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Aptera: On the Edge? Or On Vacation?

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A story posted yesterday on Wired.com claimed that the founders of Aptera, an electric vehicle company, has been ousted in a boardroom coup. Sounds about par for the course for a company that started with passionate founders and then hired industry veterans to come in and make it a real company.

The only problem with the story? It's untrue, at least according to PopularMechanics. In a follow up report, PM says that there is no friction between the board and the founders. There is a money problem though, so the two founders decided to take some time off to reduce the company's cash burn.

Aptera recently applied for a government loan after the rules were changed to include the three-wheeled Aptera 2e. Although the vehicle is close to production, the company still has a ways to go before the 2e starts heading out the door. In the meantime, the company is conserving cash in hopes the loan will go through.

Wired's correspondent, Daryl Siry, a former Tesla spokesman, says his sources are right and Aptera is trying to spin its way out of the story. Who's right? Read the articles and decide for yourself. 

PopularMechanics: Aptera's False Rumors

Wired: Aptera Founders Ousted in Boardroom Showdown
    

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1 Comment

ag4 says:

10:41 PM, 11/17/09

One thing for sure, the Aptera is damn wide (because of the outboard front wheels), it might be considered too wide for many.
At around 91 inches, its almost 5 inches wider than a Hummer H1 (86.5in) and about a foot wider than a Ford Expedition (78.8in)!

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