Tesla held its Annual Shareholder Meeting on Thursday, in which the highly controversial CEO compensation package was approved by over 75% of the shareholders.
The company also revealed details about upcoming product launches, namely its second-generation Roadster model, which was first announced nearly a decade ago.
At Thursday’s event, CEO Elon Musk announced that the demo event will take place in April 2026.
“So, we’re aiming for (…) April 1 of next year,” the chief executive noted, adding in a jokingly manner, “I have some deniability because, like, I could say I was just kidding.”
Musk said Tesla is “actually tentatively aiming for April 1, for what I think will be the most exciting, whether it works or not, demo ever of any product.”
Production Timeline
According to Elon Musk, production of the Roadster is now set to begin in mid-to-late 2027.
“I guess production is probably about, you know, 12 to 18 months after that,” he said, referring to the demo event, reiterating a timeline of “probably a year or so after that.”
Last month, Tesla‘s Chief Designer Franz von Holzhausen reaffirmed that the Roadster unveil event is still on track to take place this year.
The executive stated that the model will be available “within two years” from now.
Then, just a week later, a new job listing confirmed that preparations are underway, with the company looking for a Manufacturing Engineer for the Roadster.
April 2026 is shaping up to be a busy month for Tesla, as the CEO also announced that Cybercab production is scheduled to begin then.
Musk Promises
The first generation of the Roaster, Tesla‘s first production vehicle, was launched in 2008 and sold until 2012.
Five years later, as the Roadster neared its ten-year anniversary, Tesla announced plans for a second-generation model. Its been eight years since then.
In February 2024, Musk had written on X that the company had “radically increased the design goals for the new Tesla Roadster. There will never be another car like this, if you could even call it a car,” he wrote.
Last week, in a new episode of the ‘The Joe Rogan Experience’ in which the Tesla CEO participated, he said that the company might be considering a flying model.
“Well, you know, my friend Peter Thiel [PayPal, Palantir] once reflected that the future was supposed to have flying cars, but we don’t have flying cars,” Musk teased.
He added that “if Peter wants a flying car, he should be able to buy one.”
The chief executive confirmed the new Roadster would differ significantly from previous prototypes Tesla has publicly displayed — an ideia he also reaffirmed on the latest event.
