BharatBriefly
Read less. Ask more.

Intelligent News Feed

Loading…

Tesla Roadster 2 Prepares for Deliveries Amid Shifting EV Market

· Automobile · Wired, Bloomberg

Tesla is scheduled to start deliveries of the long-delayed Roadster 2 next year, nearly nine years after CEO Elon Musk first announced the sports car in 2017. When the vehicle was first unveiled, electric vehicles were niche products, but the market has since expanded with US customers now having nearly 90 EV models to choose from compared to 15 in 2017. At the same time, federal support has shifted as the Trump administration reversed course on powertrain policies and trimmed buying incentives. Tesla CEO Elon Musk has increasingly focused the company on robotics and autonomy rather than traditional car manufacturing. Meanwhile, several luxury automakers including Porsche and Ferrari continue to develop gasoline engines while others have scaled back their electric vehicle plans.

Why it matters

The delayed arrival of the Roadster 2 highlights a broader contraction in the US electric vehicle market as traditional automakers rethink battery-powered lineups.

Read the original report — Wired

Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.