Electric vertical takeoff and landing (eVTOL) aircraft stocks have been on fire since the start of the fourth quarter of 2024. Investors have piled into these speculative growth stocks for a bevy of reasons in recent months,

Archer Aviation's potential in electric passenger drones is promising, but investors should be aware of high risks. Click here to find out why ACHR is a Sell.

EVTOL operators like Joby and Archer believe their primary advantage over traditional ride-sharing options like Uber and Lyft is speed. For example, these air taxis can replace car trips in traffic that might take 60-90 minutes with a 10-20 minute flight.

The idea is so unusual that it's almost unbelievable. But so were online shopping, mobile phones, and surgical robots...all of which commercially exist today.