Posted 2/29/2024, 1:22:38 PM
Tesla Roadster Revamp Coming as Musk Hypes Sub-1 Second 0-60 Time Despite Demand Concerns
- Musk building hype around revamped Roadster model, signaling new version of Tesla's first car is on the way
- Musk said Roadster can accelerate to 60 mph in under 1 second
- WSJ reports Tesla could start shipping Roadster next year
- Tesla facing slowdown in demand due to high interest rates and competition, especially in China
- Analysts see limited upside for TSLA stock over next 12 months, average price target implies 8% upside