Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National
Debjit Sinha

Tesla share price drops after unveiling Roadster Sports Car: Check Elon Musk's SpaceX backed flying car's features, available timeline

Elon Musk-owned Tesla has unveiled its new Roadster sports car. The new generation vehicle can thrust itself in the air, among other engineering bells and whistles. But drivers shouldn't expect to take it for a spin anytime soon. Elon Musk's electric car company rolled out its second-generation Roadster at a Thursday event, showing off a set of cold gas thrusters and a “multi-mode” suction system that can fling the car in the air for short spurts and spin the vehicle mid-flight.

This week's launch arrived after years of delays and anticipation around the new Roadster — and Tesla shares climbed in morning trading on Friday before falling amid a sell-off in companies tied to artificial intelligence. Tesla stocks dropped 3.1 per cent after the electric-vehicle maker unveiled a redesigned Roadster, powered by rocket-style thrusters, developed in collaboration with SpaceX.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.