The next-generation Tesla Roadster has finally received an updated estimated release date. During the recently-held 2021 Annual Shareholder Meeting, Tesla CEO Elon Musk remarked that the new Roadster, which would outperform even the frighteningly quick Model S Plaid, would likely see a release date of 2023, barring any unexpected challenges.
Musk’s update about the all-electric supercar was related while the CEO was addressing an inquiry about the Cybertruck’s production. The Tesla Cybertruck was initially set to enter initial production in late 2021, but the ongoing supply chain shortages, as well as apparent challenges with the 4680 cell production ramp, have pushed the all-electric pickup truck’s release to late 2022 instead.
Explaining this further, Musk noted that the ramp of its vehicles like the Cybertruck would likely depend on how well the company handles its ongoing supply chain issues. If Tesla could accomplish this goal, even side projects like the release of the next-generation Roadster could finally happen.
“This year has been just a constant struggle with parts supply. So just to be clear, if we had like five extra products, we would not change our vehicle output at all because we are just basically limited by multiple supply chain shortages. Like so many types, not just chips. There were lots of supply chain shortages. So it really wouldn’t matter if we had like the Semi or the Cybertruck or anything. We would not be able to make it.
“The Semi in particular needs a lot of cells and a lot of chips. We gotta have enough. Otherwise, it’s pointless, so I think most likely, what we’ll see is Cybertruck will start production in the next year and then reach volume production in 2023. Hopefully, we can also be producing the Semi and the new Roadster in ’23 as well. So we should be through our severe supply chain shortages in ’23. I’m optimistic that will be the case,” Musk said.
The next-generation Tesla Roadster has been described by Elon Musk in the past as a “dessert” of sorts since the vehicle would not be produced in volumes similar to the Model 3 or Model Y, or even the Model S and Model X. Instead, the new Roadster would be a true halo car for Tesla, with only about 10,000 or so being produced annually. Musk has also mentioned that the halo car would likely be produced at the Fremont Factory.
The specs of the new Roadster are quite out of this world. With its expected cold gas thrusters, Elon Musk has mentioned that the all-electric supercar would likely be able to accelerate from 0-60 mph in as little as 1.1 seconds. The range of the new next-generation Roadster when it was announced was 620 miles as well, though Tesla’s battery tech has substantially improved since its unveiling back in late 2017. With the company’s newer 4680 cells, the range of the new Roadster would likely be even more impressive.
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News
Nvidia CEO Jensen Huang regrets not investing more in Elon Musk’s xAI
The CEO stated that Nvidia is already an investor in xAI, but he wished he had given the artificial intelligence startup more money.
Nvidia CEO Jensen Huang revealed that one of his investment regrets is not putting more money into Elon Musk’s artificial intelligence startup, xAI.
Speaking in a CNBC interview, Huang said Nvidia is already an investor in xAI but wished he had given the artificial intelligence startup more money. This was due to Musk’s record of building transformative companies such as Tesla and SpaceX.
A new wave of transformative AI firms
Huang said he’s very excited about xAI’s latest financing round. He described Musk’s company as part of a powerful new generation of AI developers, alongside OpenAI and Anthropic. that are reshaping the computing landscape.
“I’m super excited about the financing opportunity they’re doing. The only regret I have about xAI, we’re an investor already, is that I didn’t give him more money. You know almost everything that Elon’s pat of, you really want to be part of as well,” the Nvidia CEO stated.
The CEO also clarified Nvidia’s investment in xAI, revealing that Elon Musk had offered the investment opportunity to the chipmaker. “He (Musk) gave us the opportunity to invest in xAI. I’m just delighted by that,” Huang stated.
AI investment boom
Huang contrasted today’s AI-driven economy with the early days of the internet. “Back then, all the internet companies combined were maybe $30 or $40 billion in size,” he said. “If you look at the hyperscalers now, that’s about $2.5 trillion of business already operating today.”
He also stated that the ongoing shift from CPU-based computing to GPU-powered generative AI represents a “multi-trillion-dollar buildout” that Nvidia is looking to support. Huang added that every Nvidia engineer now works with AI coding assistants such as Cursor, which he called his “favorite enterprise AI service,” and it has led to a major productivity boost across the company.
