Joby eVTOL production, air taxi targets attacked by shorting hedge fund
Will Joby become the Tesla of futuristic electric takeoff and landing craft (eVTOL) and operator of sustainable air taxi services while having to battle the kind of ferocious nay-saying that Elon Musk did? In some ways it already has, after attracting the unwanted attention of a hostile hedge fund that’s reinforcing its short positions on the company’s stock by circulating in-house research dramatically decrying the activity and revenue targets Joby presented to its investors as utterly unattainable.
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