Tesla Investor Attracted by US Startup's Flying Car: Report

 The idea of a flying car is not brand-new; for decades, inventors have attempted to add wings to wheeled motor vehicles with varying degrees of success.The founder of Alef Aeronautics, Jim Dukhovny, wants to alter that equation. His California-based company has developed a unique strategy for launching terrestrial objects into space and has drawn interest from at least one well-known venture financier.

Alef's Model A, which has only recently completed a seven-year gestation period, resembles Bruce Willis' flying taxi from the 1997 movie "The Fifth Element" more than the flying automobiles in classic films.Tim Draper, an early investor in Elon Musk's Tesla Inc. and SpaceX, was drawn to Alef by its distinctive design, which incorporates a body that flips on its side to form the wing after lift-off. Tim Draper's Draper Associates Fund V has provided $3 million in seed funding for Alef.

After making a tiny initial investment, Draper claimed in an email that he "placed more (money in) when I saw that they had produced a little drone prototype that accomplished precisely what they assured me it would do." "The architecture is astounding. When the plane turns horizontal, the car's sides transform into its wings."

Alef, based in Santa Clara in the centre of Silicon Valley, created the Model A, an electric vehicle with a swooping but otherwise conventional appearance that can take off and land vertically. naturally, to fly.

CEO of Alef Dukhovny has never before developed an automobile. He is a physicist who specialises in computers and software, a fan of science fiction, and a seasoned businessman who formerly owned and operated an online casino called Intellectual Casino.He claimed in an interview that the hand-built Model A is intended to sell for $300,000, with initial deliveries and production beginning in 2025. By the way, the Celestiq, the Cadillac brand's electric car flagship, will have the same beginning price and should begin shipping to customers in early 2024, according to Cadillac parent company General Motors Co.

The way the Model A flies distinguishes it from past designs of flying vehicles. As soon as it rises off the ground, the cockpit pivots, the carbon-fiber body flips over, and it begins to move forward while being propelled by a number of propellers. The majority of other recent attempts by rivals resemble enormous drones and are not equipped with wheels for land movement.

Dukhovny declared, "The entire car is the wing.

Alef calculates a flight range of 100 miles and a driving range of 200 miles (322 km).For 2030, Dukhovny has an even greater trick up his sleeve: a suggested Model Z automobile with an estimated price of $35,000 and a flight range of 200 miles and a driving range of 400 miles.

He claimed, "This is not more difficult than a Toyota Corolla." Our objective is to maintain the same price point.

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