Are Joby, Archer Aviation, and Lilium good eVTOL stocks to buy?
Lilium (LILM) and Archer Aviation (ACHR) stock prices have crashed hard in the past few years, costing investors billions of dollars. Archer’s shares have plunged by over 81% from the highest point in February 2021. Its market cap has dropped from over $2.12 billion in 2021 to $1 billion today. Most eVTOL stocks have plungedSimilarly, the Lilium share price has plunged from the all-time high of $15.56 to less than $2, bringing its valuation from $2.8 billion to $600 million. The same has happened among other eVTOL companies like Joby and Blade Air Mobility, whose shares are significantly lower...