Latest news with #TeslaRoadster
Miami Herald
14-07-2025
- Automotive
- Miami Herald
Tesla's 'Most Epic Demo Ever' Is Happening This Year
This year has already been yet another rollercoaster ride for Tesla, but some important steps have been made. The refreshed Model Y has arrived, as have the updated Model S and X, and robotaxis have begun operating in Austin. Now, company CEO Elon Musk has taken to his social media site, X, to announce that Tesla plans to show off something special by the end of the year. "Just left the Tesla design studio," Musk wrote. "Most epic demo ever by end of year. Ever." So what could he be talking about? The fact that Musk teased this demonstration after visiting the Tesla design studio indicates that he saw something relating to a new product, not an update or refresh of an existing one. As noted above, every EV Tesla sells except the Cybertruck has already been updated, and we doubt the slow-selling pickup is going to be restyled anytime soon. Thus, speculation has run rife that Tesla is preparing the new Roadster. Musk has often made outlandish claims of what the Tesla Roadster will be capable of, and his proclamation that the "most epic demo ever" is coming would certainly be applicable if his earlier promises come to fruition. Let's recap some of those claims, but bear in mind that Tesla doesn't only make cars... Elon Musk has previously claimed that the Roadster will feature "alien technology" by incorporating rocket thrusters using innovations from one of his other companies, SpaceX, which has also been claimed to be providing a "cold gas thruster system with ultra high-pressure air," which is supposedly able to allow the Roadster to fly, or at least hover. Another wild claim once made was that 0-60 mph would be possible in under a second. All of these promises would certainly fit the bill of "epic" if they are realized. But let's temper our expectations for now; we don't even know if Musk is talking about the Roadster - his posts could refer to the Optimus humanoid robot. Musk has long talked up the potential use cases of the robot, and with notable advancements in xAI's Grok (alongside unforgettably offensive posts, it must be noted), Tesla's CEO may be teasing that the pair will become practical assistants that interact with the physical world. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Auto Blog
14-07-2025
- Automotive
- Auto Blog
Tesla's "Most Epic Demo Ever" Is Happening This Year
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Tesla Teases Something New This year has already been yet another rollercoaster ride for Tesla, but some important steps have been made. The refreshed Model Y has arrived, as have the updated Model S and X, and robotaxis have begun operating in Austin. Now, company CEO Elon Musk has taken to his social media site, X, to announce that Tesla plans to show off something special by the end of the year. 'Just left the Tesla design studio,' Musk wrote. 'Most epic demo ever by end of year. Ever.' So what could he be talking about? Previous Pause Next Unmute 0:00 / 0:10 Full screen Rivian R1T delivers on this EV feature that Tesla forgot Watch More Could The Tesla Roadster Finally Arrive? Source: Tesla The fact that Musk teased this demonstration after visiting the Tesla design studio indicates that he saw something relating to a new product, not an update or refresh of an existing one. As noted above, every EV Tesla sells except the Cybertruck has already been updated, and we doubt the slow-selling pickup is going to be restyled anytime soon. Thus, speculation has run rife that Tesla is preparing the new Roadster. Musk has often made outlandish claims of what the Tesla Roadster will be capable of, and his proclamation that the 'most epic demo ever' is coming would certainly be applicable if his earlier promises come to fruition. Let's recap some of those claims, but bear in mind that Tesla doesn't only make cars… Musk's Roadster Claims And Other Ambitions Elon Musk has previously claimed that the Roadster will feature 'alien technology' by incorporating rocket thrusters using innovations from one of his other companies, SpaceX, which has also been claimed to be providing a 'cold gas thruster system with ultra high-pressure air,' which is supposedly able to allow the Roadster to fly, or at least hover. Another wild claim once made was that 0-60 mph would be possible in under a second. All of these promises would certainly fit the bill of 'epic' if they are realized. But let's temper our expectations for now; we don't even know if Musk is talking about the Roadster – his posts could refer to the Optimus humanoid robot. Musk has long talked up the potential use cases of the robot, and with notable advancements in xAI's Grok (alongside unforgettably offensive posts, it must be noted), Tesla's CEO may be teasing that the pair will become practical assistants that interact with the physical world. About the Author Sebastian Cenizo View Profile
Yahoo
03-07-2025
- Automotive
- Yahoo
How Rich Would You Be If You Invested in Tesla Stock Instead of Buying a Tesla?
