• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 4 hours China's Blueprint For Global Power
  • 5 mins Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 1 hour IMO 2020:
  • 1 hour World Stocks Drop And Futures Tread Water After China Reports Worst GDP Growth In 30 Years
  • 9 hours ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 9 hours National Geographic Warns Billions Face Shortages Of Food And Clean Water Over Next 30 Years
  • 6 hours Why did Aramco Delay IPO again ? It's Not Always What It Seems.
  • 2 hours Deepwater GOM Project Claims Industry First
  • 9 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 3 hours Brexit agreement
  • 11 hours Why don't the other GOP candidates get mention?
  • 11 hours Bloomberg: shale slowing. Third wave of shale coming.
Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

Tesla’s Surprise Unveiling Reveals Fastest Production Car Ever

While all EV enthusiast and investor eyes were focused on Tesla’s Semi-truck unveiling last night, the EV maker shocked the crowed with a bonus at the end of the ceremony, presenting the new Tesla Roadster that Elon Musk says “will be the fastest production car ever made, period.”

The Tesla Roadster sports car will be capable of accelerating 0-60 mph in 1.9 seconds, the first time a car has broken below the 2-second mark, Musk told the crowd at the event. The 0-100 mph acceleration is also a record—4.2 seconds achieved with the prototype, Musk said. He didn’t say what the top speed would be, but did say that it would be above 250 mph.

The 200kWh battery pack (twice the capacity of Model S) will support a 620-mile range in a single charge, or over 1,000 kilometers—the first time a production EV will have a more than 1,000 kilometers range in a single charge at highway speed, Musk said.

“The point of doing this is to just give a hardcore smackdown to gasoline cars,” Tesla’s chief said.

The car will be available in 2020, he added.

The base price for the new sleek Roadster is $200,000. For the Founders Series, customers will pay a $50,000 premium. If you want to hold your place in line, Tesla is taking reservations.

Tesla’s Semi truck and revamped Roadster unveils come at a time in which the EV maker is struggling to ramp up production for its Model 3 mass-market car whose deliveries have been lagging behind both Tesla’s projections and market expectations. Musk himself has described manufacturing bottlenecks for the Model 3 as ‘production hell’. Related: Norway’s $1 Trillion Wealth Fund Looks To Dump Oil & Gas Stocks

“Elon’s showmanship remains intact, even as his customers’ patience for Model 3 delivery wanes,” Karl Brauer, executive publisher of Kelley Blue Book and Autotrader, told CNBC.

“The specs on the new semi truck and sports car would put both vehicles at the top of their segments...assuming they can be produced and sold as part of a sustainable business plan. So far that final element has eluded Tesla Motors, which makes it difficult to see these vehicles as more than ‘what if’ concept cars,” Brauer noted.

After the Thursday show, shares in Tesla (NASDAQ:TSLA) were soaring more than 4 percent in pre-market trade on NASDAQ at 9:27 a.m. EST on Friday.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play