Tesla is set to unveil its long-awaited next-generation Roadster on Thursday, nearly ten years after it began accepting deposits for the vehicle. The event will be livestreamed from a SpaceX test site in Texas, and is scheduled to start at 7:55 local time. The original Roadster, which debuted in 2008, was priced around $100,000 and produced in limited quantities until 2012.
The new model is anticipated to incorporate SpaceX technology, including cold gas thrusters that could allow the car to hover. Despite the excitement from fans and the reopening of reservations with $50,000 deposits in the U.S., Canada, and China, analysts suggest that the Roadster's launch will not significantly affect Tesla's financials.
The company has faced multiple delays since Musk first announced the refreshed Roadster concept in 2017, and it has missed all previous delivery targets. Tesla is also expected to report its third-quarter results shortly after the Roadster reveal, adding another layer of interest for investors monitoring the company's performance