Spending nearly six figures on a car may not always seem like the best investment, but was it better than investing that same amount of money into the electric vehicle company itself? The short answer is no, no it wasn't. Learn More: Read Next: The earliest EV adopters bought the original Tesla Roadster when it debuted in 2008 for the handsome sum of $98,950. Founded in 2004 with Elon Musk as its biggest investor, Tesla always planned to eventually mass-produce cheaper EVs that mainstream drivers could afford. But at the dawn of the electric revolution on the eve of the Great Recession, the first Roadster was a novelty toy for the wealthy, and not necessarily a get-rich-quick investment ticket. Today, the Tesla stock price is about $325. Here's a look at the price of the first Roadster and how it could have grown for an early investor who opted for company stock over a strange but exciting new kind of vehicle. Tesla was only four years old when the company delivered Elon Musk the very first Roadster in 2008 — but it was still a privately owned company. Tesla wouldn't go public for two more years, when it celebrated its IPO on June 29, 2010. Although its initial public offering was $17 per share, it opened for trading at $19 per share. By the end of the trading session, it enjoyed an impressive 40.5% gain when it closed the day at $23.89. If you had invested $98,950 in Tesla's IPO instead of spending it on a Roadster, you would have ended the day with $139,025 — more than $40,000 profit in a single trading session. Consider This: It's important to note that only insiders could have pulled off the previous scenario. Retail investors didn't have access to Tesla's IPO shares, which means $23.89 is the lowest price average investors could have paid at the dawn of Tesla's transition to the stock market. That means a $98,950 Roadster would have been good for about 4,142 shares. With the stock trading at around $325 today, 4,142 Tesla shares would yield you over $1.3 million. Even if that were the whole story, a ninefold increase between then and now would have trounced the overall market's returns — but that early investor who traded a Roadster for company stock would have far more than 4,142 shares today. If you look at a chart of Tesla's stock price history, you'll notice that it doesn't say shares traded for $23.89 in its earliest days as a public company. It shows them trading at less than $1.30. That's because several splits downwardly revised the value of Tesla company stock. Companies split their stocks to increase liquidity by boosting the number of shares on the market while lowering the price to make them more attractive to a wider pool of buyers. Tesla has done this twice: Aug. 31, 2020: Tesla issues a 5-for-1 stock split Aug. 25, 2022: Tesla issues a 3-for-1 stock split So, factoring in splits, if you had invested $98,950 in Tesla stock as opposed to buying the electric car, you would have about $17,805,050 today. Caitlyn Moorhead contributed to the reporting for this article. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 7 Luxury SUVs That Will Become Affordable in 2025 Here's the Minimum Salary Required To Be Considered Upper Class in 2025 This article originally appeared on How Rich Would You Be If You Invested in Tesla Stock Instead of Buying a Tesla? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Indian Express
01-07-2025
- Science
- Indian Express
10 strangest objects floating in space
When the Soviet Union launched Sputnik 1 in 1957, it marked the beginning of humanity's presence beyond Earth. But in the decades since, we've done more than just launch satellites and scientific instruments into orbit — we've sent art, ashes, accidents, and outright oddities. Some objects were placed in space on purpose, symbolic gestures meant to inspire or amuse. Others were lost by accident, abandoned or forgotten during ambitious missions. Still more were part of bizarre Cold War schemes or questionable experiments that never quite panned out. Let's start with the obvious – astronauts pee. But when you're in a cramped spacecraft hurtling around the Earth, waste disposal isn't as simple as flushing it away. For decades, urine produced aboard spacecrafts were simply released into space. Once expelled, it would instantly freeze into a cloud of tiny, glittering crystals — a twinkling, golden mist visible through the portholes. Some astronauts have even described the sight as beautiful. More recently, the International Space Station installed a high-tech filtration system to