Elon Musk pushed back the launch of the Tesla Roadster. Again.
Elon Musk again pushed back the launch of the long-delayed Tesla Roadster, saying on Tesla's Q1 earnings call that an unveiling might happen "in a month or so" but that extensive testing and validation are needed. Musk downplayed the model's revenue impact, calling it "very cool" but not a major sales driver. Separately, Tesla reported a Q1 revenue beat — a 16% year-over-year increase — and signaled a large planned rise in capital expenditures. TSLA stock briefly rallied about 4% in after-hours trading after the results but later returned to near the prior close. Overall, the Roadster delay is a product-launch timing risk with limited near-term revenue implications, while the earnings beat underpins the stock's broader demand recovery.