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I wonder if the tables were turned and Lucid had started up when there was little to no EV competition vs 2024, if they'd be in TSLA's place now and TSLA where Lucid is now. TSLA was lucky that there was very little competition so many years ago when they started up.

With each passing month on their November “PI’s completed in the first few months of next year” claim they continue to amass negative credibility on their claim to become a viable manufacturer.

What is the price of the vehicle?

Trains make so much more sense than Battery Powered Electric Vehicles.

The only thing that is to blame for a lack of demand is Elon's arrogance not to advertise. Assuming your car is so good that it will sell itself shows weapons grade arrogance. Ironically the cars are that good but it doesn't mean anything if people don't know about it. And Elon flat out refused to inform the public and let the lies run rampant. And now he is all surprised that people are using their IRA money for plugin hybrids instead.

Is aptera coming to australia?

So fsd is still fraud got it

I talked with a high school friend who looked into electric trucks and instead bought a F-150 Powerboost Hybrid that enables him to drive with electric power in the city where he lives to some degree. The thing he pointed out as the reason to not buy was the charging infrastructure and range not being there yet. As someone undergoing a similar process, I'm having similar thoughts. It's hard when there's 0 public chargers in a lot of the small towns around me. I know I can charge at home but off interstate travel isn't assured of charging stations. Also he told a story of a friend who went on a road trip with him and had a Hummer EV where the Hummer ran out of charge near the end. As someone looking at the Lightning and Rivian, I'm also having to reluctantly put the Powerboost Hybrid on the list. Not because that's the one I want but because of the charging infrastructure in the Midwest being dog doo. I can see why Tesla's pile up on the Chesterfield Lot (which is ironically only about 20 minutes from where I live in St. Louis.)

The 90 degree turns especially on the highways is an FSD/Enhanced auto pilot weakness I've noticed.

This vehicle is really not about fast charging, for it fast charging is irrelevant. Yet you spend all this video worrying about it. The whole point is that it is solar powered. And while it needs charging as well for normal use, overnight home charging would be plenty. Assuming they actually make them and anyone buys one, both of which seem unlikely.

I'll hold onto my Mazda 3 hatchback until the Aptera comes out.

I think Tesla needs to really consider letting you buy the lease because of the raising inventories

We bought the morning of the new rate. The delivery center was busy! A great deal on an epic vehicle. Financing it as a work vehicle made tons of sense cost was only $2k more than the plz buy covid pricing on its predecessor. After 4yrs inflation it was much cheaper than the reasonable Japanese family wagon. No oil changes or fuel! Super stoked.

You don’t agree with financing a depreciating car with nearly zero interest?! If you want to invest, or no money or in my case clean high interest debt, then it seems wiser no?

It’s not going to increase until prices come down to the $25,000 price range before EV tax credit and there’s larger infrastructure including apartments and work locations

I hope Elon will buy the company and rename it Tesla Aptera.

Very well thought-out video. On top of everything else, I wonder what the CEO has been paid.

Interest rate just seems like a scapegoat to cover for more important things. Something more important is vehicle cost, insurance costs, and everything associated with living with an EV. If EVs costs more, that's a hurdle. Also, the Federal tax credit incentive being tighten and phased out isn't helping. If insurance for EV's cost more, that's another hurdle. The enthusiasts have their EV, they've overlooked any hurdles for EV ownership. Regular folks, they won't, and that's the slump we're seeing. What's really telling are the folks who have bought an EV and have gone back to combustion engine cars.

Tried to buy a model Y today. Did the pre approval process for the .99% put in my zip code so it should have been obvious that i live in North Dakota. Got approval so i pulled the trigger and paid my deposit including the $250 non refundable fee. After they took my money the cheap interest offer went away. Promotional interest rate not available in ND. Super disappointed. Why tell me it is available just to not offer it after i paid. I’m out the $250 now. I feel like Charlie Brown.

My 2018 FSD equipped Model 3 no longer lets me pick the double pole versus single pole options. I have to turn off FSD to be able to just use cruise control. To turn FSD back on I have to agree to the Terms and Conditions all over again.

I don't want to attempt the math, but Tesla does have close to 30 billion dollars. Surely they could finance a few cars with some of that (leaving plenty leftover for capex). Are fairly rapid depreciation and just a three year bumper to bumper warranty good reasons not to buy out a lease? There is also the Osborn effect of new technology (800 volt charging, much improved suspension, steer by wire, etc.). Had I leased my 2020 model Y, I wouldn't have given a second thought to buying out the lease. At 70k miles, the front end was worn out and it never had a good ride. Insurance is expensive. I was paying over $80 more per month on my 4 year old model Y than I am on my brand new F-150 Lightning. Go figure. After my model Y experience, I'd be very wary of holding onto a Tesla past its 3 year bumper to bumper warranty (unless the warranty could be extended a couple of years?). With all of the controversy surrounding Elon, I'm afraid people's opinion of Tesla has soured even more.

