Not critiquing your title, since that’s the article title but it looks like it’s just approved for testing:

This week, Alef Aeronautics revealed its flying car “Model A" was granted legal permission from the Federal Aviation Administration to test run the vehicle on the road and in the sky

Beyond the technical challenges, which I believe will be overcome, there are serious noise, safety, and energy consumption issues with these machines that need to be addressed if they are to actually benefit society. If these are not addressed, hopefully regulators will keep them out of cities. But I don’t necessarily have a lot of faith that society’s leaders will put the common good ahead of the whims of the rich.

With so much vaporware over the past few years, it’s an automatic BS rating until there’s independent footage of the car actually working.