Joby CEO Sells Shares for Tax Reasons | Business and Finance News

Eric Allison, Joby Aviation’s Chief Product Officer, just sold 27,932 shares at $7.53 each — totaling $210K — not for cash, but to cover tax obligations from vested stock awards. He still owns over 700K shares. Joby, building electric air taxis with Toyota backing, is deep in the red but pushing forward with bold tech. The stock’s fallen from highs, but some see long-term upside — though the path to flight is steep, with certifications and autonomy still ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e04e6b7d96ccae55