Connect with us

News

Tesla Roadster will have a “SpaceX option package” that boosts performance beyond base levels

Published

on

Tesla CEO Elon Musk has revealed that the next-generation Roadster will have a “SpaceX option package” that will upgrade the all-electric supercar’s performance to even higher levels.

Speaking during Tesla’s 2018 Annual Shareholder Meeting, Musk addressed the room full of investors that range and performance of the Tesla Semi and Roadster prototypes that were unveiled last November will be even better in the final production version. “In particular, the Tesla Roadster. What we unveiled with the Roadster was the base model performance. It’s going to have a SpaceX options package. It’s crazy,” said Musk.

The announcement reinforces a previous statement made about the general specifications of the all-electric supercar. Following its debut, Musk tweeted that there would be a “special option package” that takes the vehicle to the “next level.” In a follow-up tweet, Musk candidly noted that with the special upgrade, the next-gen Roadster would be able to fly “short hops,” considering that applying rocket technology opens up new possibilities for the vehicle.

The specs of the next-gen Roadster with the SpaceX option package could very well be beyond hypercar territory. The base trim of the vehicle, after all, is already equipped with impressive features, such as a top speed of more than 250 mph, a 0-60 mph time of 1.9 seconds, a quarter-mile time of 8.9 seconds, a 200 kWh battery pack that gives 620 miles of range, and 10,000 Nm of torque from the supercar’s 3 electric motors.

Advertisement
-
-

The supercar is also equipped with “Plaid Mode,” Elon Musk’s latest nod to sci-fi comedy film Spaceballs that features even faster acceleration than the Model S P100D and Model X P100D’s Ludicrous Mode. With the SpaceX option, the next-generation Tesla Roadster would practically be an electric rocket on wheels — a vehicle that can, in Elon Musk’s words, truly deliver a “hardcore smackdown” to gasoline cars.

The next-gen Roadster carries much of the practicality that Tesla’s vehicles such as the Model S, Model X, and Model 3 are known for. Despite being a supercar, for example, the next-gen Roadster can seat four passengers, thanks to its 2+2 seating arrangement. Vehicles that feature comparable performance, such as the Koenigsegg Agera R and the Bugatti Chiron, and every vehicle in the hypercar trinity like the Porsche 918 Spyder, the Ferrari LaFerrari, and the McLaren P1, are exclusively 2-seaters.

A white Tesla Roadster prototype is displayed outside of the Computer History Museum in Mountain View, CA on Tuesday, June 5, 2018 [Credit: Dennis Pascual via Twitter]

More importantly, the $200,000-$250,000 next-generation Roadster is also far more affordable than its gasoline-based competitors. The hypercar trinity, for one, are all in the $1 million price range. The Koenigsegg Agera R and the Bugatti Chiron, on the other hand, are even more expensive, with the former costing $2.1 million and the latter commanding a hefty $2.8 million price tag.

Tesla is starting to feature the next-generation Roadster more frequently on its social media channels and live events. During the company’s first-quarter all-hands promo video, the all-electric supercar’s blistering acceleration and its unique interior were highlighted prominently. Earlier this year, the vehicle was also displayed at Tesla’s Palo Alto headquarters.

Test drives of the next-gen Tesla Roadster are set to begin sometime towards the end of 2019. Production of the vehicle is expected to start in 2020.

Advertisement
-
-

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

Published

on

Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

Advertisement
-
-
Continue Reading

Elon Musk

Elon Musk updates the SpaceX timeline for Mars

Published

on

Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

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.”

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.”

Advertisement
-
-

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.

SpaceX Board has set a Mars bonus for Elon 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.

Continue Reading

Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

Published

on

Credit: SpaceX

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.

Advertisement
-
-

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.

Continue Reading