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Barchart
Barchart
Ruchi Gupta

JPMorgan Says You Should Sell This 1 Flying Car Stock Short Now

Joby Aviation (JOBY) is a company that builds electric air taxis, quiet, all-electric flying vehicles that take off and land vertically (eVTOLs). Designed for city hops, the S4 aircraft carries four passengers plus a pilot up to 150 miles at 200 mph, slashing traffic time with zero emissions. Joby plans on-demand rides via an app, like Uber (UBER), but in the sky, targeting busy urban routes, airports, and events.

Founded in 2009, Joby is headquartered in Santa Cruz, California. It operates mainly in the United States but has partnerships extending to Dubai, Australia, Japan, and the UK.

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