Tesla stock
On October 15, 2026, Tesla officially unveiled the production--intent, second--generation Roadster during a live demonstration at SpaceX's facility in McGregor, Texas. CEO Elon Musk showcased three variants—Performance, Thrust, and Rocket—highlighting active aerodynamics, a fan--powered underbody suction system designed for extreme downforce, and an optional SpaceX cold--gas thruster package delivering sub--one--second 0–60 mph acceleration and short aerial hops. Tesla opened customer reservations requiring deposits between $50,000 and $250,000, while targeting commercial production to commence in 2028. Following the demonstration, Tesla shares gained up to 5% in trading on October 16.