Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk said on Saturday that the company will unveil its long-delayed Roadster on Oct. 1, nearly a decade after teasing the next-generation sports car.
Tesla’s official account on X shared a graphic with the date and the caption “Go for launch.”
Musk later confirmed the news in a reply, writing, “New Tesla Roadster Unveil 10.01.”
The Information reported in August that Tesla was planning an unveiling as early as that month. According to the report, the event could feature a limited-edition Roadster equipped with cold-gas thrusters developed with Space Exploration Technologies Corp (NASDAQ:SPCX). The thrusters could potentially be demonstrated at SpaceX’s test site in McGregor, Texas.
A Program Years in the Making
Tesla first revealed the Roadster in 2017, targeting 2020 deliveries. The launch has slipped repeatedly since. Reports indicate the car evolved from a Model S Plaid-based design into an all-new carbon-fiber hypercar.
The reveal follows Tesla’s rollout of driverless rides in its steering-wheel-free Cybercab in Austin last week, a vehicle Musk calls central to Tesla’s autonomous-driving ambitions.
Trading Metrics
Tesla has a market capitalization of $1.44 trillion, a 52-week high of $498.83 and a 52-week low of $297.38.
The large-cap automotive stock is down 18.74% year-to-date.
Benzinga’s Edge Stock Rankings indicate that Tesla stock is experiencing short-term upward movement along with medium and long-term consolidation.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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