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

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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.

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]

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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.

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.

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

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Credit: Tesla

Tesla (NASDAQ: TSLA) is being called “the biggest meme stock we’ve ever seen” by Yale School of Management Senior Associate Dean Jeff Sonnenfeld, who made the comments in a recent interview with CNBC.

Sonnenfeld’s comments echo those of many of the company’s skeptics, who argue that its price-to-earnings ratio is far too high when compared to other companies also in the tech industry. Tesla is often compared to companies like Apple, Nvidia, and Microsoft when these types of discussions come up.

Fundamentally, yes, Tesla does trade at a P/E level that is significantly above that of any comparable company.

However, it is worth mentioning that Tesla is not traded like a typical company, either.

Here’s what Sonnenfeld said regarding Tesla:

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“This is the biggest meme stock we’ve ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you’ve got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It’s crazy, and they’ve, I think, put a little too much emphasis on the magic wand of Musk.”

Many analysts have admitted in the past that they believe Tesla is an untraditional stock in the sense that many analysts trade it based on narrative and not fundamentals. Ryan Brinkman of J.P. Morgan once said:

“Tesla shares continue to strike us as having become completely divorced from the fundamentals.”

Dan Nathan, another notorious skeptic of Tesla shares, recently turned bullish on the stock because of “technicals and sentiment.” He said just last week:

“I think from a trading perspective, it looks very interesting.”

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Nathan said Tesla shares show signs of strength moving forward, including holding its 200-day moving average and holding against current resistance levels.

Sonnenfeld’s synopsis of Tesla shares points out that there might be “a little too much emphasis on the magic wand of Musk.”

Elon Musk just bought $1 billion in Tesla stock, his biggest purchase ever

This could refer to different things: perhaps his recent $1 billion stock buy, which sent the stock skyrocketing, or the fact that many Tesla investors are fans and owners who do not buy and sell on numbers, but rather on news that Musk might report himself.

Tesla is trading around $423.76 at the time of publication, as of 3:25 p.m. on the East Coast.

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Tesla makes big change to Full Self-Driving doghouse that drivers will like

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

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Tesla's Cabin-facing camera is used to monitor driver attentiveness. (Credit: Andy Slye/YouTube)

Tesla is making a big change to its Full Self-Driving doghouse that drivers will like.

The doghouse is a hypothetical term used to describe the penalty period that Tesla applies to drivers who receive too many infractions related to distracted driving.

Previously, Tesla implemented a seven-day ban on the use of Full Self-Driving for those who received five strikes in a vehicle equipped with a cabin camera and three strikes for those without a cabin camera.

It also forgave one strike per week of Full Self-Driving use, provided the driver did not receive any additional strikes during the seven-day period.

Now, it is changing the timeframe of which strikes will be removed, cutting it in half. The strikes will be removed every 3.5 days, as long as no strikes are received during the time period.

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The change was found by Not a Tesla App, which noticed the adjustment in the Owner’s Manual for the 2025.32 Software Update.

The system undoubtedly helps improve safety as it helps keep drivers honest. However, there are definitely workarounds, which people are using and promoting for monetary gain, and you can find them on basically any online marketplace, including TikTok shop and Amazon:

People are marketing the product as an FSD cheat device, which the cabin-facing camera will not be able to detect, allowing you to watch something on a phone or look through the windshield at the road.

The safeguards implemented by Tesla are designed to protect drivers from distractions and also protect the company itself from liability. People are still using Full Self-Driving as if it were a fully autonomous product, and it is not.

Tesla even says that the driver must pay attention and be ready to take over in any scenario:

“Yes. Autopilot is a driver assistance system that is intended to be used only with a fully attentive driver. It does not turn a Tesla into a fully autonomous vehicle.

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Before enabling Autopilot, you must agree to “keep your hands on the steering wheel at all times” and to always “maintain control and responsibility for your vehicle.” Once engaged, Autopilot will also deliver an escalating series of visual and audio warnings, reminding you to place your hands on the wheel if insufficient torque is applied or your vehicle otherwise detects you may not be attentive enough to the road ahead. If you repeatedly ignore these warnings, you will be locked out from using Autopilot during that trip.

You can override any of Autopilot’s features at any time by steering or applying the accelerator at any time.”

It is good that Tesla is rewarding those who learn from their mistakes with this shorter timeframe to lose the strikes. It won’t be needed forever, though, as eventually, the company will solve autonomy. The question is: when?

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Elon Musk teases the capabilities of the Tesla Roadster once again

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Elon Musk has once again teased the capabilities of the Tesla Roadster, fueling the anticipation that many have for the vehicle, despite it still having no public production or delivery date.

The Roadster is among the most anticipated vehicles in the automotive sector currently, and as Tesla has teased its capabilities, from a lightning-fast 1.1-second 0-60 MPH acceleration to potential hovering with cold-gas thrusters, people are eager to see it.

Although the design seemed to be finalized, there was still more work to be done. Earlier this year, as Tesla was showcasing some of the Roadster’s capabilities to Musk, he stated that it was capable of even more.

This pushed back its production date even further, much to the chagrin of those who have been waiting years for it.

Musk continues to tease us all, and as we sit here waiting hopelessly for it to be revealed, he said today that it is “something special beyond a car.”

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Musk’s words were in response to a video posted by Tesla China, showing the Roadster in a new promotional video created by a fan.

The Roadster was planned to be released in 2020, but here we are in 2025, and there is still no sign of the vehicle entering production. However, Tesla did say earlier this year that it would host a demo event for the Roadster, where the company would showcase its capabilities.

Lars Moravy said earlier this year:

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“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind-blowing; We showed Elon some cool demos last week of the tech we’ve been working on, and he got a little excited.”

Tesla exec gives big update on Roadster, confirming recent rumor

The delays have been attributed to “radically increased design goals” for the vehicle, which have, without a doubt, improved its capabilities, but at the same time, we just want to know if it’s ever going to come.

Tesla can always make it “better,” but at what point do you say, “Okay, it’s time to show this thing off.” They could always build another, even more capable supercar in the next ten years.

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