Tesla CEO Elon Musk Says Upcoming Roadster 'Not Even Really A Car' And Would Be 'Cooler Than The Cybertruck'
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk teased details about the upcoming Tesla Roadster, highlighting its collaboration with SpaceX to incorporate rocket technology, making it more than just a car. Musk aims to finalize the Roadster's design by late 2024, with deliveries expected in 2025. The Roadster is anticipated to be Tesla's fastest car, achieving 0-60 mph in under a second. Despite Tesla's recent stock slump, Musk emphasized the company's focus on delivering outstanding products, noting the success of the Model Y SUV and the Cybertruck.
March 19, 2024 | 8:27 am
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POSITIVE IMPACT
Elon Musk's announcement about the Tesla Roadster incorporating SpaceX rocket technology and aiming for a 2025 release could generate investor excitement, potentially influencing Tesla's stock in the short term.
Elon Musk's statements about the upcoming Tesla Roadster, its collaboration with SpaceX, and its potential to be Tesla's fastest car could positively impact investor sentiment. The emphasis on innovation and the success of Tesla's products, despite a recent stock slump, may contribute to a positive short-term outlook for TSLA shares.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100