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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Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
