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Tesla’s Next Frontier? Analyst Sees It Ruling the ‘Low-Altitude Economy’ - Wall Street Pit
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Tesla’s Next Frontier? Analyst Sees It Ruling the ‘Low-Altitude Economy’ - Wall Street Pit
The low altitude economy (LAE), driven by electric vertical take-off and landing (eVTOL) vehicles, is projected to reach a $1 trillion market by 2040 and $9 trillion by 2050, with applications in logistics, public security, tourism, and urban commuting, according to Morgan Stanley (MS). Archer Aviation (ACHR) and Joby Aviation…
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