• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Solar car maker Aptera (SEV) prices $9 million public offering at $2 per share; stock plunges

Aptera Motors has announced the pricing of a new $9 million public offering, and the terms are putting significant pressure on the stock today. The solar electric vehicle startup is issuing shares at $2.00, a steep discount to yesterday’s closing price of $2.41, as it races to secure capital for production. Read more…

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