Well, vaporware is a little harsh -- they have a fine design, and many of the working prototypes would have been great as production models. They got "serious" and hired "experts" and they chewed through the money they had. They went all conventional on a very unconventional design. Death by a thousand cuts ... or something.
Again, this "Palomar" design is only a concept and will never see the light of day -- the founders hoped to build it later on, but then the experts were brought on, and things have gone seriously downhill since then.
So, yeah, vaporware but not through deception; but rather incompetence.
I posted the image because it is an interesting design; not because I think that Aptera will ever build it.
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