$300k Flying Cars Could Be Coming Soon

August 9th, 2023· 1.3K views· 0:58
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The Hustle

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/ Alef Aeronautics is a Bay Area startup making steady progress toward its ultimate goal: building and selling the world’s first flying car. Eight years into its development, Alef has had a momentous summer, per the San Francisco Chronicle: - It has banked $750m+ in preorders for its ~$300k flying cars. (Customers can make a $150 deposit today — or $1.5k for a better spot in line.) - In June, Alef logged a landmark in flying-car history, gaining Federal Aviation Administration approval to run flight tests in limited locations. - The company anticipates a public demonstration by year’s end. Alef plans to start selling cars in 2025, but some big questions will need answering first: - Will a regular driver’s license suffice to operate one? - Will cities allow them? And with what rules governing their aerial roadways? - How many times will Alef need to confirm that, yes, each car has a parachute for emergency landings before we get in one?