What to know about the delayed EV
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What to know about the delayed EV

CNBC • • general

Key Points:

  • Tesla is set to unveil its long-delayed next-generation Roadster on Thursday in a livestreamed event from a SpaceX test site in Texas, nearly a decade after initially taking deposits for the electric sports car.
  • The new Roadster is expected to be a high-end, low-volume model featuring SpaceX technology such as cold gas thrusters, which may enable the car to hover, though it is unlikely to have a significant financial impact on Tesla.
  • Tesla recently reopened reservations for the Roadster with $50,000 deposits and is expected to reveal pricing, production targets, and detailed specifications during the event.
  • The Roadster has faced multiple delivery delays since its initial promotion in 2017, drawing criticism and refund requests from some early reservation holders, including OpenAI co-founder Sam Altman.
  • Tesla has established a no-fly zone around the SpaceX facility for the event, which had to postpone a previous demo due to weather, and the company is set to report its third-quarter earnings the day before the unveiling.

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