Tesla to release an “unexpected” new product October 17

Tesla to release an “unexpected” new product October 17


According to CEO and founder Elon Musk, Tesla will unveil a new product on Monday, October 17. The news was announced via Twitter and stated that it will be “unexpected by most.”

Musk previously teased the October 28 event, saying it would include the unveiling of joint products from both the electric car and the solar energy companies, including a solar roof, along with an integrated second generation of the Tesla Powerwall energy storage solution, and a Tesla EV charger.

New information from Musk hints toward several possibilities which include a new vehicle (perhaps a Roadster 2.0 launch), or improvements to its autonomous driving features. The company recently launched its Autopilot 8.0 update, but Musk had suggested earlier in the year that the company is making progress on self-driving tech at a pace that might surprise most.

Following his tweet about the upcoming events, Musk also said that neither Tesla nor SolarCity will need to raise either additional equity or corporate debut in the fourth quarter, as some observers had suggested it might. It’s another sign that these events are likely designed at least in part to reassure investors that Musk’s proposed merger of the two companies is actually in the best interests of both.