Tesla (TSLA) Stock: Flying Roadster Wows the Crowd, but Wall Street Shrugs
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TLDR Tesla (TSLA) stock fell about 1% after the Roadster reveal, while SpaceX (SPCX) dropped about 2%. The Roadster flipped in the air and landed using cold-gas thrusters at SpaceX’s Waco, Texas site. Tesla claims 0-60 mph in 0.81 seconds in a test at the event. Production is set for 2028, with a $5,000 deposit and a $45,000 wire due within 10 days. Gene Munster called the event “an engineering flex with no commercial value.” Tesla (TSLA) stock traded down about 1.29% on Friday after the company showed off its new Roadster . SpaceX (SPCX) was down about 2.33%. Tesla, Inc., TSLA The event ran two weeks late. It was first set for Oct. 1, but Tesla said weather at the demo site pushed it back.
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