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.

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]

Advertisement

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.

Advertisement
Comments

News

Waymo temporarily halts service in select San Francisco and LA areas amid protests

The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Published

on

Credit: ABC7/YouTube

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state. 

The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo Catches Strays Amid Anti-ICE Protests

Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional. 

Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground. 

The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”

Advertisement

Robotaxi Sentiments

The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle. 

Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.

Continue Reading

Investor's Corner

xAI targets $5 billion debt offering to fuel company goals

Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

Published

on

(Credit: xAI)

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.

Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.

According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.

Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.

Advertisement

Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.

As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.

Continue Reading

News

SpaceX to debut new Dragon capsule in Axiom Space launch

Ax-4’s launch marks the debut of SpaceX’s latest Crew Dragon and pushes Axiom closer to building its own space station.

Published

on

spacex-dragon-axiom-ax-4-mission-iss
(Credit: SpaceX)

Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule.

The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4 mission launch was initially set for Tuesday, June 10, but was delayed by one day due to expected high winds.

As Axiom Space’s fourth crewed mission to the ISS, Ax-4 marks the debut of an updated SpaceX Crew Dragon capsule. “This is the first flight for this Dragon capsule, and it’s carrying an international crew—a perfect debut. We’ve upgraded storage, propulsion components, and the seat lash design for improved reliability and reuse,” said William Gerstenmaier, SpaceX’s vice president of build and flight reliability.

Axiom Space is a Houston-based private space infrastructure company. It has been launching private astronauts to the ISS for research and training since 2022, building expertise for its future station. With NASA planning to decommission the ISS by 2030, Axiom has laid the groundwork for the Axiom Station, the world’s first commercial space station. The company has already begun construction on its ISS replacement.

Advertisement

The Ax-4 mission’s research, spanning biological, life, and material sciences and Earth observation, will support this ambitious goal. Contributions from 31 countries underscore the mission’s global scope. The four-person crew will launch from Launch Complex 39A, embarking on a 14-day mission to conduct approximately 60 scientific studies.

“The AX-4 crew represents the very best of international collaboration, dedication, and human potential. Over the past 10 months, these astronauts have trained with focus and determination, each of them exceeding the required thresholds to ensure mission safety, scientific rigor, and operational excellence,” said Allen Flynt, Axiom Space’s chief of mission services.

The Ax-4 mission highlights Axiom’s commitment to advancing commercial space exploration. By leveraging SpaceX’s Dragon capsule and conducting diverse scientific experiments, Axiom is paving the way for its Axiom Station. This mission not only strengthens international collaborations but also positions Axiom as a leader in the evolving landscape of private space infrastructure.

Continue Reading

Trending