Tesla's crash even with the Roadster flying
While Elon Musk was talking about the dream of building a flying car, Tesla shares were having a difficult time in the US stock market.
While Elon Musk was talking about the dream of building a flying car, Tesla shares were having a difficult time in the US stock market.
According to Ambassador Arjan, the decrease in investors' confidence, concern about the future of electric car sales and economic pressures pushed the shares of this automotive giant down.
On Wednesday, October 14, 2026, Tesla shares reached $367 with a drop of about 2%, and the total weekly decrease was close to 4%. This happened while investors were waiting for the unveiling of the new generation of the Roadster car. The car that Elon Musk promised can even take off the ground, which of course happened.
One of the most important factors of this fall is the concern about the future of Tesla's profitability. Increasing competition from Chinese automakers, pressure on profit margins, and uncertainty about demand for electric vehicles have clouded the company's economic outlook. On the other hand, the publication of higher-than-expected inflation statistics in the United States intensified the concern about interest rate hikes. The same issue triggered a wave of selling in tech stocks and pushed the Nasdaq down nearly 1.9% on Wednesday.
Another problem for Tesla is the gap between ambitious promises and their commercial realization. The Roadster was first introduced in 2017, and after multiple delays, there are still questions about when it will be produced and how profitable it will be. The high valuation of Tesla shares has also increased the sensitivity of investors; Because an important part of this company's value is based on future growth expectations. However, the unveiling of the Roadster on October 15th temporarily turned the page and Tesla shares rose about 4.4% in pre-open trading on October 16th (today), but this issue could be temporary and caused by the excitement of the Roadster unveiling. Wall Street's main question now is: Can Musk's futuristic technologies turn into real profits?
Elon Musk finally presented one of his strangest promises; A flying electric car that can take off from the ground and maneuver in the air with the help of space technology. On October 15, 2026 (last Thursday), Tesla introduced the new generation of the "Roadster" sports car at the SpaceX test facility in Texas; A product that blurs the border between automobile and aerospace technology.
The secret of this technology lies in the use of compressed gas engines. This system, which was developed in collaboration with SpaceX engineers, creates the necessary force to jump and change the position of the car in the air by releasing high-pressure gas from special nozzles. At Tesla's demonstration, the Roadster climbed a curved track, flipped upside down, flipped through the air, and landed on its own thrusters. This car was also able to pass a few other cars with a short jump. Of course, this performance does not mean the ability to fly for a long time like an airplane.
Another amazing feature of the roadster is its incredible acceleration. In its presentation, Tesla claimed that this car can reach a speed of 96 km/h in less than one second from a standstill. A performance that would be considered an exceptional record if independently verified. However, significant challenges remain. The issue of safety of passengers, issuance of legal permits, cost of production and actual application of this technology are considered as important challenges. Elon Musk announced that the production of the new Roadster is planned for 2028. The real question now is, will Tesla revolutionize the future of transportation or is it just a stunning display of engineering prowess?