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Tesla's Troubled Roadster Might Finally Have A Real Release Date
Tesla will reveal pricing, specs and production targets for the long-delayed Roadster as it reopens reservations requiring a $50,000 deposit.
On October 1, Tesla will reveal its long-awaited Roadster at the SpaceX McGregor test site near Waco, Texas, while simultaneously reopening reservations requiring a $50,000 deposit.
First announced in 2017, the Roadster has missed multiple production deadlines over nine years, with targets originally set for 2020, then moved to 2023 and 2024 amid supply-chain challenges.
Securing a reservation requires an initial, fully refundable $5,000 credit card payment, followed by a $45,000 wire transfer within 10 days to finalize the booking.
Despite Tesla CEO Elon Musk's claim that the vehicle will "fly," prediction markets remain deeply skeptical, with bettors on Polymarket assigning just a 4.5% chance of delivery by end of 2026.
Valuations remain contested, with Tesla trading at a high forward earnings multiple that represents a significant premium compared to multiples for Uber and Ford.
Company requires reserve of $50,000 for new generation of sportsman, which promises 0 to 100 km/h in the house of 1 second and rocket technology SpaceX