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2026-10-16T12:53:55.685Z

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Tesla shares rise 5% after Roadster reveal

Tesla shares rise 5% after Roadster reveal

Tesla has revealed the new second-generation Roadster model, which possesses limited flying capabilities using advanced technologies such as stealth flight and hydrogen technology, leading to a roughly 5% increase in its stock price before market opening. The new vehicle features a record-breaking acceleration from 0 to 60 mph in just 0.81 seconds at speeds reaching half the speed of sound, and can carry 260 kilograms of air with an independent charging system. Production of this model is expected to begin in 2028, as part of Tesla's efforts to integrate space technologies with the electric vehicle industry, amid market and competitive challenges in the automotive sector.

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