Flying Cars Aren't Just Science Fiction Anymore. This Company Is Leading the Charge in eVTOLs -- and Yes, It's Publicly Traded.
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The idea of hailing a flying car has always belonged to science fiction. But thanks to Joby Aviation (NYSE: JOBY), the idea of catching a flying taxi is slowly edging into reality.The company's electric vertical takeoff and landing (eVTOL) aircraft are designed to carry passengers over congested cities at speeds upwards of 200 mph. And they are quieter than a helicopter and have zero emissions. This vision isn't theoretical. Joby has already demonstrated eVTOLs in New York and Dubai and is moving through the Federal Aviation Administration's (FAA's) certification process as I write.With major strategic partners, a strong cash position, and an aggressive market expansion plan, Joby could be one of the first to make commercial flying taxis a real business. The question for investors is whether this growth stock is ready for takeoff today, or might it be wiser to wait until the company has a little more grounding?Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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