Skip to main content
Back to brief

Business & Finance · October 16, 2026

Tesla reveals next-generation Roadster after almost a decade of delays

4 sources →

Tesla officially revealed its long-delayed, next-generation Roadster during a livestreamed event at a SpaceX facility in Texas. Originally announced in 2017, the electric sports car features technology developed in collaboration with SpaceX, including cold-gas thrusters that allow the vehicle to perform mid-air maneuvers and reach speeds of 0 to 60 mph in under one second. CEO Elon Musk stated the vehicle will enter production in 2028 and will likely be the final Tesla model designed to be controlled by a human driver. Despite the high-performance capabilities, Musk noted the low-volume model is not expected to have a material financial impact on the company.

Read the original coverage

Reported by multiple outlets

  • Tesla revealed the next-generation Roadster at a SpaceX test site in McGregor, Texas.
  • The vehicle features SpaceX-developed thruster technology.
  • The Roadster demonstrated an acceleration from 0 to 60 mph in less than one second.
  • The car performed mid-air maneuvers, including a flip and a hovering landing.
  • Elon Musk described it as the company's last human-driven car.
  • The project has faced multiple delays since its initial 2017 concept debut.

Reported by only some outlets

  • Production for the Roadster is scheduled to begin in 2028.
  • Tesla is accepting $50,000 deposits for the car.
  • Sam Altman previously requested a refund for his reservation due to the 7.5-year delay.
  • The vehicle utilizes a steer-by-wire system and a steering yoke.
  • One customer provided Tesla a $250,000 'interest-free loan' for a Founder's Edition reservation in 2017.
  • The car does not include Tesla's 'FSD' (Full Self-Driving) system.

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.