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Benzinga
Benzinga
Business
Adam Eckert

Short Seller Calls Archer Aviation The 'Nikola Of The Skies,' Says Joby Is Well Ahead In eVTOL Race

San,Jose,,California,Us,-,February,14,,2025:,Archer,Brand

Grizzly Research is shorting electric vertical take-off and landing (eVTOL) aircraft developer Archer Aviation Inc. (NYSE:ACHR), as the firm believes competitor Joby Aviation Inc. (NYSE: JOBY) is a better bet in the eVTOL space.

What To Know: Grizzly Research on Wednesday issued a bearish report on Archer Aviation, calling the company “the Nikola of the skies.”

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