A Tesla Model Y car is on display inside a new Tesla car showroom in Mumbai, India, in July. Some Elon Musk teasers on X seem to announce a new vehicle for Tuesday. File Photo by Divyakant Solanki/EPA
Oct. 6 (UPI) — Tesla CEO Elon Musk made two posts on X that appear to tease a new car or relaunch of an existing car for “10/7.”
Because of the teasers, Tesla stock rose by 4.72%, on pace for its largest one-day percentage gain in a little over a week, MarketWatch said.
Theories about what the teasers mean include that it could be the next-generation Roadster that Musk has been touting for years, or that Tesla is going to release a mass-market model.
Musk teased the next-gen Roadster in 2017 and 2018. He has since hyped the vehicle repeatedly and, in September, said on X that “the new Roadster is something special beyond a car.” He didn’t elaborate.
Tesla has been saying a cheaper mass-market car will be released this year. But Musk has said this lower-cost vehicle will be a stripped down Model Y, NBC reported.
While Tesla stock has risen recently, it took a hit earlier this year when Musk began his moves into politics, which soured some on Tesla.
In mid-September, Musk invested about $1 billion into Tesla, which made the market jump by about $30 per share.