Joby Aviation, a leader in eVTOL certification, faces risks due to high cash burn and upcoming capital needs. Competition from Boeing’s Wisk poses a threat, but Joby’s first-mover advantage is significant. Joby’s business model focuses on creating a vertically integrated transportation services company, which adds to its risks. The company is ahead in certification and has partnerships with Delta, Uber, and Toyota. Joby may face challenges with funding and could potentially dilute existing shareholders’ interests. Despite risks, Joby has upside potential through its integrated business model and partnerships.

Joby Aviation’s future depends on overcoming risks related to its business model and funding needs. The company’s focus on vertical integration and partnerships with industry giants provide potential upside but also raise concerns about dilution and competition. Joby’s success in the eVTOL market hinges on certification, operational readiness, and strategic investments. With a first-mover advantage and strong industry partnerships, Joby is positioned for growth, but investors should carefully consider the risks involved in this dynamic market.

Read more at Nasdaq: This Stock Faces Big Risks, but Also Big Potential Upside