recycle urine into drinking water, a more sustainable approach to bodily waste in orbit. In 2018, SpaceX decided that a boring concrete test payload just wouldn't cut it for the maiden voyage of its Falcon Heavy rocket. Instead, Elon Musk launched his own cherry-red Tesla Roadster into space, complete with a spacesuit-wearing dummy named 'Starman' in the driver's seat. Originally aimed at a Mars orbit, the Tesla overshot and now loops around the sun every 557 days. It's become a sort of cosmic billboard for SpaceX, and you can track it live at According to the website, its travelled the equivalent of all the world's roads 91 times without ever stopping for a recharge. Not all space toys are left behind by accident. In 2011, NASA launched the Juno probe toward Jupiter — and with it, three tiny Lego figurines made from aluminium to withstand the brutal radiation of the gas giant. The minifigs represent Jupiter, the Roman king of the gods; Juno, his wife; and Galileo Galilei, the first person to observe Jupiter's largest moons. The inclusion was a collaboration with the Lego Group aimed at inspiring young people to engage with science and space. Hurtling through interstellar space, the twin Voyager spacecraft carry one of humanity's most ambitious attempts at cosmic communication: a pair of gold-plated phonograph records. The records, curated by a team led by Carl Sagan, include greetings in 55 languages, recordings of a baby crying and a heartbeat, the sound of waves, and music from across human history — including Bach, Beethoven, and Chuck Berry's 'Johnny B. Goode.' There are also 155 images encoded into the disc, showing everything from city streets to diagrams of DNA. The records are meant for any alien civilisations that might stumble upon them. It seems only right that Gene Roddenberry, creator of Star Trek, should find his final resting place among the stars. Though previous attempts to launch his ashes into space either failed or ended in atmospheric reentry, a successful launch finally took place in January 2024. This time, a portion of Roddenberry's ashes made it beyond the Earth-Moon system and into deep space, where they will drift forever. We've left a lot of junk up there — and it's starting to get dangerous. Space debris includes everything from dead satellites and spent rocket boosters to flecks of paint and broken antennae. Some pieces travel at over 17,000 mph, fast enough to cause catastrophic damage on impact. The problem has grown so severe that experts warn of the potential for 'Kessler syndrome' — a chain-reaction of collisions that could make Earth's orbit unusable for decades. In 1969, artist Forrest Myers devised a plan to smuggle art onto the Moon aboard Apollo 12. NASA wasn't interested, so Myers covertly handed off a tiny ceramic tile etched with artwork from six famous artists — including Andy Warhol — to an insider working on the lunar lander. The tile, dubbed the 'Moon Museum,' was reportedly installed without NASA's knowledge. Warhol later claimed his contribution was just his initials. But the etching looks very much like a crude drawing of male genitalia. In 2008, astronaut Heide Stefanyshyn-Piper was performing maintenance outside the ISS when she lost her grip on a toolbag. The 30-pound bag, filled with grease guns and a scraper, drifted slowly away, becoming one of the most expensive pieces of space litter in history. Amateur astronomers spotted it from Earth in the weeks that followed, and skywatchers could track it using satellite monitoring websites. In the Cold War era, the US feared Soviet attacks on underwater communication cables. The solution? Launch 480 million copper needles into space to create an artificial ionosphere for bouncing radio signals around the globe. The 1963 experiment, called Project West Ford, mostly failed. Most of the needles eventually fell back to Earth and burned up — but not all. Clumps of these tiny metallic slivers still orbit the Earth today, serving as a strange reminder of just how far Cold War paranoia was willing to go. Orbiting Earth and spinning once every minute is a mysterious 60-foot-long object known as J002E3. First detected in September 2002 by an amateur astronomer as it drifted through the constellation Pisces, the object was initially mistaken for an asteroid. But further analysis revealed it was not natural — it was built by humans. Experts now believe it's likely the long-lost third stage of the Apollo 12 rocket, which launched to the Moon in 1969 and was thought to have vanished into deep space.
