Tesla Delays Roadster Unveiling to the 15th as Hyundai Debuts New Tucson

Tesla postponed its Roadster unveiling event from the 1st of this month to the 15th due to weather forecasts, according to inews24.com. The previously scheduled event at the 1st of this month was moved to the 15th.

Separately, Hyundai Motor unveiled its new Tucson in New York. The model applies a next-generation hybrid system and the Pleos Connect infotainment system.

Tesla has ended Model S and Model X production at its Fremont plant and is installing a production line for the humanoid robot Optimus. Tesla also began Cybercab production at its Texas plant.

Tesla's third-quarter vehicle deliveries totaled 486,532 units, with Model 3 and Y accounting for 478,237 units, 98.3% of the total. Tesla's second-quarter capital expenditure was 5.789 billion dollars, up 142% year-on-year, with a free cash flow deficit of 1.092 billion dollars.

Hyundai plans to expand global production capacity by 1.27 million units by 2030. Hyundai Motor Group plans to build a system in the US capable of producing 30,000 robots annually by 2028, and Hyundai plans to deploy Atlas for parts arrangement at its Metaplant in Georgia in 2028, expanding to parts assembly from 2030.

Background

The Roadster was announced for production in 2020 when its prototype was unveiled in 2017, but its launch has been repeatedly delayed. Hyundai plans to introduce more than 100 new and facelift models by 2030 and increase global sales to 5.55 million units. Hyundai's second-quarter hybrid sales reached 187,661 units, a quarterly record, but operating profit fell 20.8% year-on-year to 2.85 trillion won.