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Investor Suggests Possible SpaceX-Tesla Merger Following Roadster Reveal

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Investor Ross Gerber suggested that Space Exploration Technologies Corp. (NASDAQ:SPCX) could acquire electric vehicle manufacturer Tesla Inc. (NASDAQ:TSLA) within the year. The comments came after the unveiling of the new Tesla Roadster, where Gerber described the vehicle's thruster technology as primarily for show and questioned its potential pricing structure.

The vehicle showcase featured high-performance capability specs, including three distinct trim levels: Performance, Thrust, and Rocket. The top Rocket trim is billed as an invite-only, non-road-legal vehicle capable of flight, while the Thrust trim targets acceleration times under one second for 0 to 60 miles per hour. Gerber raised concerns regarding the commercial viability and price tag of incorporating advanced rocket thruster systems and active aerodynamic features into a production car.

Tesla Inc. plans to offer the Roadster in a single "Ano White" paint finish, with production targeted to begin in 2028. Investors will watch how reservations proceed for the base model, which requires a $50,000 deposit, as well as whether leadership addresses corporate structure comments. Shares of Tesla Inc. dropped 1.29% to $362.40 USD, while Space Exploration Technologies Corp. fell 2.33% to $148.60 USD in recent trading.

Key points

  • Investor Ross Gerber raised the prospect of Space Exploration Technologies Corp. acquiring Tesla Inc. following the Roadster debut.
  • Gerber characterized the Roadster's SpaceX thruster and hovering technology as being mainly for show.
  • The Tesla Roadster will come in three trims, including a non-road-legal Rocket version capable of flight.
  • Tesla requires a $50,000 reservation for the base Performance trim and expects production to start in 2028.

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Questions and answers

When will the new Tesla Roadster go into production?

Tesla plans to begin production of the Roadster sometime in 2028.

What trim options are available for the new Tesla Roadster?

The vehicle will be offered in three trims: the base Performance trim requiring a $50,000 reservation, a limited-run Thrust trim with under 1-second 0 to 60 mph acceleration, and an invite-only Rocket trim designed as a non-road-legal flying vehicle.

What paint color options will be offered for the Tesla Roadster?

The Tesla Roadster will be available in a single paint shade named Ano White.