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The flying electric car company just cashed in on its big sales news -- again. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
The company might struggle to source badly needed funding.
Makers of electric vertical take-off and landing aircraft (eVTOL), commonly known as air taxis, have raised roughly $13 billion since 2019, but the pace of annual investments has fallen after ...
The five-seat Lilium Jet is capable of achieving a top speed of 300 km/h and targets a range of 300 km. [9] In 2017, Lilium announced plans to launch a 5-seat Lilium Jet by 2025, aimed for the air taxi service market. [10]
Lilium says that it refers to the propulsion system as a "jet" because the propellers are enclosed in nacelles. [11] The production Lilium Jet is intended to accommodate six passengers and one pilot. It is powered by 36 electric motors, six on each of the two front canards and twelve on each rear wing.
The "little bit of news" came via earnings reports from Alphabet (GOOGL, GOOG) and Tesla after the bell on Tuesday leading into Wednesday's sell-off. Lerner noted that the earnings weren't bad but ...
Stocks sold off after hours before recovering early Tuesday. The S&P 500 and Nasdaq rose 0.57% and 0.63%, respectively, while the Dow Jones increased by over 100 points. The 10-year Treasury yield ...
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