All posts tagged: SEV

Aptera (SEV) now says it needs M to start production, stock drops 15%

Aptera (SEV) now says it needs $25M to start production, stock drops 15%

Published by skeptic

Source: Aptera Motors Aptera (SEV) now says it needs only about $25 million to start production of its Solar EV, down from the $40 to $45 million it quoted just seven weeks ago. It’s good news on paper. But the market didn’t buy it: Aptera’s stock fell about 15% on the announcement, leaving the solar car startup with a market cap of roughly $69 million. A smaller number, same problem In its Q2 2026 results in August, Aptera said it needed $40 to $45 million to launch low-volume production at its Carlsbad facility, plus another $140 to $160 million to reach high volume. The new plan, published today, is a lot leaner: Advertisement – scroll for more content About $25 million to start production, with the first 40 vehicles built starting by the end of 2026 $40 million more to ramp to 500 vehicles per month, which Aptera calls self-sustaining $50 million more for high-volume tooling, targeting about 20,000 vehicles a year That’s roughly $115 million all-in, compared to $180 to $205 million before. Aptera …

Carrie Julier of SEV Reveals How to Put Your Razor Into Retirement With Laser Hair Removal Tips

Carrie Julier of SEV Reveals How to Put Your Razor Into Retirement With Laser Hair Removal Tips

Published by Daniella Wilson

Silky smooth! Carrie Julier, Chief Executive Officer of SEV Laser, sat down with ET to reveal the biggest mistakes you might be making before and after your laser hair removal appointments. While sleek skin from head to toe may be the goal, getting there is easier than you might think. SEV “Each appointment at SEV is smooth, quick, and comfortable. … Most appointments are completed in 15 minutes or less, though larger treatment areas and full-body sessions typically require additional time. Many clients describe the laser pulse as a quick snap, similar to feeling a rubber band pop against the skin,” Julier notes. For an extra dose of chill, the celeb-loved aesthetic destination launched Cool Factor, a cryo-cooling technology that delivers air as cold as -22°F with each laser pulse to soothe the skin and take some of the sting out of a summer appointment. SEV “It takes on one of the biggest myths around laser hair removal: that it has to hurt. In summer, that perception can feel even stronger. It’s hot outside, you’re …

Aptera CEO shows his solar car producing more energy than his home solar

Aptera CEO shows his solar car producing more energy than his home solar

Published by skeptic

Aptera co-CEO Steve Fambro posted a data point this morning that neatly illustrates what his company has been trying to build for more than a decade: his solar electric vehicle was generating more electricity from the sun than his house was. Just after 8 a.m., Fambro said his home rooftop was producing 136 watts of solar power while the Aptera sitting outside was putting more than 300W — more than double. Obviously, this is a particular example highlighting different solar optimization strategies, but neat nonetheless. The tweet The update came on X, where Fambro wrote: “At this very instant, just after 8:00 am, my house is only making 136W of solar power. Aptera? About 300W!!” Advertisement – scroll for more content In fact, Fambro showed that his Aptera was producing 363 watts of solar power: Screenshot It’s a small, off-the-cuff observation, but it matters for a company whose entire pitch rests on the idea that a purpose-built solar EV can harvest enough energy to meaningfully cut how often you plug in. Early morning, with the …

Aptera (SEV) raises .3M through warrant exercise

Aptera (SEV) raises $6.3M through warrant exercise

Published by skeptic

Solar EV startup Aptera Motors just added some fresh funding to its development journey via warrant exercise. The funding is made possible by a public offering that began in January. It’s been ten days since our favorite (and only) SEV startup announced it had rolled its first solar electric vehicle off its validation assembly line in Southern California. That progress was made possible by a direct listing on the Nasdaq in 2025. In January, Aptera announced it had completed a $9 million equity raise led by institutional investors with the option to receive additional gross proceeds if certain warrants are exercised. At the time, Aptera co-founder and co-CEO Chris Anthony stated that the equity raise was “very intentional.” He added that if all related warrants are converted, Aptera’s total gross proceeds from the raise could reach $18 million. Less than two months later, some of those warrants are already being exercised to keep Aptera’s solar EV validation process funded, but this heightens the risk of diluting its stock. Advertisement – scroll for more content Source: Aptera …