11:39:13 EDT Mon 19 Oct 2026
Enter Symbol
or Name
USA
CA



Tesla CDR (CAD Hedged)
Symbol TSLA
Shares Issued 26,550,000
Close 2026-10-16 C$ 30.64
Market Cap C$ 813,492,000
Recent Sedar+ Documents

Globe/wire say Tesla wows with Rocket Roadster reveal

2026-10-19 08:03 ET - In the News

The Globe and Mail reports in its Saturday edition that Tesla unveiled a redesigned Roadster powered with rocket-style thrusters on Thursday and said it would start production in 2028. A Reuters dispatch to The Globe says the white two-seater vehicle, developed in collaboration with chief executive officer Elon Musk's rocket company SpaceX, drove upside down on a ramp using a suction system, turned in the air and landed using built-in thrusters. Later in the event it used the thrusters to jump over a truck and other vehicles, twisting in the air during the manoeuvre. Some watchers saw the collaboration as Mr. Musk drumming up interest in a merger of the two big companies he controls, an idea he has explored by discussing their overlap. The reveal gives Tesla a showpiece car after years of missed Roadster deadlines, but it comes as the company shifts its focus to self-driving technology and robotics. "It was an engineering flex with no commercial value beyond embarrassing traditional car makers," Gene Munster, managing partner at Tesla investor Deepwater Asset Management, said on X. The "Rocket" variant of the Roadster, which Tesla says is "invite only," is described as a single-seat model with a "full flight system."

© 2026 Canjex Publishing Ltd. All rights reserved.