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Joby Aviation can’t hit production targets on time, according to short sellers’ report

by Editor October 2, 2022, 1:57 am 1.9k Views

Joby Aviation can’t hit production targets on time, according to short sellers' report

A Joby Aviation Air Taxi is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021.

Andrew Kelly | Reuters

Joby Aviation, which is developing quiet, clean electric aircraft, has tantalized shareholders with plans to launch an Uber-like air taxi service into the market by 2024.

New research from

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, a short-biased hedge fund led by Chris Drose, claims that…

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