Watch Nvidia CEO Jensen Huang’s CNBC interview in the video below.
Investor's Corner
Stifel raises Tesla price target by 9.8% over FSD, Robotaxi advancements
Stifel also maintained a “Buy” rating for the electric vehicle maker.
Investment firm Stifel has raised its price target for Tesla (NASDAQ:TSLA) shares to $483 from $440 over increased confidence in the company’s self-driving and Robotaxi programs. The new price target suggests an 11.5% upside from Tesla’s closing price on Tuesday.
Stifel also maintained a “Buy” rating despite acknowledging that Tesla’s timeline for fully unsupervised driving may be ambitious.
Building confidence
In a note to clients, Stifel stated that it believes “Tesla is making progress with modest advancements in its Robotaxi network and FSD,” as noted in a report from Investing.com. The firm expects unsupervised FSD to become available for personal use in the U.S. by the end of 2025, with a wider ride-hailing rollout potentially covering half of the U.S. population by year-end.
Stifel also noted that Tesla’s Robotaxi fleet could expand from “tiny to gigantic” within a short time frame, possibly making a material financial impact to the company by late 2026. The firm views Tesla’s vision-based approach to autonomy as central to this long-term growth, suggesting that continued advancements could unlock new revenue streams across both consumer and mobility sectors.
Tesla’s FSD goals still ambitious
While Stifel’s tone remains optimistic, the firm’s analysts acknowledged that Tesla’s aggressive autonomy timeline may face execution challenges. The note described the 2025 unsupervised FSD target as “a stretch,” though still achievable in the medium term.
“We believe Tesla is making progress with modest advancements in its Robotaxi network and FSD. The company has high expectations for its camera-based approach including; 1) Unsupervised FSD to be available for personal use in the United States by year-end 2025, which appears to be a stretch but seems more likely in the medium term; 2) that it will ‘probably have ride hailing in probably half of the populations of the U.S. by the end of the year’,” the firm noted.
Tesla Cybertruck owners are wondering when they will get access to the company’s Full Self-Driving version 14.1 that rolled out to other owners today for the first time.
Cybertruck owners typically receive Full Self-Driving updates slightly later than other drivers, as the process for the all-electric pickup is different. It is a larger vehicle that requires some additional attention from Tesla before FSD versions are rolled out, so they will be slightly delayed. CEO Elon Musk said the all-wheel steering technically requires a bit more attention before rollout as well.
The all-wheel steering of Cybertruck requires a bit more Autopilot training
— Elon Musk (@elonmusk) October 7, 2025
After some owners got access to the v14.1 Full Self-Driving suite this morning, Cybertruck owners sought out a potential timeframe for when they would be able to experience things for themselves.
Tesla owners show off improvements with new Full Self-Driving v14 rollout
They were able to get an answer from Ashok Elluswamy, Tesla’s Head of AI, who said:
“We got you. Coming soon.”
We got you. Coming soon.
— Ashok Elluswamy (@aelluswamy) October 7, 2025
The release of FSD v14.1 for Cybertruck will not be tempered, either. Elluswamy then confirmed that Tesla would be rolling out the full-featured FSD v14 for the pickup, meaning it would be able to reverse and park itself, among other features.
Elluswamy said it would be capable of these features, which were void in other FSD releases for Cybertruck in the past.
Tesla’s rollout of FSD v14.1 brings several extremely notable changes and improvements to the suite, including more refined operation in parking garages, a new ability to choose parking preferences upon arriving at your destination, a new driving mode called “Sloth,” which is even more reserved than “Chill,” and general operational improvements.
Those who were lucky enough to receive the suite have already started showing off the improvements, and they definitely seem to be a step up from what v13’s more recent versions were capable of.
CEO Elon Musk called v14 “sentient” a few weeks back, and it seems that it is moving toward that. However, he did state that additional releases with more capabilities would be available in the coming weeks, but many owners are still waiting for this first version.
Nvidia CEO Jensen Huang regrets not investing more in Elon Musk’s xAI
Stifel raises Tesla price target by 9.8% over FSD, Robotaxi advancements
Tesla Cybertruck’s Full Self-Driving update is ‘coming soon’
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