Tesla's Original Roadster: Price, Specs and Range of the Vehicle That Sparked the Electric Revolution

By Kevin Armstrong
Tesla released the original Tesla Roadster in 2008
Tesla released the original Tesla Roadster in 2008
Alexandre Prévot from Nancy

In 2008, Tesla Motors, now known as Tesla, Inc., introduced the world to the first high-performance electric vehicle, the Tesla Roadster. Launched when gas-guzzling cars ruled the roads, the Roadster represented a paradigm shift in the automotive industry. Let's look back at the Roadster's origins, development, and impact on the automotive world.

Birth of a Legend — The Roadster's Timeline

In 2004, Tesla Motors was created by engineers Martin Eberhard and Marc Tarpenning with the goal of revolutionizing the automotive industry. Elon Musk joined the company as its chairman and lead investor and is considered one of the founders of the company. The company's first project aimed to develop an electric sports car, and in 2006, the prototype of the Tesla Roadster was revealed. Production began in 2008, with the first Roadster delivered to Musk in February of that year.

The Roadster was an important milestone for Tesla because it was the company's first production vehicle. Before the Roadster, Tesla had only produced a prototype electric vehicle, which was used to generate interest and secure funding for the company.

Musk's Vision in Quotes

Musk, the 2021 Time Person of the Year, had high hopes for the Roadster. In a 2008 press release, Elon Musk stated. "The delivery of the first production Tesla Roadster marks a great historical milestone along the way to Tesla becoming one of the great car companies of the 21st century. The Roadster now in production is just the first of a series of models from Tesla, soon to be followed by our 4 door sports sedan. Eventually, Tesla Motors will offer a full line of electric vehicles, leading the way in the changeover from gasoline cars to an electric future."

In an interview with The Telegraph in 2012, Elon Musk explained, "With the Roadster, we wanted to create a product that would break the mould and convince people that an electric car could be cool, sexy, and fast."

In a 2008 interview with the New York Times, Musk said, "The goal of Tesla is to accelerate the advent of sustainable transport. If we could have done that with the first version of the Roadster, we would have. But we can't." (Source: The New York Times, Nov. 2, 2008)

The interior of the original Roadster features two screens
The interior of the original Roadster features two screens
Tesla

During a presentation at the Cleantech Forum in San Francisco in 2008, Elon Musk stated, "I think the Roadster has had a significant catalytic impact on the industry. And the intent with the Roadster was to change the image of electric vehicles."

In a 2011 interview with Autocar, Musk talked about the Roadster's production: "The Roadster has been a great success, proving that we could make an electric car with the range and performance of a petrol sports car, but we always knew it was a stepping stone to producing more affordable, mainstream cars."

Musk also saw the Roadster as a way to pave the way for Tesla's future vehicles. But, he said, "The Roadster is not our end game; it's just the beginning. We want to use the technology we've developed for the Roadster to create more affordable electric vehicles that can be used by the masses."

The Lotus Connection — The Roadster's Foundation

The Tesla Roadster was based on the Lotus Elise, a lightweight, two-seat sports car from the British automaker Lotus. Tesla Motors collaborated with Lotus to develop the Roadster, leveraging the expertise of the established automaker. The Roadster borrowed the Elise's chassis, but its drivetrain, battery system, and body were unique to the electric vehicle. The final product was a marriage of cutting-edge electric vehicle technology and the timeless appeal of the sports car.

The Tesla Roadster has also left a mark on popular culture with its appearances in various films and television shows. For instance, the Roadster made a cameo appearance in the 2010 film "Iron Man 2," which was driven by Tony Stark, played by Robert Downey Jr. This appearance further solidified the car's status as a symbol of cutting-edge technology and sustainable luxury. Musk also appeared briefly in the Marvel movie.

Unrivaled Performance — 0 to 60, Top Speed and Range

The 2008 Tesla Roadster boasted impressive specs for an electric vehicle at that time. Equipped with a 53 kWh lithium-ion battery pack, the Roadster's max speed was 125 mph, with a range of 245 miles on a single charge.

The electric motor produced 248 horsepower and 200 lb-ft of torque, enabling the car to reach 0-60 mph in just 3.7 or 3.9 seconds, depending on the model. These performance figures were a testament to the capabilities of electric powertrains, showcasing that electric vehicles could be both efficient and exciting.

Original Roadster Price

When released, the Tesla Roadster carried a base price of $98,950, positioning it firmly within the luxury sports car market. Later versions sold for $120,000. Despite the high price tag, the Roadster was embraced by enthusiasts who recognized its significance in ushering in the electric vehicle era.

A Journey Beyond Earth — The Roadster in Space

In February 2018, Elon Musk's SpaceX launched the Falcon Heavy rocket on its maiden voyage with a unique payload onboard: Musk's personal Tesla Roadster. The car was sent into space as a symbol of human innovation and a nod to the powerful synergy between Tesla and SpaceX.

The Roadster, with a mannequin named "Starman" in the driver's seat, and the stereo system played David Bowie's "Space Oddity" on repeat, was placed into a heliocentric orbit around the sun. The vehicle now serves as a symbol of the limitless potential of human ingenuity and the boundless ambition that has driven the advancement of electric cars and space exploration.

The Roadster's Lasting Impact

Roadster was not without its challenges, however. The first models had issues with overheating and battery life, which required Tesla to make some adjustments and updates. In addition, Tesla faced problems with the car's transmission resulting in several recalls and updates.

