What Is Happening With the Tesla Roadster Reveal?
The Tesla Roadster reveal starts at 8.55pm at a SpaceX test site in McGregor, Texas. The car has been delayed for years, and this event is the latest step.
What Did Tesla Promise for the Roadster in 2017?
Tesla revealed a prototype of the US$200,000 car in 2017 and said deliveries would begin in 2020. Musk set expectations that a four-seat Roadster would travel 1,000km on a single charge.
The price has not been updated, but reservations remain at US$50,000 each.
Why Has the Tesla Roadster Been Redesigned?
Musk posted on X in 2024 that the car had been redesigned. The new Roadster would accelerate from 0 to 100km per hour in less than a second.
He called that “the least interesting part” and said the car is a collaboration between Tesla and SpaceX, the rocket company he also leads.
Is the Tesla Roadster Material to Tesla’s Finances?
Musk has played down the car’s financial weight, calling it a “small potato situation” in 2023. He said it would not “move the needle in a major way financially”.
Morningstar analyst Seth Goldstein wrote in a note last month that “The Roadster will be Tesla’s new halo car.” Goldstein expects Tesla to sell around 2,000 Roadsters a year, a fraction of the 1.6 million vehicles Tesla sold last year.
What Is the Original Tesla Roadster’s Legacy?
The original Roadster was released in 2008 and sold until 2012. It was Tesla’s first-ever EV and used a Lotus Elise chassis.
Tesla has since built its line-up around the Model Y and Model X SUVs and the Model S and Model 3 sedans.
Why Is Tesla Moving Away From Cars for Human Drivers?
The reveal comes as Tesla shifts focus to AI-led self-driving tech and robotics. This year, Tesla stopped selling Model S and X vehicles to make space for production of its Optimus humanoid robots.
Tesla also launched the Cybercab, a two-seater robotaxi with no steering wheel, pedals or mirrors.
What Does the Tesla Roadster Mean for Bursa Malaysia Investors?
Tesla is not listed on Bursa Malaysia. Malaysian investors would need a broker with US market access to trade it, so check the Trading Account Types in Malaysia guide first.
The Roadster’s expected 2,000 units a year are small beside Tesla’s 1.6 million vehicles. That makes the Model S and X switch and the robotics push the figures worth monitoring for Tesla’s direction.
Key Takeaways
- The Tesla Roadster reveal is set for 8.55pm at a SpaceX test site in McGregor, Texas.
- Reservations remain at US$50,000 each, and the US$200,000 price has not been updated.
- Morningstar’s Seth Goldstein expects around 2,000 Roadsters a year, against 1.6 million Tesla vehicles sold last year.
- Tesla stopped selling Model S and X this year to make space for Optimus humanoid robots.
Disclaimer: This article is for general information only and is not investment advice. Tesla is not listed on Bursa Malaysia. Do your own research and consult a licensed adviser before making any investment decision.
Frequently Asked Questions
How much does the Tesla Roadster cost?
The prototype was revealed in 2017 with a US$200,000 price, and Tesla has not updated that figure. Reservations are still US$50,000 each.
When will the Tesla Roadster be delivered?
Tesla said in 2017 that deliveries would begin in 2020. The source article does not give a new delivery date for the second-generation car.
Is Tesla listed on Bursa Malaysia?
No, Tesla is listed in the United States, not on Bursa Malaysia. Malaysian investors need a broker with US market access to trade it.
How many Tesla Roadsters will be sold each year?
Morningstar analyst Seth Goldstein expects Tesla to sell around 2,000 Roadsters a year. That is a fraction of the 1.6 million vehicles Tesla sold last year.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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