CNBC News Corrections

Alef Aeronautics' Model A car, which it showed off at Mobile World Congress as a half-size model, resembles an actual car with a mesh shell protecting rotors on the inside that allow air to flow through the vehicle.
Startup backed by Tesla investor says preorders for its $300,000 futuristic flying car have reached 2,850

Last year, the Federal Aviation Administration granted Alef a special airworthiness certificate. An earlier version misstated the name of the agency. The headline of this story has also been updated to correct the investors behind the firm.