Joby Aviation's stock plummets amid production delays, regulatory uncertainty, and no near-term revenue, sparking investor caution.

CNBC's Jim Cramer labeled Joby Aviation's stock plunge as "brutal and very 2000-ish," likening it to the dot-com crash, citing delays in production, uncertain regulatory approvals, and lack of near-term revenue. He warned investors to remain cautious despite the company's long-term potential, reflecting broader market skepticism toward high-risk aerospace startups without clear paths to profitability.