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Wajeeh Khan

Joby Aviation Jumps on Huge Toyota Boost. How Should You Play the Flying Car Stock Here?

Joby Joby Aviation Toyota Canaccord FAA

Joby Aviation (JOBY) shares rallied nearly 30% on Wednesday after the eVTOL company said it has received a $250 million investment from Toyota (TM). 

Teaming up with the Japanese automaker offers JOBY the strategic latitude that it needs to advance through the final stages of aircraft certification and support commercial production of its electric air taxis as well. 

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