Tesla has reopened reservations for its next-generation Roadster and announced a preview event for October 1.
Yahoo Finance reported that Tesla’s stock rose early in the week when the news became known.
However, although the reservation deposit and unveiling plan have been confirmed, the new Roadster’s price, specifications, and mass-production schedule have not yet been finalized.
3-Line Summary
1. Tesla has reopened Roadster reservations
2. A total of 5 ten-thousand dollars is required for the reservation
3. The stock’s reaction and confirmation of mass production are separate matters
10 Days to Pay 4 ten-thousand-and-5 thousand Dollars After the 5-thousand-Dollar Payment
Tesla has reopened reservations for the next-generation Roadster. According to the reservation page, customers must first pay 5 thousand dollars by credit card and then wire 4 ten-thousand-and-5 thousand dollars within 10 days to complete the reservation process. Fox Business reported that the initial payment is fully refundable.
The Roadster is a model Tesla unveiled in November 2017 and for which it had set a 2020 delivery target. However, it did not enter production as planned, and Tesla’s response regarding what priority existing reservation holders will receive has also not been confirmed.
This reopening of reservations does not mean the vehicle can be purchased immediately. Customers must first place a large sum of money, but no actual delivery date or final terms for the new vehicle have been provided. The size of the reservation deposit itself shows that the Roadster is aimed at a high-performance, high-priced vehicle segment rather than the mass market.
The October 1 Texas Unveiling Is the Key Variable
Tesla plans to unveil a redesigned Roadster in Texas on October 1. Tesla CEO Elon Musk announced the unveiling schedule on X, and the company also released a teaser hinting at the event.
Yahoo Finance reported that Tesla’s stock rose early in the week amid the announcement of reopened reservations and anticipation of the Roadster event. However, the report did not provide the size of the increase or the trading market, so this movement cannot be characterized as a stock-price change of a specific magnitude.
The Roadster differs in character from Tesla’s sales-focused models, the Model 3 sedan and Model Y compact SUV. Yahoo Finance explained that the first-generation Roadster, launched in 2008 and sold through 2012, was Tesla’s first electric vehicle. The unveiling of the new Roadster is closer to an event showcasing Tesla’s technological capabilities and brand image than to an announcement of sales volume.
Price and Propulsion-System Reports Have Not Yet Been Announced
Tesla has not disclosed the price of the new Roadster. Fox Business reported that Tesla had previously promoted a base price of 20 ten-thousand dollars, 0-to-60-mph acceleration in 1.9 seconds, and a range of 620 miles, but these were targets from 2017. There is no basis for assuming that they apply unchanged to the new model.
Some reports have also raised the possibility that the vehicle could be equipped with cold-gas propulsion devices developed in collaboration with SpaceX. However, this is not a confirmed specification announced by Tesla, and before the event, it is not possible to know whether it will actually be demonstrated on October 1.
What can be read from this week’s stock reaction is only that the Roadster unveiling attracted attention. The reopening of reservations and the event preview have been confirmed, but the vehicle’s price and performance, as well as its production and delivery schedule, must be judged based on the disclosed information.
References
Tags #TeslaStock #TeslaShares #TeslaRoadster #RoadsterReservations #TeslaDeposit #ElonMusk #ElectricVehicle #HighPerformanceEV #NewTesla #TeslaEvent #TSLA #TeslaOctober1