Will Tesla’s New Flying Roadster Send the Stock Flying?
Tesla (NASDAQ:TSLA) hasn’t had such a good year. The company’s shares are down by 16% to date. However, the company has made notable progress. It has expanded its robotaxi business to new cities, introduced the Cybercab, a self-driving vehicle dedicated to its robotaxi ambition, and recently, the electric vehicle (EV) maker showed off a flying car. Yes, you read that right. Could this new development be the catalyst that sends Tesla’s stock soaring?
Image source: The Motley Fool.
Tesla’s first car was the Roadster. But the company had not introduced a second generation of this vehicle since its initial debut. It has now done so. On Oct. 15, Tesla revealed the second-generation Roadster, and in true Tesla fashion, it was quite a show. One version of the car drove up a curved ramp and ended up upside down at some point.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.