CNBC
29-06-2025
- Automotive
- CNBC
Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then
At the time of Tesla's IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a single charge. The Model S sedan was still in the lab, two years away from hitting the market. "The Model S, which is planned to compete in the premium vehicle market, is intended to have a significantly broader customer base than the Tesla Roadster," the company said in its IPO filing, ahead of its planned $226 million offering. A bet on Tesla, which debuted on the Nasdaq on June 29, 2010, was a wager on CEO Elon Musk's ability to develop a roster of mass-market electric cars and scale an automaker far away from the Detroit auto hub, focusing instead on Silicon Valley, home to much of the world's top tech talent. Musk didn't start Tesla, but he invested early, served as chairman and took over as CEO in October 2008, after leading a board revolt against founding CEO and inventor Martin Eberhard early that year. An investor who put $10,000 into Tesla's stock at the time of the company's IPO and held onto all those shares would now own a stake worth close to $3 million. A similar investment at the time in the S&P 500 would have resulted in holdings worth about $57,000. Far removed from its days as an experimental clean-tech startup led by a member of the "PayPal mafia," Tesla is now the eighth most-valuable publicly traded U.S. company, with a market cap of over $1 trillion after nearly hitting $100 billion in revenue last year. The Roadster is largely in the history books, and the Model S is no longer of great importance to the company's bottom line. Rather, it's Tesla's top-selling Model Y SUV and Model 3 sedan, along with sales of environmental regulatory credits, that helped define the company's financial success over the past decade. But for the 54-year-old Musk (his birthday was Saturday), now the world's wealthiest person, that's the past. He's told investors that the reason to buy and own Tesla stock from here has almost nothing to do with selling cars to consumers. "If somebody doesn't believe Tesla's going to solve autonomy, I think they should not be an investor in the company," Musk said on an earnings call in April of last year. He added, "We will, and we are." Two months after that, Musk said his company's Optimus humanoid robots that he hopes some day will perform like R2-D2 and C-3PO in Star Wars, could some day lift Tesla's market cap to $25 trillion. Musk, who last year characterized himself as "pathologically optimistic," has said he expects thousands of Optimus robots to be working in Tesla factories by the end of 2025, and that the company will begin selling the robot next year. As for autonomy, Tesla currently lags behind Alphabet's Waymo, which is operating public robotaxi services in several U.S. markets, and Baidu's Apollo Go in China. Tesla's Robotaxi just launched a very limited pilot service in Austin, Texas, earlier this month, and said Friday it had completed its first driverless delivery of a new car to a customer. While Tesla still has its share of fanatics and a largely bullish slate of analysts, Wall Street is skeptical of Musk's futuristic promises or sees them as baked into the stock price. The stock is down about 20% this year, badly underperforming major U.S. indexes and trailing all of its megacap tech peers. Apple, down 19.7% for the year, is the only one close. Earlier in June, Tesla's vice president of Optimus robotics, Milan Kovac, said he's leaving the company after a nine-year tenure, and Musk more recently fired Omead Afshar, the automaker's vice president of manufacturing and operations. Meanwhile, Tesla EV sales have been sluggish in 2025, with automotive revenue suffering a second straight year-over-year decline in the first quarter due to an aging lineup and bustling competition, especially from lower-cost Chinese manufacturers. New Tesla sales in Europe fell for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA, and Tesla's newest model, the Cybertruck, has failed to gain significant traction in the U.S. after a series of recalls. Hovering over Tesla's business is the unpredictability of Musk. Long glorified for his business success — through PayPal, Tesla, SpaceX, brain tech startup Neuralink and artificial intelligence company xAI, among other pursuits — Musk asserted himself in the political realm last year, when he endorsed Donald Trump for president and subsequently injected nearly $300 million into his campaign and related Republican causes. Musk spent the first few months of 2025 spearheading President Trump's Department of Government Efficiency (DOGE), slashing the size of the federal government and stripping resources from regulatory agencies, including those tasked with oversight of his companies. But his pivot to politics came at a cost, at least in the short term. Musk's vocal and financial support of Trump, endorsement of Germany's far-right AfD party and extended string of charged and divisive remarks and gestures, including on his social network X and in press appearances, has been correlated with declines in Tesla's reputation, and a drop in his overall favorability, according to polling data. "Unless Tesla can come up with a whole range of new products that will really excite consumers, and unless they can mitigate some of the antagonism caused by their leader, they will be seen as past their peak and will begin to go down," David Haigh, CEO of research and consulting firm Brand Finance, said in January. Brand Finance's data showed that the value of Tesla's brand fell by 26% in 2024, a second straight annual decline. That was before Musk's time working in the second Trump administration. Musk's official