The Electric: A Troubled Air Taxi Company Attempts to Answer Its Critics

On Sunday, we discussed the race to commercialize air taxis, and the challenges that make it likely that the industry will be smaller than a lot of the companies suggest. One particularly challenged company is Germany’s Lilium Air Mobility, which has been plagued by doubts over whether the unusual design of its electric air taxi makes the vehicle unworkable. Critics contend that the Lilium Jet is destined to fail and represents a huge risk for its investors. Now Lilium has announced dramatic moves—including replacing its CEO, a company co-founder—that appear to respond to the criticisms, though the company claims it is doing no such thing.