Business

Tesla aims to ship Roadster cars next year, Musk says

 Tesla will aim to ship its Roadster electric sports car next year, the electric vehicle maker’s CEO Elon Musk said on Wednesday.

“Tonight, we radically increased the design goals for the new Tesla Roadster,” Musk said in a post on X, adding that Roadster’s production design will be completed and unveiled by the end of this year.

Tesla had announced the Roadster, a battery-powered four-seater, at the end of 2017, which was originally set to be launched in 2020.

Musk in 2021 had pushed the launch of the Roadster to 2023, citing global supply chain bottlenecks. In 2023, Musk said Tesla hopes to start production of its long-delayed next-generation Roadster electric sports car next year.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Safe debt financing: International spillovers and the benefits of fiscal policy coordination

Safe government bonds enjoy a discount known as the convenience yield. When a government issues…

6 hours ago

The world is urbanizing fast — the window to get it right is narrowing

The most important urban decisions of this century are being made right now, mostly in…

6 hours ago

When aging meets digital & AI: Closing the silver digital divide for an aging world

We are living through two megatrends humanity has never seen before. The first is aging.…

6 hours ago

Tracking the changing role of foreign direct investment and remittances—check the latest WDI data

For decades, foreign direct investment (FDI) was seen as the primary engine of development finance.…

6 hours ago

Automation does not lower the labour share

The rapid diffusion of generative AI has revived fears that a new wave of automation…

1 day ago

When political pressure trumps academic freedom

Academic freedom has been declining over the past decade across the world. This column analyses…

1 day ago