Picture the last time you were stuck in bad traffic.
Awful traffic — like in Atlanta, New York, or L.A
The kind that draws out the grumpiest side of us all, the bumper-to-bumper, stop-and-go traffic — a long red line on the GPS — with several chokepoints and squeezes, and no end in sight. That kind of traffic is no laughing matter to drivers or city planners. But thanks to Joby Aviation (NYSE: JOBY), traffic like that could one day inspire you to take an alternative route in the sky.
Call them flying cars — or taxis, or shuttles — the electric vertical takeoff and landing (eVTOL) vehicles Joby is designing have immense potential to revolutionize the transportation industry. Despite the recent sell-off of Joby stock, that potential is looking less and less imaginary by the week. Here’s why I’d be considering Joby if you’re a growth stock investor.