[thomaslangston]

This doesn't compute.

Higher interest rates makes a highly efficient and modestly sized two seater more attractive not less.

[panick21_]

The problem is that bringing a car to production is incredibly hard and incredibly expensive. Even in the best of times where the market shoves free money into you, its incredibly hard to get a mass production vehicle to market.

Lots of EV companies were high on cash and most still couldn't get a car into production.

Trying to do it now where it is way, way harder to raise massive amounts of cash is incredibly hard. And this start-up has already gone bust once, and are trying to bring a vehicle to market that is quite complex and has limited appeal.

[steveBK123]

Real interest rates are killing from both ends.

First it actually costs money to scale production as you point out.

On the consumer side it now actually costs money to buy a car. No more 8 year loans at 2.5%. Consumers are price sensitive again.

[michaelt]

Higher interest rates are good for efficient cars, true.

But higher interest rates are bad for startups with no revenue, who rely on venture capital to avoid bankruptcy.

[throwawaymaths]

Depends. There are venture capitalists who are looking at the interest rate shift and claiming they are shifting away from low capex lottery tickets to taking another look at high capex, especially if there are fanatical buyers on the market.

That said: 1. VCs say a lot of things, and don't always put their money where they say they do. 2. It's troubling that aptera is going for even more equity crowdfunding, and that they are throwing a lot of their fanatical (first mover) supporters under the bus by preference exclusively to crowdfund investors, it's a sign of desperation.

[steveBK123]

Let’s check the scoreboard in 5 years.