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What happened to the Tesla Roadster? Here’s what we know.

(Credit: @dami_kolz/Twitter)

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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.

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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.

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.

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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.

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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.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla gets price target increase on Wall Street, but it’s a head-scratcher

Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

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Credit: Cybertruck | X

Tesla (NASDAQ: TSLA) received a price target increase from a Wall Street analyst today, who noted in his report that the company’s shares could rise or fall based on its execution in robotics and autonomy.

However, the price target boost still fell below Tesla’s current trading levels.

Mark Delaney of Goldman Sachs said in a note to investors today that Tesla has a significant opportunity to solidify itself as one of the stable and safe plays in the market if it can execute on its two key projects: humanoid robots and autonomy.

In the note, Delaney said:

“If Tesla can have [an] outsized share in areas such as humanoid robotics and autonomy, then there could be upside to our price target.”

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Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

He went on to say that Tesla could also confront outside factors that would limit the stock’s ability to see growth, including competition and potentially its own lack of execution:

“…although if competition limits profits (as is happening with the ADAS market in China) or Tesla does not execute well, then there could be downside.”

The note is an interesting one because it seems to point out the blatantly obvious: if Tesla performs well, the stock will rise. If it doesn’t, the stock price will decline.

We discussed yesterday in an article that Tesla is one of the few stocks out there that does not seem to be influenced by financials or anything super concrete. Instead, it is more influenced by the narrative currently surrounding the company, rather than the technicals.

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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

Tesla’s prowess in robotics and autonomy is strong. In robotics, it has a very good sentiment following its Optimus project, and it has shown steady improvement with subsequent versions of the robot with each release.

On the autonomy front, Tesla is expanding its Robotaxi platform in Austin every few weeks, and also has a sizeable geofence in the Bay Area. Its Full Self-Driving suite is among the most robust in the world and is incredibly useful and accurate.

The company can gain significant value if it continues to refine the platform and eventually rolls out a driverless or unsupervised version of the Full Self-Driving suite.

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Tesla addresses door handle complaints with simple engineering fix

“We’ll have a really good solution for that. I’m not worried about it.”

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Tesla Model S self-presenting door handle
Tesla Model S self-presenting door handle (Credit: TesBros)

Tesla is going to adjust one heavily scrutinized part of its vehicles after recent government agencies have launched probes into an issue stemming from complaints from owners.

Over the past few days, we have reported on the issues with Tesla’s door handle systems from both the Chinese and American governments.

In China, it dealt with the Model S, while the United States’ National Highway Traffic Safety Administration (NHTSA) reported nine complaints from owners experiencing issues with 2021 Model Ys, as some said they had trouble entering their car after the 12V battery was low on power.

Bloomberg, in an interview with Tesla Chief Designer Franz von Holzhausen, asked whether the company planned to adjust the door handle design to alleviate any concerns that regulatory agencies might have.

Regarding the interior latch concerns in the United States:

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  • Von Holzhausen said that, while a mechanical door release resolves this problem, Tesla plans to “combine the two” to help reduce stress in what he called “panic situations.”
  • He also added that “it’s in the cars now…The idea of combining the electronic and the manual one together in one button, I think, makes a lot of sense.” Franz said the muscle memory of reaching for the same button will be advantageous for children and anyone who is in an emergency.

Regarding the exterior door handle concerns in China:

  • Von Holzhausen said Tesla is reviewing the details of the regulation and confirmed, “We’ll have a really good solution for that. I’m not worried about it.”

The new Model Y already has emergency mechanical door release latches in the back, but combining them in future vehicles seems to be an ideal solution for other vehicles in Tesla’s lineup.

It will likely help Tesla avoid complaints from owners about not having an out in the event of a power outage or accident. It is a small engineering change that could be extremely valuable for future instances.

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Elon Musk calls out viral claim of 10,000 Tesla Optimus deal: “Fake”

For now at least, Tesla seems determined to focus on the development of Optimus V3.

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Credit: Tesla Optimus/X

Elon Musk has provided some clarification to recent reports suggesting that PharmAGRI, a US pharmaceutical and agricultural infrastructure company, is looking to deploy 10,000 Optimus robots for its operations.

Musk posted his clarification on social media platform X.

Alleged Optimus purchase

Recently, reports emerged stating that PharmAGRI Capital Partners will be tapping into Tesla’s humanoid robots for its operations. The firm claimed that it had executed a Letter of Intent with Tesla to deploy up to 10,000 Optimus Gen 3+ humanoid robots across its SuperPharm and CEA facilities. This should allow the company to automate its labor and ensure diversion control.

A comment from Lynn Stockwell, Chairwoman & CEO, suggested that the company really was partnering with Tesla. “With Tesla robotics powering our facilities and DEA-licensed infrastructure in place, we can scale with precision, meet federal sourcing mandates, and deliver therapies that are compliant, secure, and American-made,” she said. 

Elon Musk clariies

News of PharmAGRI’s Optimus claims quickly spread on social media, though some Tesla watchers argued that it seemed unlikely that the EV maker will commit two legions of Optimus robots to a rather unknown company this early. Some pointed out that Tesla typically commits to high-profile customers to test its early products, such as PepsiCo with the Tesla Semi. 

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Photos from PharmAGRI’s website depicting Tesla Optimus bots, as well as the rather basic look of the website itself, also brought more reservations to the company’s claims. Ultimately, Elon Musk weighed in on the matter, responding to a post about PharmAGRI’s Optimus-filled webpage. Musk was quick and direct, simply stating, “Fake.”

Elon Musk’s comments were quite unsurprising considering that Optimus is still very much in active development, and thus, it is quite unlikely that the company is already taking orders or even Letters of Intent from potential customers at this time. For now at least, Tesla seems determined to focus on the development of Optimus V3, which Musk has noted will be “sublime.”

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