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Home Trading News Stock Market

Musk teases Tesla Roadster demo this year, been hyping it since 2017

November 1, 2025
in Stock Market
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Musk teases Tesla Roadster demo this year, been hyping it since 2017
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Toyota Motor Corp President Akio Toyoda will get out of a Tesla Motor’s Roadster electrical automotive with Tesla Motors Chief Exective Officer Elon Musk (behind automotive) upon their arrival at a information convention in Tokyo November 12, 2010.

Issei Kato | Reuters

Eight years in the past, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the title of the sports activities automotive on the corporate’s debut electrical car from 2008.

The up to date model has but to hit manufacturing. However Musk is once more promising {that a} new one is on the best way.

In a dialogue with podcaster Joe Rogan that was printed on Friday, Musk was requested concerning the long-delayed car. He supplied a way of timing however declined to share up to date technical or design particulars.

“I can not do the unveil earlier than the unveil,” Musk stated. As he is stated earlier than, Musk claimed the brand new Roadster “has a shot at being probably the most memorable product unveil ever.”

Tesla is aiming to point out off the up to date Roadster to followers and traders “hopefully earlier than the top of the 12 months,” Musk stated.

Musk’s feedback come a day after former shut buddy Sam Altman, OpenAI’s CEO, posted on X that he tried to cancel his Roadster reservation from 2018 and get his deposit refunded. He shared a screenshot displaying that his e-mail to the corporate had bounced again.

“I actually was excited for the automotive!” Altman wrote. “And I perceive delays. However 7.5 years has felt like a very long time to attend.”

Musk, who helped begin OpenAI in 2015, is in a heated authorized dispute with Altman and now runs competing synthetic intelligence startup xAI.

Patrick George, editor-in-chief at InsideEVs and a long-time trade observer, advised CNBC on Friday that the Roadster “has been MIA for years.”

“The one factor I can consider that might make Musk begin speaking about this once more is that Sam Altman at OpenAI, who’s type of his arch-rival, simply stated just lately that he was making an attempt to cancel his Roadster reservation which he has held since 2018,” George stated.

Earlier this 12 months, the favored gadget and autos reviewer Marques Brownlee mentioned the arduous strategy of cancelling his personal Roadster reservation in an interview with Waveform Podcast.

The Roadster is a excessive finish, low-volume mannequin, one thing meant to problem automobiles like BYD’s YangWang U9 Xtreme, which was just lately topped the world’s quickest manufacturing automotive.

Musk faces a significant Tesla shareholder vote subsequent week, as he and the board are asking traders to approve an enormous pay package deal.

The pay plan would web Musk almost $1 trillion in Tesla inventory and would develop his stake to round 25%, relying on the corporate hitting numerous market valuations and different progress milestones.

WATCH: CNBC’s interview with Tesla Chair Robyn Denholm



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Tags: DemohypingMuskRoadsterTeasesTeslayear
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