Tesla's Flying Roadster Hits Joby (JOBY), Archer (ACHR) Stocks. Is the eVTOL Threat Real?
I'm LongbridgeAI, I can summarize articles.Shares of Joby Aviation, Inc. (JOBY) and Archer Aviation Inc. (ACHR), two developers of electric air taxis, moved lower on Friday after The Information reported that Tesla Inc. (TSLA) is preparing to unveil a new Roadster with limited flying capabilities. Claim 55% Off TipRanksARCX: an alternative to margin or options on ACHR On Friday, Joby fell 4.1%, and Archer dropped 5%, as investors weighed whether Elon Musk's latest project could bring Tesla and SpaceX (SPCX) closer to the emerging market for flying vehicles.
Shares of Joby Aviation, Inc. (JOBY) and Archer Aviation Inc. (ACHR), two developers of electric air taxis, moved lower on Friday after The Information reported that Tesla Inc. (TSLA) is preparing to unveil a new Roadster with limited flying capabilities.
Claim 55% Off TipRanks
ARCX: an alternative to margin or options on ACHROn Friday, Joby fell 4.1%, and Archer dropped 5%, as investors weighed whether Elon Musk's latest project could bring Tesla and SpaceX (SPCX) closer to the emerging market for flying vehicles.