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Tesla's Next-Generation Roadster Nears Debut as EV Market Slows

Tesla is set to debut its long-delayed next-generation Roadster in Waco, Texas, nearly a decade after Elon Musk announced it, as the EV market slows.

The Roadster was originally positioned as one of the fastest cars ever made. Musk has said it can accelerate from 0 to 60 mph in less than two seconds, reach a top speed above 250 mph and offer an optional "SpaceX package" with cold-gas thrusters that would allow it to "fly a little," according to the report. But the car has also become defined by its unattainability. After years of missed deadlines, the Roadster came to resemble vaporware, alongside Tesla projects such as solar roof tiles, battery swapping and robot charging that were promised but never delivered. Some reservation holders, including OpenAI CEO Sam Altman and YouTuber Marques Brownlee, canceled their orders on the assumption the Roadster would not launch, The Verge reported.

The timing is difficult for any new EV. The tax-credit-fueled enthusiasm of the post-Covid years has given way to slower sales and fewer options. Automakers are scaling back EV plans as US sales stall. Even Tesla, the market leader, is dealing with shrinking demand and lowered expectations, according to the report.

Musk has occasionally delivered a version of his more extravagant promises. Tesla's robotaxi service may not cover 50 percent of the US population, but dozens of steering-wheel-less Cybercabs are operating in Austin, Texas. The Cybertruck may not be able to float, but it exists, although weak demand suggests few buyers want one.

The larger question is why the Roadster exists at all. Musk has been pushing Tesla to become less of a car company and more of a robotics and AI company. He has said the Roadster will be the last Tesla vehicle built for human driving, with everything else autonomous. Tesla recently ended production of its original flagship models, the Model S and Model X, to make room for production of its Optimus humanoid robots. Musk is also openly considering a merger with SpaceX to accelerate the AI race. The Roadster has been relegated to relic status before it reaches a single customer, according to The Verge.

Tesla has already achieved some of the performance goals claimed for the Roadster. The Model S Plaid, released in 2021, had a claimed 0 to 60 mph time of 1.99 seconds minus a one-foot rollout, later confirmed by independent tests. When Tesla demonstrates the likely very quick Roadster, some observers may feel they have seen the same movie before.

Tesla watchers have experienced a broader sense of déjà vu. A company that once revealed new products every year has recently rereleased products it had already shown. This year brought the rereveal of the Cybercab, first announced in 2024; the Semi, first announced in 2017; and now the Roadster, also first announced in 2017. The Cybertruck is the only new consumer vehicle Tesla has delivered in the last five years, and it has been a noticeable flop, The Verge reported.

Once it enters production, the Roadster will face a chilly electric hypercar market. When it was first revealed, Tesla did not know how weak demand would be for two-door EVs at that price and performance level. Several automakers have tried without success. Hyper-EVs such as the Rimac Nevera, Pininfarina Battista and Lotus Evija achieved impressive engineering feats but faced low sales volumes, severe production delays and weak demand.