Tesla sets Oct 1 Roadster unveiling as Semi production starts

Insidermonkey+1 · 3 hours ago
Tesla sets Oct 1 Roadster unveiling as Semi production starts
  • Tesla will unveil its next-generation Roadster on Oct 1, nearly a decade after the 2017 reveal and more than six years past the original 2020 delivery target.
  • A teaser for the Oct 1 event carried an apparent SpaceX logo, fueling speculation about a SpaceX-equipped Roadster version.
  • Tesla launched high-volume production of its Semi electric truck at its Nevada factory, with annual capacity of 50,000 trucks and a waiting list that CEO Elon Musk called "pretty significant".
  • Tesla delivered 480,126 vehicles in Q2, up 25% year over year, while active Full Self-Driving subscriptions rose 56%; automotive gross margin fell to 16.3% and free cash flow burn was about $1.1 billion.