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Aptera Motors Corp. Class B ( (SEV) ) just unveiled an update.
Aptera Motors Corp. reported a GAAP net loss of $5.5 million for Q3 2025 and a nine-month net loss of $28.4 million. The company recognized $2.5 million in other income for the quarter, mainly from a California Energy Commission grant, and ended the quarter with $12 million in cash. Aptera has recently listed on Nasdaq and secured a $75 million equity line of credit to support its transition to low-volume production, although its cash position raises concerns about its ability to continue as a going concern.
More about Aptera Motors Corp. Class B
Aptera Motors Corp. is a solar mobility company focused on creating ultra-efficient transportation solutions. Its primary product is a solar electric vehicle designed to achieve high efficiency through innovations in aerodynamics, material science, and solar technology. The company is committed to sustainability and operates as a public benefit corporation headquartered in Carlsbad, California.
Average Trading Volume: 662,533
Find detailed analytics on SEV stock on TipRanks’ Stock Analysis page.