Stanley Druckenmiller Says Joby Aviation Is a Buy. Is It?

Core Insights - Joby Aviation has entered the final FAA certification stage with power-on testing of its first conforming air taxi [1] - The company reported a Q3 loss of $0.48 per share, which was higher than the expected loss of $0.19, attributed to elevated R&D and manufacturing costs [1] Company Summary - Joby Aviation is progressing towards FAA certification, indicating advancements in its air taxi development [1] - The financial performance in Q3 reflects challenges with high research and development expenses, as well as manufacturing costs impacting profitability [1]