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Tesla’s next-gen Roadster is ushering in the automotive industry’s ‘Megacar’ era
Elon Musk is a man driven by his limits. The man behind electric car maker Tesla, Musk has led the company from its small Silicon Valley startup days to its current status as a $50 billion automaker with a market cap that rivals that of Ford and GM. With each vehicle that Musk releases, Tesla disrupts an industry, and with the next-generation Roadster, the CEO is aiming to create a true halo car.
Christian von Koenigsegg is a man driven by his passion. The man behind the small, exclusive supercar company Koenigsegg, Christian is known for pushing the limits of the vehicles he releases. Koenigsegg might be far smaller than supercar makers like Ferrari and Lamborghini, but the few cars that it makes shake the automotive world. The Koenigsegg Agera RS, for one, currently holds the title as one of the fastest cars in the world after it reached speeds of 278 mph. The Koenigsegg One:1, named for its equal power-to-weight ratio, also packs 1,341 horsepower, or the equivalent of one megawatt of power. Koenigsegg’s cars are so powerful that some of them actually qualify as a hypercar instead of a supercar.
When Christian von Koenigsegg heard the specs of Tesla’s next-generation Roadster, his entire company’s roadmap for the coming years was shaken. In a recent statement to Top Gear, Koenigsegg admitted that his company was completely thrown off course by the listed specs of the all-electric supercar, even admitting that the experience itself was “frustrating.”
“We kind of had our future mapped out, and then we heard about the new Tesla Roadster and its insane acceleration numbers, and we thought ‘damn that’s put the gauntlet down.’ Sure, it must be really heavy, but that kind of acceleration? That’s frustrating!” he said.
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Christian noted that one of the biggest revelations by the arrival of the next-generation Tesla Roadster was that Elon Musk’s quoted specs for the vehicle were actually possible. In order to respond to the arrival of an electric car designed to deliver a “hardcore smackdown” to gas-powered vehicles, Koenigsegg and his engineers came up with a strategy that would allow one of its cars to give the Roadster some good competition.
“We thought, ‘this is not OK.’ We wondered whether it was possible, and yeah, it’s possible. Then we thought, ‘OK how do we deal with it? This is embarrassing.’ In two days we’d thought of a few things. The simplest way of putting it is like this: it’s combining direct drive, with the hybridization we have in a different format with free-valve engine technology, in a peculiar layout,” he said.
The concept that Koenigsegg and his team came up with is pretty much the fossil fuel-powered counterpart of the next-generation Tesla Roadster — one that is beyond a hypercar, perhaps even a “megacar” of sorts. Christian noted that he was partly annoyed at himself, for “needing a kick in the head to start thinking” about improving his vehicles’ acceleration.
“We’re talking 0-250 mph in 14 seconds, or something like this. It’s like, black marks all the way up to 250 mph (400 kph), pushing the combustion engine into the wall to try to make it more power dense than an EV for as long as possible. What we see with our engines, we’ve noticed that we’re just scratching the surface of what we can achieve,” he said.
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Elon Musk threw the gauntlet at legacy automakers when he unveiled the next-generation Tesla Roadster last year, and if Christian von Koenigsegg’s reaction to the vehicle is any indication, it appears that the all-electric supercar is doing precisely what it was intended for — it is forcing automakers to see electric cars as a formidable force, and it is driving them to adapt and come up with ways to make their vehicles even better and faster.
Interestingly, such a sentiment has been echoed by Tesla’s test driver for the next-generation Roadster, Emile Bouret, earlier this year. In a segment with YouTube’s VINwiki channel, Bouret, who drove the all-electric car the whole night during its unveiling, encouraged the auto community to support projects and vehicles like the next-generation Roadster, stating that the existence of such vehicles would affect the auto industry in a positive way as a whole.
“I love that I live in a world where all these cars exist. You have Koenigseggs and Paganis and Ferraris and Lamborghinis and McLarens and Porsches and Rimacs and Teslas. So, I know there’s a lot of hate out there, but I just don’t understand it. If you’re a car person, wouldn’t you root for everybody? I’m definitely rooting for them because the world will be a better place if that car does get built and it gets on the road because other people are gonna build cars to beat it — and we’re gonna win,” he said.
Considering that Koenigsegg appears to have come up with a solution to match the next-gen Roadster, it seems that Buoret’s words are coming true. As the Tesla Roadster and Koenigsegg’s upcoming vehicle are released to the market, the era of megacars could very well begin.
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.
Ferrari Luce sold out for 2027 after design controversy
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
