Joe Rogan just got into it with Producer Jamie and veteran Bill Thompson about whether or not Elon Musk’s new $250,000 flying Tesla Roadster is fake and questions how a car that can leap over traffic could ever be street legal:
ROGAN: “There's a lot of people that paid $250,000 for the Roadster in 2017. I know a guy who did that.”
JAMIE: “Some people think the stuff about the Roadster online is not real.”
ROGAN: “It's 100% real. My friend was there.”
CONTEXT: On October 15, Tesla actually demonstrated a redesigned Roadster at a SpaceX facility in Texas.
And this wasn't just another computer-generated concept.
The prototype used SpaceX-developed compressed-gas thrusters to launch into the air, rotate, and land.
It jumped over other vehicles.
It even demonstrated driving UPSIDE DOWN using a suction system.
Tesla says the vehicle can accelerate from 0–60 MPH in UNDER ONE SECOND.
Those acceleration figures are company claims, not independent performance certification.
And the aerial maneuvers were performed WITHOUT ANYBODY INSIDE THE CAR for safety reasons.
But here's where things get interesting.
Rogan immediately asks the question millions of people are probably wondering:
HOW COULD THIS POSSIBLY BE STREET-LEGAL?
And Elon Musk doesn't exactly have a reassuring answer.
At the unveiling, Musk acknowledged that he wasn't certain the Roadster would be legal in every jurisdiction.
When asked about street legality, he responded:
“Depends on your street.”
And there's an important distinction Tesla's promotional spectacle makes easy to miss.
The company is advertising THREE DIFFERENT ROADSTER VERSIONS:
PERFORMANCE: which is a road-oriented version with a $50,000 reservation deposit.
THRUST: A more extreme version with acceleration thrusters and a $250,000 reservation deposit.
ROCKET: An invitation-only, single-seat version with a full flight system.
And that last version?
Tesla itself says the Rocket is NOT APPROVED FOR PUBLIC ROAD USE.
In other words, the version capable of the most spectacular airborne stunts isn't currently something you can legally take onto a public street.
And the $250,000 deposit for the Thrust version doesn't automatically buy you the full flying Rocket variant shown in the demonstration.
But the biggest surprise might be what's happened to customers who started this journey in 2017.
When Tesla originally unveiled the next-generation Roadster, it promised:
0–60 MPH in 1.9 seconds.
Approximately 620 MILES of range.
Production beginning in 2020.
Tesla began accepting reservations immediately.
Standard customers could put down $50,000.
Buyers seeking the original Founders Series could pay the entire $250,000 upfront.
That was NINE YEARS AGO.
And the Roadster still hasn't reached production.
Now Musk says production will begin in 2028.
If that happens, it will be ELEVEN YEARS after customers first started reserving the car.
But here's an overlooked detail.
The new Roadster Tesla is showcasing is radically different from the vehicle those early customers originally reserved.
The old design promised approximately 620 miles of range.
The redesigned vehicle is now being advertised with a range of OVER 300 MILES.
That's less than half the original headline range figure.
It's become dramatically more extreme in its acceleration and aerial capabilities, while giving up much of the range originally promised.
And the financial fine print is fascinating.
Tesla's Roadster reservation agreement says:
The final purchase price has not been established.
A reservation does not constitute an actual vehicle purchase.
IMPORTANT NOTES: Tesla cannot guarantee when the vehicle will be delivered.
And the company does NOT hold reservation funds separately in escrow or pay interest on them.
Reservations are refundable under the agreement's terms, but imagine the opportunity cost for someone who tied up $250,000 back in 2017.
9 years without receiving the car.
9 years with no interest.