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Musk teases Tesla Roadster demo by year-end. He's been hyping a new one since 2017
CNBCยท 2025-10-31 23:53
Core Insights - Tesla CEO Elon Musk has indicated that the long-awaited updated version of the Roadster is expected to be unveiled "hopefully before the end of the year" [2] - The delay in the Roadster's production has led to frustration among customers, including OpenAI CEO Sam Altman, who attempted to cancel his reservation after 7.5 years [3] - Industry observers note that the renewed discussion around the Roadster may be influenced by Altman's recent comments regarding his reservation [4] Group 1 - The updated Roadster has yet to enter production, but Musk is optimistic about its unveiling [2] - Musk has not provided specific technical or design details about the new Roadster [2] - The Roadster is positioned as a high-end, low-volume model aimed at competing with other luxury electric vehicles [5] Group 2 - Musk is facing a significant shareholder vote regarding a proposed pay package that could result in nearly $1 trillion in Tesla stock for him [6] - This pay package would increase Musk's stake in Tesla to around 25%, contingent on meeting various market valuations and growth milestones [6]