The second edition of the Tesla Roadster was initially slated for production and delivery in 2020, but two years later, the car still has not been produced, and details are still slim. Here’s what we know about the next-gen Tesla Roadster.
Tesla CEO Elon Musk unveiled the next-gen Tesla Roadster in 2017 during the reveal event of the Tesla Semi. It was not expected, and Musk surprised everyone in the room when the new design was released to spectators. Since then, various details have been released but it still remains unclear when the vehicle will actually enter production.
The Roadster might be able to hover
Musk unveiled a potential SpaceX package for the Roadster in 2018, which would utilize SpaceX cold-gas thrusters to enable short-term hovering abilities. Tesla has reiterated this potential on several occasions, describing a potential 1.1-second 0-60 MPH acceleration time. It is still unclear whether the FAA will have anything to say about the vehicle’s potential hovering capability, but the 1.1-second 0-60 time would be Tesla’s fastest by a considerable margin, and one of the fastest on Earth.
The new Roadster will actually do something like this https://t.co/fIsTAYa4x8
— Elon Musk (@elonmusk) January 9, 2019
You can still reserve a Tesla Roadster
Tesla Roadster reservations are still available on Tesla.com. “Roadster reservations require an initial $5,000 credit card payment, plus a $45,000 wire transfer payment due in 10 days. Reservations are not final until the wire transfer payment is received,” Tesla describes. Founders Series Roadster reservations are closed.
Credit: Tesla
Production of the Tesla Roadster was expected to start in 2019, 2020, 2021, 2022, and now 2023
Production dates of the Tesla Roadster have shifted several times in the vehicle’s history. After production was expected to begin in 2019 with deliveries in 2020, Tesla shifted production to “the next 12 to 18 months” during the Q2 2020 Earnings Call. This pushed production to mid-2021 as the pandemic raged on and limited production output across the industry.
In January 2021, Musk once again delayed production to 2022, stating engineering on the vehicle was set to be completed late last year.
Finishing engineering this year, production starts next year. Aiming to have release candidate design drivable late summer. Tri-motor drive system & advanced battery work were important precursors.
— Elon Musk (@elonmusk) January 28, 2021
In late 2021, Musk once again delayed production to 2023 as long as Tesla could avoid “mega drama” with the supply chain in 2022. It is relatively unknown if 2022’s supply chain was “mega drama,” as the description is objective. However, there are a lot of indications Tesla could be ready to introduce some new products to its lineup next year.
The Cybertruck is ready to begin production early next year, and a low-volume vehicle like the Roadster could be a great test of Tesla’s resilience and supply chain health if it can begin manufacturing the supercar in 2023.
The Tesla Roadster will likely be built in California
Tesla will likely build the vehicle in California.
“We think, probably, also the Tesla Roadster, a future program, would also make sense in California,” Musk said during the company’s Q2 2020 Earnings Call.
Fremont is the only plant that currently builds all four Tesla models, and it continues to manufacture low-volume vehicles like the Model S and Model X, which only make up a small percentage of the company’s overall deliveries each quarter. Fremont is space-confined, but filings and other plans have indicated Tesla is expanding the plant to make room for more projects.
Unexpectedly, the automaker will produce Cybertruck battery packs at the Fremont factory, and the 4680 battery is built down the street at Tesla’s Kato Road facility.
Gigafactory Texas will be reserved for mass Model Y, Cybertruck, and potentially Semi production in the future.
If you want to see the Roadster today, it is currently on display at the Petersen Automotive Museum in Los Angeles as part of the “Inside Tesla: Supercharging the Electric Revolution” exhibit.
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Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
