Flying cars are coming. You’ll need $300K and the space to fly it.

Alef Aeronautics CEO Jim Dukhovny revealed his company's ambition to launch the world's first flying car by 2027, with Tesla planning to start production of its own flying vehicle in 2028. Currently, both companies expect the flying cars to retail for $300,000, with Alef Aeronautics requiring a $150 deposit before the model's delivery.

While the price and accessibility of these vehicles remain significant hurdles, Alef Aeronautics anticipates a shift towards mass production, which could potentially reduce the cost to under $25,000. Dukhovny highlighted the limited practicality of flying cars in urban areas, stating that they should not be taken off from major streets like Market Street in San Francisco.

The lecturer from the University of California, Berkeley, Alexandre Bayen, suggested that the real challenge lies not in the technology itself, but in establishing a dependable transit system, incorporating regulations and public acceptance. He believes that the concept of a flying car as a mass transit solution for dense urban areas is unrealistic for the immediate future.