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  "documentTitle": "Archer Aviation Inc (ACHR)",
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  "notes": "The slide uses a 'villain' framing by comparing Archer to Nikola, implying potential fraud or over-promising.",
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      "text": "Just as with performance, Joby holds the clear advantage on production cost.",
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      "text": "THE REPORT AND ALL STATEMENTS CONTAINED HEREIN ARE THE OPINIONS OF GRIZZLY RESEARCH...",
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      "text": "Based on available data across all major components of these eVTOLs, Joby S4 is expected to be cheaper than Archer Midnight.",
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      "text": "if we had to add 20% of mass of batteries cells back into this, it would impact our payload by about 300lbs — Alex Garwood, Head of Battery Development",
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