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October 27, 2022 at 6:44 pm

Forget Musk’s Tunnels, Early Tesla Investor Seeds First-Ever eVTOL Car…

eVTOL_Flying_Car
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by ZeroHedge News Staff at ZeroHedge

We’ve come across many companies debuting futuristic designs of electric vertical take-off and landing (eVTOL) aircraft. Some have even tested (see: here & here) and/or have begun selling eVTOLs on the market (see: here). But when it comes to a driveable eVTOL, Alef Aeronautics has a revolutionary design.

California-based Alef is the only eVTOL with street-driving capabilities. Alef’s Model A prototype was first unveiled last Wednesday.

The Alef Model A is not a distant dream, expected to enter series production with first deliveries in 4Q25. The cost of the eVTOL that drives on roads and soars over traffic starts at around $300,000. It has a driving range of 200 miles and flies about 110 miles.

Reuters said, “The unusual appearance—which features a body that flips on its side to become the wing after lift-off—is just one aspect that attracted Tim Draper, an early investor in Elon Musk’s Tesla Inc and SpaceX whose Draper Associates Fund V has backed Alef with $3 million in seed money.”…

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