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Tesla CEO Elon Musk unveils the Roadster 2 during a presentation in Hawthorne, California, on November 16, 2017.
Tesla CEO Elon Musk unveils the Roadster 2 during a presentation in Hawthorne, California, on November 16, 2017.

Tesla rolls out a surprise with big-rig truck: New and faster Roadster for $200,000

The sports car with a removable glass roof is an updated version of Tesla’s first production vehicle.

Tesla Inc upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig's trailer and chief executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.

The showmanship wowed the crowd although some analysts' heads started throbbing at the variety of new projects launched as the company is struggling to produce the more affordable sedan upon which its future depends.

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As the presentation appeared to end, the Tesla Semi opened its trailer, and the Roadster drove out. The sports car with a removable glass roof is an updated version of Tesla's first production vehicle. It can seat four and travel 620 miles (1,000 km) on a single charge, a new record for an electric vehicle, Musk said. It can go from 0 to 60 miles per hour (100 km per hour) in 1.9 seconds with a maximum speed over 250 mph, which would make it the fastest car in general production.

"You'll be able to travel from LA to San Francisco, and back, at highway speed without recharging. The point of doing this is to just give a hardcore smackdown to gasoline cars. Driving a gasoline sports car is going to feel like a steam engine with a side of quiche," Musk boasted.

The first 1,000 cars will cost $250,000 each, paid in full up front, with later models starting at $200,000.

Musk did not give a price for the Semi, or say how or where either product would be built, but he said the truck would begin production in 2019 and that the Roadster would be available a year later.

Projects and products multiply

Musk has described electric trucks as Tesla's next effort to move the economy away from fossil fuels through projects including electric cars, solar roofs and power storage.

Some analysts fear the truck will be an expensive distraction for Tesla, which is burning cash, has never posted an annual profit, and is in self-described "manufacturing hell" starting up production of the $35,000 Model 3 sedan.

"Elon's showmanship remains intact, even as his customers' patience for Model 3 delivery wanes," Karl Brauer, executive publisher of Kelley Blue Book and Autotrader, said by email.

"The specs on the new semi truck and sports car would put both vehicles at the top of their segments...assuming they can be produced and sold as part of a sustainable business plan. So far that final element has eluded Tesla Motors, which makes it difficult to see these vehicles as more than 'what if' concept cars," he added.

Tesla also has to convince the trucking community that it can build an affordable electric big rig with the range and cargo capacity to compete with relatively low-cost, time-tested diesel trucks. The heavy batteries eat into the weight of cargo an electric truck can haul.

Shares of Tesla have risen 46 percent this year to make the company the No. 2 U.S. automaker by market value.

  • First Published Date : 17 Nov 2017, 07:45 PM IST