Tesla CEO Elon Musk hinted at a groundbreaking demonstration of the next-generation Roadster during a recent appearance on the Joe Rogan Experience podcast. He described the vehicle as featuring 'crazy technology' that could enable it to fly, referencing Peter Thiel's vision of flying cars. The demo is expected before the end of 2025, though production timelines remain uncertain.
On October 31, 2025, Elon Musk joined Joe Rogan for a three-hour podcast episode where Tesla topics took center stage briefly. After discussing the Cybertruck, Rogan inquired about the long-delayed next-generation Roadster. Musk confirmed Tesla is 'getting close to demonstrating the prototype' and guaranteed the event would be 'unforgettable,' potentially the 'most memorable product unveil ever.'
Musk teased the vehicle's capabilities, stating, 'My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. If Peter wants a flying car we should be able to buy one.' When pressed on whether it would actually fly, he replied that listeners would have to 'wait and see.' He added, 'This is some crazy, crazy technology we got in this car... It’s crazier than anything James Bond. If you took all the James Bond cars and combined them, it’s crazier than that.' Musk emphasized, 'Is it even a car? It looks like a car.'
The original Tesla Roadster, the company's first vehicle, was produced from 2008 to 2012. The next-generation model was unveiled in 2017 with a planned 2020 production start, but delays have pushed it back annually. In 2017, Musk discussed a 'SpaceX package' with cold-gas thrusters for hovering or flying. Recently, Tesla filed a patent for a fan system in the side skirts to generate downforce or enable hovering. Earlier in 2025, Musk mentioned hiring for a 'Roadster battery' and reiterated demo plans.
Musk's comments sparked a surge in Tesla shares on October 31. Analysts maintain a Hold rating on TSLA stock with an average price target of $395.54, implying 12.5% downside. While the demo aims to showcase innovative features, questions persist about market readiness, production volume, and pricing.