Tesla plans flying car demonstration to boost auto business

Tesla: Tesla develops and manufactures electric vehicles along with energy generation and storage products. The company is preparing an October 15 demonstration of its next-generation Roadster in Texas that may showcase hovering capabilities using SpaceX cold-gas thrusters. This event is positioned to draw attention to Tesla's automotive lineup during a period of softer demand for its ground-based vehicles. Roadster Reveal: Tesla has scheduled an outdoor livestream demonstration of the next-generation Roadster for October 15 in Texas, featuring a remote-controlled prototype potentially equipped with SpaceX thrusters for a short hover. Product Strategy: The Roadster showcase revives a high-end model absent from production for over a decade and adds a performance-oriented offering alongside Tesla's primary consumer vehicle lineup.