Updated
Updated · CNBC · Oct 16
Tesla Unveils 2028 Roadster With Rocket Thrusters as Shares Slip 1%
Updated
Updated · CNBC · Oct 16

Tesla Unveils 2028 Roadster With Rocket Thrusters as Shares Slip 1%

3 articles · Updated · CNBC · Oct 16

Summary

  • Tesla shares fell 1% after the company unveiled its long-awaited second-generation Roadster at a Thursday event.
  • The new model uses SpaceX-developed rocket-style thrusters and demonstrated aerial maneuvers, which Tesla said make it the world’s first flying car.
  • Tesla expects production to begin in 2028, leaving the launch years away despite the high-profile reveal.
  • The muted stock reaction suggests investors treated the showcase as a product spectacle rather than an immediate financial catalyst.

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