Alef Aeronautics' electric flying car, its Model A, got FAA approval for test flights. Alef claims the EV has a driving range of 200 miles and a flight range of 110 miles. The car will cost $300,000.

A SpaceX-backed startup's electric flying became the first to get approval for flight tests. Alef Aeronautics is already taking pre-orders for the car that will start at $300,000. Alef CEO Jim ...