FAA Approves Joby Aviation's Flying Car, Stock Surges
TL;DR Summary
Alef Aeronautics has received approval from the Federal Aviation Administration (FAA) for its flying car, "Model A," making it the first vehicle of its kind to be granted legal permission to test on the road and in the sky. The vehicle is 100% electric, drivable on public roads, and has vertical takeoff and landing capabilities. It is available for preorder at a price of $300,000, with delivery expected to start in late 2025.
- First flying car approved by FAA, now available for preorder USA TODAY
- Electric 'Flying Car' Gets Key Permit From FAA Newser
- World's first 'flying car' gets special certification from FAA FOX 32 Chicago
- Joby Aviation stock price soars; flying taxis get FAA test clearance Fast Company
- Joby Aviation stock surges on FAA approval Yahoo Finance
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