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Aptera Motors — Third Quarter 2026 Earnings Summary

Aptera Motors reported a GAAP net loss of $14.0 million for the third quarter of 2026 and $35.0 million for the first nine months of the year. The company raised approximately $6.0 million in gross proceeds during the quarter through a warrant inducement transaction and entered a strategic partnership with Shanghai Launch Automotive Technology to support manufacturing. As of September 30, 2026, Aptera held $9.2 million in cash and cash equivalents, including $4.1 million in refundable reservation fees, while maintaining over 49,000 vehicle reservations. Management estimates a need for approximately $25 million to reach start of production and $65 million to achieve a production rate of 500 vehicles per month.

Company
APTERA MOTORS CORP
Sector
Consumer Cyclical
Industry
Auto Manufacturers