Tesla (
$TSLA) has released a new teaser for its upcoming Roadster ahead of an Oct. 1 reveal, while Elon Musk says high-volume production of the Tesla Semi is now underway.
The Roadster teaser appears to show a new front light bar and includes the word “Roadster” alongside an “X,” though Tesla has not explained whether that references SpaceX (
$SPCX).
Musk has previously said the next-generation Roadster could use SpaceX-developed cold-gas thrusters, potentially giving the vehicle performance capabilities far beyond a conventional sports car.
At the same time, Tesla announced that high-volume Semi production has begun. Musk described the electric truck as a “sports car in truck form” and said it will have access to Tesla’s Megacharger network.
Tesla also plans to add autonomous-driving capabilities to the Semi in the “very near future,” according to Musk.
The company is targeting annual production of roughly 50,000 Semis at its 1.8 million-square-foot manufacturing facility.
Tesla has already secured major commercial orders, including a 500-unit agreement with Swedish freight technology company Einride, which expects to receive about 75 trucks by the end of 2026.
Morgan Stanley (
$MS) has estimated that the Semi business could add roughly $80 billion to Tesla’s market value under a bull-case scenario.
The updates give Tesla two major product stories at once: the Roadster as a high-performance showcase and the Semi as a potentially large commercial transportation business.