Elon Musk pushed back the launch of the Tesla Roadster. Again.

  • Elon Musk has delayed the launch of the Tesla Roadster again.

  • Musk said the Roadster could be released in “a month or so.”

  • The Tesla Roadster has faced multiple delays since it first opened for pre-order in 2017.

Elon Musk has delayed the release date of the long-awaited Tesla Roadster and provided another vague launch timeline.

During Tesla’s first-quarter earnings call on Wednesday, the CEO said the company could unveil the next-generation Roadster in “a month or so.”

“There’s a lot of testing and validation that needs to happen before we can actually do a demonstration and the demonstration doesn’t go wrong,” Musk said. “But I think this will be one of the most exciting product launches ever.”

Musk said the Roadster will eventually be the only human-driven car in Tesla’s lineup, adding that while he doesn’t expect it to have a huge impact on the company’s revenue, “it’s pretty cool.”

The Tesla Roadster, an electric sports car, has faced years of delays since it first opened for pre-order in 2017.

Musk said in October that the car could debut before the end of the year, but said a month later that a demonstration day was tentatively scheduled for April 1, 2026. In mid-March, Musk said it would “probably” launch in late April, only to be delayed again.

Tesla’s profit beat estimates on Wednesday, pointing to a rebound in demand in North America. The company reported revenue growth of 16% year over year, beating analysts’ expectations. Tesla also said it plans to significantly increase capital expenditures.

See also  'Aap chor raastey se aaye ho': Shadab Khan under fire for 'Pakistan beat India' comment

The stock briefly rose 4% in after-hours trading after the earnings report was released, but then fell back to where it was at the close.

Read the original article on Business Insider

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *