Goldman Sachs says one of retail traders' favorite long-shot bets may be overhyped

Flying cars were supposed to be the wave of the future. A lot of retail traders are betting that's still the case. Over the years, names like Archer and Joby Aviation have garnered heightened interest from everyday traders wagering on the cutting-edge tech to revolutionize transportation. While retail has been early to other parties in the stock market, including EV makers like Tesla and space tech companies like AST SpaceMobile, Goldman Sachs thinks they might be overhyping the flying car trade. EVTOL— ...