Joby Aviation Analysis - Will Pigs Fly?

30/03/2023 13 min

Listen "Joby Aviation Analysis - Will Pigs Fly?"

Episode Synopsis

Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Signup now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/rcXDg3o1bDE.

Our Joby Aviation analysis looks at how investors were promised loads of eVTOLs that will generate over $130 million in revenues next year. In reality, the first Joby aircraft is just now rolling off the production like while a pilot aircraft is flown for testing which paves the way towards eventual FAA certification. Investors in Joby Aviation stock need to accept that this company has a long way to go towards the vision of flying cars that was sold in their SPAC deck. They'll probably need to raise more capital to build out all their planned infrastructure which means either diluting existing Joby Aviation shareholders or taking on debt at unfavorable terms in today's gun shy market. $JOBY stock is one we're avoiding along with the entire eVTOL thesis until more traction is made. When the first FAA-approved Joby aircraft is flying a route with paying passengers, then we'll come around for another look.