Tesla Accelerates Roadster Development Amid Investor Skepticism
Tesla has reignited development efforts for its long-delayed Roadster, shifting the vehicle's design from a four-seater prototype to a two-seater sports car with butterfly doors. The project, stagnant for over a year, now faces a two-to-three-year production timeline. Elon Musk confirmed the team's focus on aerodynamic prototypes, hiring at least five engineers to advance the concept.
Investors remained unimpressed, sending Tesla shares down 4% during Thursday trading. The muted reaction underscores broader market skepticism toward Tesla's ability to execute on niche projects while balancing core production challenges.