The move in parts of the USA and elsewhere to add fees to EVs to compensate for lack of (liquid…) fuel taxes is depressing-is amount to be financed really reasonable for the .99% deal so true savings!? I hope so BUT then Tesla should also offer a cash discount essentially wow money craziness🤪

Saudi Arabia is trying to build a domestic car manufacturing industry from scratch. Since no car company is willing to go where there’s no parts suppliers, Saudi Arabia brought Lucid there. Lucid may never be profitable, but the hope is that it kick starts a car manufacturing industry in Saudi Arabia.

That’s how it shows how crappy Cali is. Once I moved out of Cali I pay 50$ for mine of registration every 2 yrs.

I think Aptera can influence EV demand by providing a product that isn't "doing what works" as if carbon copying competition is the way to go. Doing so makes the EV market boring, as if being an EV is the only way to stand out.

Thanks again for your excellent breakdown and passion Drew, well done!

Very excited to see this happening! Looking forward to them announcing the details in the near future, and the day that I take delivery of mine!

RUclips videos have become more nonsense! There should just be a TLDR version

I found a few '22 MYP's 25-45k miles under 35k and will likely pick one up . I considered leasing new, but like you, I don't like the lack of ownership option at the end of the lease.

I want it in Beamng 😭🙏

Makes sense now to allow the lease buyout since Tesla is now selling used inventory. The thought was the lease vehicles would become Tesla robotaxi fleet. If you sell used then allow lease buyouts

Typically equity = dilution, not "less shares to go around", but good for everyone regardless I think

I really don't understand why Tesla doesn't have the option to buy out the lease at the end of the term. I am looking to lease the model 3 performance for 3 years due to the high interest rates. I don't want an old design Model Y, I am mainly leasing due the fact I don't know if I will wanna stay in the Tesla family as this is my first Tesla. Also, I originally wanted a refreshed Model Y Performance, so with the 3 year lease I have the opportunity to know after 3 years if I want stay with Tesla, and the MYP will have been available for a few years and most of the kinks worked out. Who knows, perhaps before my 3 year lease ends, TESLA will have reversed their dumb policy of customers not having the option to buy out the lease. Even with the RoboTaxi mindset, not all customers would option to buy after the term, this still offers plenty of vehicles turned back to Tesla for a fleet and or resale.

As good as the deal is, the Aptera is going to be my next vehicle.

Musk's all too public comments and actions have cost Tesla unmeasurable sales. Forever.

Model Y should have been updated last year and the sales would have been better. My model Y lease is coming up. Going with a Hyundai 5 N

Make decent departure and charging planning software...like VW... And please don't start departure/heating when it is not activated

It convinced me. We were shopping around for used MY but with the 0.99% rate + federal + state incentives it is going to be a lower monthly payment, less interest over term of the loan, and paid off a year faster buying a new MY LR RWD than buying a used AWD 2020 in our area. Don't care to wait for the refresh we need a car in the next couple months not next year. While AWD would be nice I just want the cheapest model Y I can get.

TOO Much Tech, in Tesla Controls for New Adopters . So Much Arrogance , in Elon , & No not Everyone Likes a HUGE Control Screen w/a Rectangular Steering Wheel & no Spare Tire Etc.

People (myself at least) are able to purchase but partly either hurt or are afraid of being burned on depreciation of an ev. Tesla raised prices too much, knowing they’d have to lower when interest rates increased. Now they’ve dragged the whole ev market down by slashing so drastically and so quickly

EVs are slowing down because the majority of people don’t live in a home with a garage. Many live in apartments or Condos that don’t have a way to charge from home.

Tesla needs to kick Elon to a Chief Vision Office and remove his firing powers. He is not stable and needs to be kicked down a bit to understand long-term sustainability.

Controversial but how long until Tesla starts putting their cars in dealers?

Efficiency is the future and Aptera is leading the way. Watch as others follow.

Can’t help but think a lot of the take rate for model Y is due to the impending refresh.

It's common for people to buy out the lease on day 2 of ownership for other EVs because they want to buy a vehicle that has a battery pack that doesn't qualify for the rebate.

Interest rates? That’s cope. Fanboys need to start accepting that the adoption rate gets much harder from here. If you are an EV enthusiast you’ve already spent your money. Now the industry needs to convince regular consumers that owning an EV will be a good purchase and will be as convenient as a hybrid. Step 1: don’t fire your charging station team. Step 2: create batteries that don’t cost more to replace than the used car is worth.

Model Y interest rates are down, and range is up. I'm pretty sure lots of folks are looking hard. I'm still sticking to my plans and waiting until next year for the refreshed Y long range AWD, maybe with Hardware 5.

Yes not having lease buyouts despite going to a specific robotaxi is dumbfounding.

Step 1. Get rid of Elon.