Thread by @JSpitTrades

When investors think #EV stocks, Tesla $TSLA immediately comes to mind.

For obvious reasons.

But there are many ways to profit off this trend.

And this year, $JOBY has been one of the top EV performers.

It’s surged 114%, and is potentially headed much higher.

Here's why...🧵

$JOBY isn’t your typical #EV company.

Its vehicles don’t roll down the road. They fly.

Its vehicles can take off and land vertically, like helicopters. But they don’t produce emissions.

Think a Tesla $TSLA with propellers.

$JOBY aircraft are NEXT LEVEL.

They fly up to 150 miles on a single charge. And hit a top speed of 200 mph.

It takes them just 7 mins to fly from JFK to Manhattan. The same $UBER ride can take almost 2 hours!

Of course, your average Joe can't fly these. So, what's the catch?

$JOBY wants to operate a flying taxi business.

Think $UBER of the skies.

This industry doesn’t yet. But it’s expected to have 45 million users a decade from now.

Of course, there are plenty of “story stocks.”

So, tell you about this one?

$JOBY has been on FIRE this year.

It’s rallied 114% since Jan., and 91% over the past 6 weeks.

More importantly, JOBY just broke out to its highest price since Jan 2022... on HUGE volume.

Investors and traders shouldn’t ignore this...

But what sparked this monster move?

Last week, the U.S. aviation regulator said it was proposing comprehensive training and pilot certification rules for flying taxis.

In other words, $JOBY aircraft could appear in the skies sooner than you think.

Having said all this, JOBY isn’t a “real business” yet.

It hasn’t made its first sale.

But this is a name speculators might want to keep an eye on.

The flying taxi industry could ultimately be worth tens of billions of dollars.

Are you looking to trade or invest in $JOBY?