Core Viewpoint - Tesla is experiencing a positive turnaround after a challenging period, with renewed focus from Elon Musk and potential new product announcements [1] Group 1: New Product Speculation - There is speculation that Tesla may finally release the long-awaited Roadster, which was first unveiled in November 2017, promising a 0-60 mph time of 1.9 seconds and a range of approximately 620 miles on a single charge, with a base price around $200,000 [2] - The Roadster has faced multiple delays, with production design expected to be completed by the end of 2024 and deliveries anticipated to start in 2025 [3] Group 2: Mass-Market Vehicle Plans - Plans for a new mass-market vehicle have been in development since 2016, with Musk envisioning a more affordable EV, although the Model 3, priced at about $42,500, remains out of reach for many consumers [4] - Musk referenced a $25,000 vehicle in 2020, with expectations for a model dubbed "Model 2" or "Redwood" to begin production by mid-2025, aiming to manufacture 10,000 units weekly [5] - The company has reportedly started initial builds of a more affordable model as of June, which is expected to be smaller than the Model Y, although mass availability may take longer despite builds starting in 2025 [6]
Dear Tesla Stock Fans, Mark Your Calendars for October 7