Tesla climbs on Roadster refresh, touts rocket-style thrusters

Tesla

16/10/2026 10:59

Updates
**  Tesla's TSLA.O shares rise 5% to $380.3 premarket 
** Co unveils a redesigned Roadster sports car developed with Elon Musk's SpaceX SPCX.O
** Shares of SpaceX gain 2.4% at $152.1 after using SPCX's thrusters for the car
** New model features rocket-style thrusters, set for production in 2028
** New Roadster, which can go from 0-60 mph in under 1 second, is designed to demonstrate Tesla's engineering prowess
** As of last close, stock down 19.4% YTD

(Reporting by Anand Gopal in Bengaluru)
((AnandGopal.R@thomsonreuters.com))