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JOBY
Benzinga
1 min

Archer, Joby Upstaged By Chinese, Brazilian Rivals In Battle For Future Of Flight

1. JOBY faces tough competition from EHang and Eve Air Mobility. 2. EHang has achieved full certification, enhancing its market position. 3. Eve Air Mobility holds a larger order book than JOBY. 4. Both JOBY and Archer are suffering from certification delays. 5. The eVTOL market is projected to reach $100 billion by 2040.

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FAQ

Why Bearish?

JOBY's progress is hindered by certification delays, risking market position. Historical examples show that delays can significantly harm startup valuations.

How important is it?

The article highlights JOBY's competitive disadvantages impacting its market outlook.

Why Short Term?

Immediate challenges in certification might affect JOBY's stock in the near term.

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