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Tesla’s next-gen roadster to take spotlight on upcoming episode of Jay Leno’s Garage
The next-generation Tesla Roadster is coming to Jay Leno’s Garage for this Thursday’s upcoming episode. A preview of the all-electric supercar’s segment was teased on CNBC this Friday, which featured the iconic talk show host talking about the next-gen Roadster with Tesla’s Chief Designer Franz von Holzhausen.
This would not be the first time that the veteran talk show host would feature a Tesla in his show. Leno also did a pretty extensive segment on the Tesla Model S back in 2012, where he discussed the design, performance, and features of the electric family sedan. Franz von Holzhausen also joined the veteran talk show host then, providing a background on the development and capabilities of the Model S.
The next-generation Roadster is Tesla’s upcoming halo car, a vehicle designed to showcase the ultimate capabilities of the company. Elon Musk shocked the automotive world with the specs of the supercar when it was unveiled last year, with its 0-60 mph time of 1.9 seconds, top speed of over 250 mph, 200 kWh battery, and range of 620 miles per charge. Inasmuch as these figures are nothing short of insane, Musk mentioned during the unveiling, and in subsequent tweets over the past few months, that these specs were actually true of the next-gen Roadster’s base model. Considering that there will also be a “SpaceX option package” for the vehicle, there is a very good chance that the specs Tesla announced last year for the all-electric supercar were actually conservative.
The next-gen Roadster is expected to start production sometime in 2020, but Elon Musk has already been dropping some hints about the vehicle’s capabilities every so often. A recent interview with noted YouTube tech reviewer Marques Brownlee, better known as MKBHD, saw Elon Musk discussing several aspects of the Roadster, including its lack of side mirrors, its space, and its range. Musk even addressed the company’s Track Mode, which is set to make a debut on the Model 3 Performance.
One of the things that surprised people with the next-gen Roadster was its 200 kWh battery, particularly since its 620-mile range is pretty much unheard of in an electric car of its class. Even the Rimac C_Two, an upcoming all-electric hypercar that costs $2.1 million, is listed with a 400-mile range — roughly 35% less than the range of the next-gen Roadster. Musk noted in his interview that the next-gen Roadster’s 620-mile range could be accomplished even with the company’s current technology, though it would likely increase the volume of the Model S P100D’s battery pack by 80%.
More details about the next-gen Tesla Roadster would most likely be revealed in the upcoming episode of Jay Leno’s Garage, particularly since the veteran talk show host has been largely supportive of Tesla over the years. Back in 2016, Leno noted in a segment on CNBC that Americans should be supportive of the California-based company.
“We live in a world now where every year, you lose about 5% of the new car companies. In the mid-teens, there were 350 car companies in the United States. Every year since then, two or three of them dropped out. I mean, just in my lifetime, we’ve lost Oldsmobile, we’ve lost Pontiac, we’ve lost Saturn. There’s a whole bunch that just disappeared.
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“So here comes a brand new car company, so that’s impressive. It’s a tough business to get into; and the fact that Tesla is making a go of it and quite successfully, I think is impressive and should be applauded. We’re becoming like the British — we like noble failures. I would watch, listen to these radio talk shows just tear Tesla apart; and I go, ‘Here’s a guy, building an American car in America, using American labor. Why are you not rooting for it to be successful? Why do you wish it would fail?’ I don’t quite understand.”
Watch a preview of the next-gen Roadster’s segment in the upcoming episode of Jay Leno’s Garage in the video below.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
