“If you’re bullish on autonomous cars, it’s time to start looking at autonomous aircraft — that is, flying cars.”
That’s what Adam Jonas, an auto analyst at Morgan Stanley better known for his views of landlocked vehicles than flying ones, told clients in a new note, “Get Ready For Flying Cars,” examining the likelihood that we could see flying cars before long. While the concept is one Jonas has advised investors on before, he offered a new timeline for how he thinks it could play out.
“This is not a far-fetched idea,” Jonas wrote in a note dated February 1. “Military drones have been around for years, and now electrified, autonomous vertical takeoff and landing vehicles (VTOLs) are gaining traction.”