The aviation industry is looking for its own Tesla
I just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation) Backed up by $400 million from Toyota and $60 Million from Delta Airlines.
I wanted to see others thoughts on this as they are both still early in their start-up phases and, from my understanding, not much will happen until 2025-2028. I am relatively new to performing Fundamental Analysis and wanted to share what I found with everyone.
ACHR is currently trading at $3.65 while JOBY is currently trading at $4.54. I've added links below to some articles from Yahoo Finance as reference.
The aviation industry is looking for its own Tesla (Yahoo.com)
Jetsons like travel in air taxis is as close as we've seen (Yahoo.com)
I wanted to see others thoughts on this as they are both still early in their start-up phases and, from my understanding, not much will happen until 2025-2028. I am relatively new to performing Fundamental Analysis and wanted to share what I found with everyone.
ACHR is currently trading at $3.65 while JOBY is currently trading at $4.54. I've added links below to some articles from Yahoo Finance as reference.
The aviation industry is looking for its own Tesla (Yahoo.com)
Jetsons like travel in air taxis is as close as we've seen (Yahoo.com)