Loading…
Loading…
Transportation ETFs like HAIL capture attention as AI-driven logistics, automation and smart mobility fuel a stronger run for the transportation sector.
As an ex-future mobility research analyst, I spent a lot of time looking at financial statements and there was very little to see. New entrants in the space had no revenues (and if they had revenues then they had no profitability) and there was very little proof that they would hit their targets.
I have been dreaming about flying cars since I was a child, watching the cartoon “The Jetsons.” For those old enough to remember, the Jetsons were the cartoon family of the future, and they owned a flying car.
Cars could soon take to the skies, creating a potential $3.8 billion market by 2035 for some of the world's top flying car stocks. By 2040, we could be looking at a massive $1.5 trillion market, even $2.9 trillion, according to Morgan Stanley.
“Mark my words: a combination airplane and motorcar is coming,” said Henry Ford. While Ford was ridiculed for the idea 83 years ago, no one's laughing anymore.
Transportation sure has come a long way since our grandfathers were on the roads. Now, instead of those traditional, gas-powered cars, we're nearing the potential for flying cars, autonomous vehicles and even further adoption of millions of battery-powered cars.
Like a scene out of The Jetsons, we may soon see cars taking to the skies and plenty of headline news on flying car stocks. And if you want, you can actually pre-order a flying car from Alef Aeronautics for about $299,999.
U.S. stocks climbed Thursday, with technology stocks leading the charge ahead of Apple and Amazon's earnings calls after hours this evening. Meta Platforms, which was pummeled by its fourth quarter 2021 earnings report, released a solid first quarter earnings report, rallying shares higher.
SEC filings for MOTO aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.