Depends. There are venture capitalists who are looking at the interest rate shift and claiming they are shifting away from low capex lottery tickets to taking another look at high capex, especially if there are fanatical buyers on the market.
That said: 1. VCs say a lot of things, and don't always put their money where they say they do. 2. It's troubling that aptera is going for even more equity crowdfunding, and that they are throwing a lot of their fanatical (first mover) supporters under the bus by preference exclusively to crowdfund investors, it's a sign of desperation.
VCs were pushing "let's build things" puff pieces about infra/physical production/goods/supply chains, at the same time they were going full degen in crypto/de-fi/web3 so.. haha.
But higher interest rates are bad for startups with no revenue, who rely on venture capital to avoid bankruptcy.