Time to Buy the Dip on Joby Aviation Stock?

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Joby Aviation is developing electric air taxis and is spending billions on certification and manufacturing, with a current market value of $10 billion but generating minimal revenue. Despite a recent fall in stock price, the article suggests it’s not a good time to buy the dip due to heavy cash burn, potential shareholder dilution, and limited revenue potential from its projected manufacturing output. The company recently raised over $1 billion in convertible bonds and common stock to fund its operations.

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