“It’s a $200,000 vehicle, like a Lamborghini, but in this case it flies.” says Carl Dietrich, CEO and CTO of Terrafugia.
Dietrich says his company has many buyers lined up and that vehicle is ready for commercial use. But whether potential consumers embrace the machine is anyone’s guess. Dietrich also needs financial support for his proposed debut in 2011.
View the Reuters’ video here: Flying Car
Article Last Updated: March 26, 2026.
- About the Author
- Latest Posts
A sports, travel and business journalist for more than 45 years, James has written the new car review column The Weekly Driver since 2004.
In addition to founding this site in 2004, James writes a Sunday automotive column for The San Jose Mercury and East Bay Times in Walnut Creek, Calif., and monthly auto review and wellness columns for Gulfshore Business, a magazine in Southwest Florida.
An author and contributor to many newspapers, magazines and online publications, co-hosted The Weekly Driver Podcast from 2017 to 2024.