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.
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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.
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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 has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
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Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
