production even in 2022. Yet the superfans will accept it. I wonder what the next big change will be? You know it's coming.
@@billsmith5960 Chris Mac is busy making a full disclosure video now because AOC has caught them disclosing the supplier name to US Capital. I bet they aren't happy with the cretin.
@@aussieideasman8498 - It's just making Apera better. Remember, the first company to make hub motors is Porsche. Aptera is only going to use hub motors. So, having Porsche motors and Italian Supercar Chassis all for $25,900 USD, just shows that the Aptera is the best thing ever along with the skin cooling.
@@billsmith5960 I'll have the Porsche - any Porsche.
@@aussieideasman8498 - In the Porsche Museum, they have the first Porsche and it was electric and had 4 wheel hub motors on it.
Since I work on Porsches in Motorsport, they are just another car to me. Some are a royal pain to work on and others are just fine.
I do have a 1968 VW bus with a Porsche 911 engine in it.
Since Aptera is falsifying its range data ( 40 miles per day), and using this to get investors, would that not make them open to legal action from investors, when investors loose money they will be wanting some returns.
If they lie about a product they are open to legal action from government even when there are no victims.
Just remember, Paul Elio claimed 84 mpg then changed it to up to 84 mpg. He also claimed 5 star crash rating and NHTSA made hime change it to "engineered to the highest safety standards". Plus he claimed a $6,800 price when he did the IPO but then changed to to $7,450. So now he is selling refurbished used cars in Phoenix. If that guy got away with it, then Aptera is just fine.
Remember, you can run a business really bad and when you are to make a product, as long as you come up short, then it's all legal.
I suggest you look up Paul Moller. He's the grandfather of the flying car. Moller International is his business. If that wasn't enough, he started another one, called Freedom Motors. The overall project has been going on since the 60's. He even sold stock illegally and got nailed by the SEC back in the early 2000's. Then did an IPO. The superfans referred to themselves as the Moller Millionaires. This was because they bought up the stock and were waiting for it to go to the moon. Long story short, it's delisted and the company went silent. Paul is so old, at this point it doesn't matter.
Paul Moller is the master and everyone needs to bow down to him as he has done it longer than anyone and got away scott free.
Then look at Arcimoto. On the IPO offering, they were to have optional full hard enclosure, HVAC and even an extended battery pack. They even told everyone that once they got the volume up on their RAMP factory, they were going to get the price down to $11,900. None of that happened. Stock tanked, they blamed all the usual stuff because it's everyone elses fault. All while the CEO and founder got a DUI in an actual FUV and left the company (still holds the majority of stock though). Only to just be farting around with whatever his next project will be.
Another tale of how to get away with it. So, Aptera and the founders are perfectly safe.
@@billsmith5960 interesting
Aptera has a lot in common with SMACH Z
I just watched a video on their history and it is similar. There have been many crowdfunded ideas that just never work out. I knew years ago when crowdfunding became a thing, that it was open to dreamers that can easily get in over their heads. Elio Motors did this. Over and over again they put the carrot out there and the uninformed just threw money at them.
With Elio they were talking about targeted release dates but then they delayed those and promptly went back to the drawing board and kept making changes to the vehicle. Showing that the design that people fell in love with was not what could be produced. These major design changes took a drain on the finances (along with many bad mistakes from the past) and thus the crowdfunding and IPO money ran out way before they could ever get the vehicle even to the point of pre production testing.
Aptera is doing what Elio did back in 2015. New chassis and body. All of a sudden all of these updates for something that should have been done a few years ago. Again, people had to sign NDA's and couldn't talk about the progress or the fundraising. Thus, just like with Aptera, seems to be hush hush on the details. The superfans will support it as they seem to think that this is normal. Yet they avoid the thing that if they released it in 2022, it would be nothing like what is planned today. So, it's OK to just give a date, come up with a new round of fundraising and then redesign the product as they know perfectly well as the 2022 model was never to be production ready. It was just the shiny object in the room with lots of claims.
This is too long not to preserve (from today's 'Is Aptera a scam?'):
What do I think? I think you are prepping people for the end of the scam, where just as happened in 2011 when they folded they laid the blame on the lack of funds. You probably know the end is getting close, and you want the same lie to excuse them from not delivering a product. Let me tell people about things you omitted to say?
In 2006 Aptera made a few prototypes which they never proved got the 350mpg they claimed, nor the skin cooling was fit for purpose. The X-Prize race in 2011 proved it overheated before it could finish, and they never showed they had resolved the skin cooling issue. On the financial side, they had backing from Google, which is a company so rich it could have continued to back them out of petty cash, but Google didn't add more money after the X-Prize debacle, nor did any other big company. There had to be a reason for existing backers to opt out, and not being able to find others.
The IP rights were sold to other and no new owner in the following 8 years did anything about it. One owner was a Chinese company that would have had millions driving around in China by now, had it been viable.
Then in 2019 the same two snake oil salesmen have another shot at it. I believe there had been changes to crowdfunding laws in the interim that probably made scamming easier, but regardless, they had no corporate backing show up. They promised a nearly $50,000 item at the top end for as little as a $70 preorder deposit; no comparable item has had such a low entry point. They made three fake prototypes inside a year, claiming they could do all sorts of things they either couldn't do or didn't prove. The solar was completely fake, as was regenerative braking. Things like range and performance values were highly exaggerated and no prototype was driven long enough to display it was not going to overheat.
Next they built the Beta in record time and put a radiator on it, leaving most things off it. It was supposed to be one of between 6 and 12 to test stuff, but it remained one that tested almost nothing and went into joyride service instead. It was promised to not even be road registered, but they quickly did an about face on that. There was only 3 years and 4 prototypes were driving. Two years more and all they have extra is the fake Gamma - built from composite resin after they had contracted with CPC to change the material. CPC has only delivered one shell for them to make up to 16 PI prototypes in that past two years. Aptera has taken 17 weeks to do pretty much nothing to that shell so far. They have none of the 13 production stations, and not only don't they have any parts inventory, they have no drivetrain; no frame; no rear solar hatch; no roll cage (didn't need one with the old shell); and most importantly - have announced their skin cooling is dropped because they can't make a belly pan that works. If the are not a scam they are obviously inept, but their lies along the way are pretty obvious.
Your account of a good effort and difficulty raising cash is getting people ready for the same lie they inflicted the first time around. What the authorities need to do is take their fake prototypes and run tests to see how far below the promises they are and take them to court if they are not within the 5% accuracy they claim their CFD methods allow them to advertise. This will determine whether a second scam has happened. The state of the empty warehouse at Carlsbad will also indicate a Ponzi scheme was in operation. That's what I think.
heres a recent interview with fambro and polydrop camper guy.
czcams.com/video/1NeEgBXe9CE/video.html
Interesting comments by Fambro:
production will 'definitely' start next year.......he said definitely, was his exact wording.
He also said they are in a 'coast' phase at the moment.........more fluff
What is the title of the video? Don't send a URL, it can get blocked.
@@aussieideasman8498 czcams.com/video/1NeEgBXe9CE/video.html
@@aussieideasman8498 Techstination Interview with aptera polydrop
@@aussieideasman8498 czcams.com/video/1NeEgBXe9CE/video.html
Good to see they definitely will have it in the hands of customers in Q1 or Q2 of next year. Less than a year and the Aptera will be a reality. This is the most exciting news ever.