tenure in Washington, D.C., ended earlier in June, just as his relationship with the president was souring. Shares of Tesla fell 14% on June 5, as President Trump threatened to pull government contracts for Musk's companies, escalating a war of words over the president's spending bill. Musk temporarily slowed his posting about politics on social media after that, and appeared to focus more on promoting his businesses. But this weekend he resumed attacking portions of the bill that would hamper solar and renewable energy companies, including Tesla. Whether Musk is now focused enough to solve Tesla's problems and, even if he is, whether that's a big catalyst for the company, is very much up in the air. Musk and Tesla didn't respond to a request for comment. Tesla investors have learned that volatility is a big part of the story, and has been since the company's stock market debut. On more than 40 occasions in the past 15 years, Tesla's stock has gained or lost at least 20% in a single month. Here are the three best and worst months for the stock and what happened to cause these hefty moves: May 2013 In Tesla's best month on record, the stock jumped 81%. The company for the first time reported a quarterly profit, albeit a very narrow one. It didn't mark a sudden turn to profitability, as Tesla continued to lose money until 2018. But sales of Model S cars topped estimates as did revenue from zero emission vehicle (ZEV) credits, which have long been a boon for the company and have sometimes been the difference between a quarter ending in the red or the black. August 2020 Following a big dip in the early days of the Covid pandemic, Tesla's stock began an historic rally, leading to an eightfold increase in the stock in 2020, by far its best year on record. Its single best month that year was August, when the share price jumped 74%. Model 3 sales were accelerating rapidly, but much of the momentum was tied to buzz that the company could soon enter the S&P 500, and a pandemic market boom, when retail investors poured into meme stocks, cryptocurrencies and FOMO (fear of missing out) assets. Tesla's big announcement in August 2020 was a five-for-one stock split, with the share price having soared well past $1,000. Tesla would split its stock again in 2022. November 2010 Tesla's 62% rally in its fifth full month as a public company was as much a sign of early volatility as anything else. The next month, the company would lose almost a quarter of its value, wiping out most of those gains. Tesla's cash position at the end of 2010 was precarious enough that the company warned it may need to raise more money in the future, particularly "if there are delays in the launch of the Model S." On Nov. 9, 2010, Tesla reported a 31% drop in year-over-year revenue to $31.2 million and a net loss of $35 million. A week earlier, the company said Panasonic had invested $30 million in Tesla through a private placement. December 2022 Tesla's steepest monthly slump on record was a 37% decline to wrap up 2022, which was the worst year for the Nasdaq since the 2008 financial crisis. The company faced a production halt at its Shanghai facility, which was dealing with a fresh onslaught of Covid cases. Musk had been selling Tesla stock in big chunks to fund his $44 billion acquisition of Twitter, which he later renamed X. Musk said on Twitter Spaces on Dec. 22 that he wouldn't be selling any stock for 18 to 24 months. In a debate with a Tesla shareholder, he pinned Tesla's declining share price on Federal Reserve rate hikes, writing that "people will increasingly move their money out of stocks into cash, thus causing stocks to drop." The distraction of the Twitter deal weighed on Tesla shares, and Musk also frustrated some shareholders by borrowing personnel from the Tesla Autopilot team to work on his social media company's technology. February 2025 What was supposed to be a honeymoon period for Tesla, thanks to Trump's return to the White House, turned into a massive selloff, with the stock plummeting 28% in February. In its earnings report in late January, Tesla said automotive revenue sank 8% from a year earlier and the company reported a 23% drop in operating income. Tesla cited reduced average selling prices across its Model 3, Model Y, Model S and Model X lines as a major reason for the decline. Investors also worried about impending tariffs on goods and materials coming from Canada and Mexico, where some of its key suppliers are based. With Musk ramping up his political rhetoric, new vehicle registrations dropped in Europe, plummeting in Germany by around 60% in January from a year earlier. January 2024 The beginning of 2024 was almost as bad for Tesla, with the stock tumbling 25% to open the year. The company reported revenue and profit for the fourth quarter that trailed estimates, partly because of steep price cuts around the world. Tesla warned that volume growth in 2024 "may be notably lower" than in 2023, and cautioned investors that it was "currently between two major growth waves." There were countless other monumental moments for Tesla along the way and, had Musk gotten his wish in 2018, the IPO anniversary may have never taken place. "Am considering taking Tesla private at $420. Funding secured," Musk infamously tweeted in August of that year. Tesla's stock trading was initially halted and shares were volatile for weeks. A take-private never occurred. The SEC investigated and charged Musk with civil securities fraud as a result of the tweets. Tesla and Musk struck a revised settlement agreement in 2019 over those charges. The agreement forced Musk to temporarily relinquish his role as chairman of the Tesla board, a position that's now held by Robyn Denholm.
