““Tonight we radically increased the design goals for the new Tesla Roadster. There will never be another car like this, if you can even call it a car.”“
Entrepreneur and businessman Elon Musk generated excitement about his Platform X on Wednesday, promising Tesla’s TSLA,
The Roadster electric sports car will finally be available next year, with “the production project completed and presented” in late 2024.
The Tesla CEO’s comments were added to a couple of posts on X (Twitter at the time) since 2018where he teased a “SpaceX options package” for the Roadster: “10 small rocket boosters arranged perfectly around the car.”
Musk, who also runs the commercial space exploration company SpaceX, reiterated in his Wednesday post that the Roadster would be a “Tesla/SpaceX collaboration.”
The ultra-luxury sports car was originally announced in 2017, but faced delays due to the COVID pandemic and resulting global supply chain issues. In 2017, Musk promised the Roadster would be on the roads by 2020, and in 2021 he updated to set a new target of 2023, provided 2022 wasn’t a “mega drama.”
“I think it has the potential to be the most amazing product demo of all time,” Musk posted, adding that users would love it more than their homes. One poster suggested he was making a “rocket on wheels,” to which Musk responded “of course,” saying the Roadster was aiming for a speed of 0-60 mph in less than 1 second.
New teases of Musk’s Roadster come amid Apple AAPL reports,
It is reportedly abandoning an ambitious decade-long effort to develop a self-driving electric car.
Apple and Tesla have been two of the weakest links in the “Magnificent Seven” group of technology companies that are credited with driving stock market gains last year and into 2024. So far this year Apple shares AAPL,
are down 5%, and Tesla shares are down nearly 20%, due to the pair’s earnings disappointment.