Here's the official Aptera Crowdfunding page. This is where I've been getting my information from. So, it's a good read. Shows the crash testing, where the money is going and the return on investment. They even talk about the $400M ATVM loan that they didn't get. In the end, $21,070,000 will get them to production with a $32M profit by 2021 and a $183M profit in 2022. So, I can see why this is the way to go because they will be making a profit before Elio gets to production in February 21, 2021* and need $390M less.
*Assuming full funding today
Latest Aptera info:
https://wefunder.com/aptera
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