Piper Sandler lowers Arbor Realty Trust stock price target on credit issues
Investing.com -- Tesla CEO Elon Musk suggested the company might unveil a flying car before the end of 2025 during a podcast with Joe Rogan released Friday.
When asked about updates on the long-delayed new Tesla Roadster sports car, Musk indicated Tesla was nearing the demonstration of a prototype.
"Well you know my friend Peter Thiel once reflected that the future was supposed to have flying cars but we don’t have flying cars," Musk said. When pressed further, he added, "I think if Peter wants a flying car we should be able to buy one."
Musk described the upcoming vehicle as having "some crazy technology" and promised its unveiling would be "unforgettable." He compared the car’s features by saying, "If you took all the James Bond cars and combined them, it’s crazier than that."
Tesla produced the original Roadster from 2008 to 2012 before shifting focus to other models. The new version was initially scheduled to begin production in 2020 but has faced multiple delays.
Commenting on the delay, Musk said we "need to make sure it works," and he mused, "is it even a car?"
"We’re getting close to demonstrating the prototype. One thing I can guarantee is that this product demo will be unforgettable," Musk stated. "...It has a shot at being the most memorable product unveil ever."