This Popular eVTOL Stock Could Still Turn $7,500 Into a Fortune
Joby is one of the most popular eVTOL stocks in the U.S. Can it really grow as big as Tesla?
Overview
Imagine: A $7,500 investment in Tesla (NASDAQ: TSLA) at its IPO price (a split-adjusted $17 a share) in June 2010 would be worth more than $2.4 million today. If you missed that massive 32,200% return, a similar opportunity might be opening in Joby Aviation (NYSE: JOBY).
Like Tesla, Joby is trying to transform transportation with an electric vehicle. Instead of changing transportation on the ground, however, Joby is trying to do it through the air, with electric vertical takeoff and landing (eVTOL) aircraft.
Image source: Joby Aviation.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.