Elon Musk Announces SpaceX Upgrade Package for New Tesla Roadster (TSLA)

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Tesla CEO Elon Musk Announces SpaceX Upgrade Package for Roadster at Annual Shareholder Meeting

Tesla CEO Elon Musk announced at the company’s annual shareholder meeting that the upcoming Roadster sports car will have a SpaceX upgrade package available. While Musk did not provide specific details on what the package will include, he hinted back in November that it could potentially allow the Roadster to “fly short hops.”

This news comes as a surprise to many, as it suggests that the Roadster could incorporate rocket technology from SpaceX, a space exploration company also led by Musk. SpaceX is known for its innovative rockets that have been used for various missions, including carrying satellites into space and transporting supplies to the International Space Station.

Musk sees the Roadster as an opportunity to showcase the capabilities of electric cars and prove that they can outperform traditional gasoline-powered vehicles. By offering a SpaceX upgrade package, Tesla aims to demonstrate the potential of electric vehicles in terms of performance and technology.

The new Roadster, unveiled in November, boasts impressive specs such as accelerating from 0-60 mph in 1.9 seconds, reaching a top speed of 250 mph, and driving 620 miles per charge. With a starting price of $200,000, the Roadster is set to hit the market in 2020.

This collaboration between Tesla and SpaceX highlights the synergy between the two companies, with employees from both sides occasionally sharing ideas and expertise. The integration of rocket technology into a high-performance electric sports car represents a bold step towards pushing the boundaries of innovation in the automotive industry.