JOBY Readies for Liftoff: FAA & Burn Rate Runway in Focus
Schwab Network · Schwab Network
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Show Notes
Joby Aviation (JOBY) has contracts and other agreements through companies like Toyota as it aims to get its electric helicopter fleet off the ground. However, George Tsilis notes time is running out. He estimates an 18-month runway left on its burn rate for the company to turn profitable. Joby made traction with the FAA but faces analyst pressure after Morgan Stanley's downgrade.
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