Tesla stock pops after unveiling Roadster with compressed air thrusters for limited flight
Tesla shares climbed between 4% and nearly 5% in premarket trading on Friday following the debut of the redesigned Roadster sports car. CEO Elon Musk revealed the vehicle on Thursday evening during a live event at SpaceX's testing facility in McGregor, Texas. The new electric vehicle features SpaceX-inspired cold-gas thrusters that enable limited flight capabilities and short airborne movements. Additionally, the sports car demonstrates a zero to sixty miles per hour acceleration time in under a second.
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- ✓ Tesla shares rose nearly 5% in premarket trading on Friday, 16 October 2026, following the unveiling of the redesigned Roadster electric sports car.
- ✓ The vehicle was presented during a live event on Thursday evening at SpaceX's testing facility in McGregor, Texas.
- ✓ The new Roadster features SpaceX-developed cold-gas thrusters for limited flight capabilities and short airborne movements.
- ✓ The sports car demonstrated a zero to sixty miles per hour acceleration time in under a second.
What changed
Tesla formally unveiled the redesigned Roadster with compressed air thrusters and a sub-one-second acceleration time.
Live updates
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Tesla Shares Jump After Roadster Unveil Features Flight Tech
Tesla shares climbed between 4% and nearly 5% in premarket trading on Friday following the debut of the redesigned Roadster sports car. CEO Elon Musk revealed the vehicle on Thursday evening during a live event at SpaceX's testing facility in McGregor, Texas. The new electric vehicle features SpaceX-inspired cold-gas thrusters that enable limited flight capabilities and short airborne movements. Additionally, the sports car demonstrates a zero to sixty miles per hour acceleration time in under a second.
Why it matters
The long-awaited vehicle unveiling caught investors' attention and boosted market interest, though analysts note the product reveal is unlikely to drive an immediate earnings beat. Tesla targeted 2028 for production of the futuristic vehicle. The demonstration showcased advanced engineering and technology chops from the company.
What is confirmed
- Tesla shares rose nearly 5% in premarket trading on Friday, 16 October 2026, following the unveiling of the redesigned Roadster electric sports car.
- The vehicle was presented during a live event on Thursday evening at SpaceX's testing facility in McGregor, Texas.
- The new Roadster features SpaceX-developed cold-gas thrusters for limited flight capabilities and short airborne movements.
- The sports car demonstrated a zero to sixty miles per hour acceleration time in under a second.
Still unconfirmed
- Production for the redesigned Roadster is targeted for 2028.
What to watch next
- Official corporate updates regarding production timelines and manufacturing milestones for the 2028 target
- Further technical demonstrations of the cold-gas thruster system and regulatory responses to flying car features
confidence 100%Sources used for this update (12)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- Fox Business — Tesla’s new Roadster makes a flying debut, hitting 60 MPH in under a second
- Yahoo Finance — Tesla Roadster probably won't drive an earnings beat, but the big unveil did achieve 2 things
- Yahoo Finance — Tesla stock pops after unveiling Roadster with compressed air thrusters for limited flight
- The Guardian — Elon Musk reveals ‘world’s first flying car’ at Tesla event
- CNBC — Tesla's Roadster reveal, Apple and Meta team up, Nike's India push and more in Morning Squawk
- uk.finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq mixed to cap ...
- www.businessinsider.com — Tesla Share Price up After Roadster Reveal Boosts Investor ...
- finance.yahoo.com — Tesla Shares Climb Nearly 5% After New Roadster Demonstrates ...
- techstory.in — Elon Musk Unveils Flying Tesla Roadster With SpaceX-Inspired Thrusters, Targets 2028 Production - TechStory
- finance.yahoo.com — 'Something extraordinary': Tesla Roadster wows with ...
- www.cnbctv18.com — Tesla shares rise 4% after Elon Musk unveils redesigned ...
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