Tesla (TSLA) Stock Price, Quote, News & History | Benzinga

The Tesla Roadster reveal is set for Oct. 15 near Waco, Texas, nearly nine years after Elon Musk rolled a red prototype onto a stage and pitched it as one of the quickest cars ever built. Now Tesla is preparing to show what the long-delayed electric supercar has turned into, and the setting suggests this will not be a typical product launch. Tesla first scheduled the event for Oct. 1, then pushed it back two weeks, saying severe weather was in the forecast and that the event can only be held outdoors. The company plans to livestream it on X starting at 7:55 p.m. Central time on Oct. 15. Invitations went to Roadster reservation holders, and the event is widely expected to take place near SpaceX's rocket test site in McGregor, just outside Waco. The outdoor requirement points to the feature fans care about most: an optional SpaceX package built around cold gas thrusters. Musk has publicly linked the system to brief hovering and sharply quicker acceleration, but Tesla has not explained how either would work on a road-legal production car. That makes the demonstration itself the main thing to watch. It helps to be clear about what Oct. 15 is. This is a reveal and demonstration, not the start of mass production or customer deliveries. Tesla has guided Roadster production for 2027 or 2028 at Gigafactory Texas. When the prototype debuted on Nov. 16, 2017, Tesla promised a 0-60 mph time of 1.9 seconds, 620 miles of range, a $200,000 base price and deliveries in 2020. For Tesla shareholders, the Roadster is likely to matter more as a halo product than a volume driver. Tesla delivered more than 486,000 vehicles in the third quarter, and a low-volume supercar will not move that number much. The reveal also lands six days before Tesla reports third-quarter results after the close on Oct. 21, so any pricing, specs or timing shown on stage could come up again on the earnings call. The Roadster also arrives in a different market than the one it was first pitched to. Demand for fully electric supercars looks softer than many automakers expected, so the real test may be whether a car that can reportedly hover gives buyers a reason that a gas-powered exotic cannot. Video contains content by X users: @Teslaconomics at @Teslacarsonly. $TSLA. #Tesla #TeslaRoadster #ElonMusk 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 🖥️ Want the same tools the pros use—without the $10K Bloomberg terminal? Benzinga Edge gives you real-time portfolio alerts, weekly stock picks, and pro-grade research in one command center. 👉 https://bit.ly/4unSKiB ------------------------------------------------------------------------------------ 📲 Follow us on socials @benzinga 🔔 Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.