Comments by "N. Bruce Nelson" (@n.brucenelson5920) on "The Electric Viking"
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There are many people who take this as their default position without doing due diligence and it was an easy position to take starting out.
At this point, however, they have billion dollar VC firms represented on their board, and raised $100.9M in funding over 9 rounds. They have taken in over 25,000 pre-orders and the rate is increasing. They have their factory space, and a factory design produced by Sandy Munro Associates who are also investors.
They also have supply contracts for the major components, including batteries, motors, and vehicle wiring from major suppliers.
They are moving much faster than Tesla did originally, or now with the Cybertruck. I expect that we will have production Aptera on the road before we ever see Cybertrucks, in spite of both vehicles starting development at around the same time and the far greater resources available to Tesla.
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