Aptera Motors initiated with an Outperform at Northland

Northland analyst Ted Jackson initiated coverage of Aptera Motors (SEV) with an Outperform rating and $5 price target Aptera is “on the cusp” of commercially launching the Aptera, a unique solar-powered EV vehicle that is theoretically capable of a 40-mile solar self-charge in ideal conditions, notes the analyst, who expects to see the first vehicle sold before year-end 2026 and highlights that the company has roughly 49,000 order reservations.