• Jul 15th 2011 at 11:49AM
  • Add
2010 Aptera 2e - Click above for high-res image gallery

Reserving an Aptera 2e is, at this point in time, not an option, but that doesn't necessarily mean that Aptera itself is out of the game.

According to GigaOM, the three-wheeled electric automaker is not bankrupt and, in fact, just raised $2.25 million of a planned $3 million by selling securities in its latest effort to get more funds. This ain't no hoax, as Aptera's Form D filing with the Securities and Exchange Commission verifies the number.

$2.25 million is a start, but the big question is whether it will be enough? Well, back in February, Aptera's newsletter emphasized that the automaker was still seeking a Department of Energy (DOE) loan to fund manufacturing of the 2e and sort of stated that without a major influx of cash, production of the 2e will remain on hold.

Photos by Drew Phillips / Copyright ©2010 AOL

[Source: Reuters]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Toyota Corolla
    MSRP: $16,950 - $22,955
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    Share This Photo X