Could Tesla’s flying car send sales and shares soaring?
Tesla revealed its next-generation Roadster on Thursday in Texas, with one of the three new versions performing a jaw-dropping kickflip and demonstrating flying capabilities. However, analysts contacted by Euronews Business do not expect the model to generate significant revenue.
Tesla CEO Elon Musk demonstrated his company's engineering abilities by unveiling a supercar equipped with cold-gas thrusters, reminiscent of the "Knight Rider" TV show. The demonstration sparked excitement around the brand, briefly boosting Tesla's share price. Analysts view the new model as a "headline-grabbing engineering moment" and a publicity stunt emphasizing Tesla's innovative image, but see limited commercial value.
The flying car feature is not approved for public road use, imposing challenges for wider adoption. While Tesla aims to start production in 2028, the company remains focused on turning expensive technology projects into stronger profits despite high production costs and credibility risks.
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