NYSE:JOBYAirlines
Goldman Sell Call Tests Joby’s Dubai Ambitions And New York Competition
Goldman Sachs initiated coverage of Joby Aviation (NYSE:JOBY) with a Sell rating, citing concerns about the company’s business model focus and manufacturing scale up.
Joby is preparing for commercial launches, including planned operations in Dubai, as it advances toward regulatory certification.
Vertical Aerospace is moving into the New York market, creating fresh competition for Joby in urban eVTOL services.
Joby Aviation sits at the center of the push to bring electric vertical take off...