In 2010, Tesla announced a battery upgrade program allowing Roadster owners to upgrade their battery packs to a newer and more efficient design.

Despite these challenges, the Roadster remained a popular vehicle among Tesla enthusiasts. As a result, the company produced approximately 2,450 Roadsters between 2008 and 2012, most of which were sold in the United States.

The 2008 Tesla Roadster began a new era in the automotive industry. It shattered the prevailing perception that electric vehicles were slow and unexciting, proving that they could compete with their gasoline-powered counterparts in terms of performance and driving experience. Moreover, the Roadster laid the groundwork for Tesla's subsequent models, which have continuously pushed the boundaries of electric vehicle technology.

A New Generation of the Roadster

In 2017, Tesla unveiled a new version of the Roadster, which promises to be faster and more powerful than its predecessor. The upcoming Roadster, boasting a top speed of over 250 mph and a range of 620 miles, aims to solidify Tesla's position as a leader in electric vehicle technology.

As a result of the Roadster's success, other automakers began to take notice and invest in electric vehicle research and development. Today, almost every major automaker has an electric vehicle in their lineup, and the market continues to grow at an unprecedented pace. In addition, governments worldwide are setting ambitious targets for adopting electric vehicles, and charging infrastructure has expanded rapidly to accommodate the increasing demand.

Tesla Roadster demonstrated the potential of electric powertrains to deliver impressive performance, efficiency, and environmental benefits. The Roadster's legacy inspires new generations of electric vehicles, pushing the industry toward a cleaner, more sustainable future. Although the Roadster is no longer in production, its legacy lives on in the current generation of Tesla vehicles and the company's commitment to pushing the boundaries of what is possible in the world of electric cars.

Tesla Announces FSD Transfers Will Return for One More Quarter; More FSD Trials Coming

By Karan Singh
Not a Tesla App

During Tesla’s shareholder meeting, Elon Musk was asked if FSD transfers could return for existing owners. He hemmed and hawed, but eventually gave in when an audience member asked if they could return for just one more quarter.

Final Chance?

This could be the last chance for FSD owners to transfer their FSD capability to a new vehicle. Elon Musk mentioned that it removes revenue from upcoming vehicle sales. Every time Tesla offers FSD transfers, it impacts Tesla’s potential earnings.

On the flip side, it does incentivize current owners to upgrade to newer vehicles, especially if it’s a limited-time offer. Tesla previously offered FSD transfers in Q3 of 2023. FSD transfers are expected to be limited to North America where FSD software is currently available.

When Will Tesla Offer FSD Transfers

Musk nor Tesla mentioned a timeline for when FSD transfers would begin. Tesla owners looking to upgrade their vehicles would likely wait for this offer to be available before buying their new Tesla. Since this would reduce some vehicle sales, it seems that Tesla wouldn’t want to wait too long before making FSD transfers available again.

FSD Transfers in the Future

While Elon Musk didn’t seem to be too enthused with the idea of continuing transfers but gave in to “just one more quarter”, there could be more down the road.

Musk has said that Tesla has various demand “levers” they can use to increase or slow demand as needed. FSD transfers and Tesla’s referral program are prime examples of those levers. Although Musk says Tesla will only offer FSD transfers one more time, Tesla won’t hesitate to offer it again if they need to increase sales. Tesla faced this situation when the new Model 3 was unveiled in China, but it took several months for it to be offered in North America.

Additional FSD Trials

Elon Musk confirmed that two free weeks of FSD would be given to all vehicle owners whenever a major FSD update hits. We don’t expect another trial of FSD with the upcoming update of v12.4, but perhaps with v12.5 or 12.6, especially if Tesla adds new features such as ‘Actually Smart Summon,’ which will be the first time Smart Summon is available on a vehicle without ultrasonic sensors.

With Tesla’s app update to v4.34 yesterday, it appears that Tesla may be looking to offer a live video feed of the vehicle’s various cameras while you’re summoning your Tesla.

Tesla Talks Robotaxi Details, Hardware 5.0 and More - Complete Shareholder Meeting Recap and Notes

By Karan Singh
Not a Tesla App

Did you miss the Shareholder Meeting? Want to know what Elon Musk said?

We’ve got an easy-to-read recap for you below, split by sections. We’ll be writing more in-depth about many of these topics over the upcoming days as we unpack all the awesome news!

Robotaxi

  • Fleet monetization planning is ongoing.

  • Owners will be able to send their cars to the Robotaxi fleet and summon them back when they need them.

  • Tesla will take a margin, but most of the income will go to owners.

  • Tesla has plans to solve driverless interventions in the future, but expects them to be edge cases of edge cases.

FSD

  • Headed towards Unsupervised FSD!

  • New subversions are essentially new full versions; 12.4 and 12.5 are massive updates.

  • Expect a 2-5x increase in performance between versions.

  • Major versions will include a 2-week free trial.

  • 10 thousand miles between interventions for some internal builds.

  • Hardware 4 training will begin later this year, Hardware 3 will continue to be developed.

  • Hardware 5 is 18 months from retail release.

Optimus

  • Optimus will be able to do many simple and difficult tasks:

    • Teaching

    • Companionship

    • Babysitting

    • Factory Work

  • Tesla expects 2 humanoid robots per person in the future.

  • Tesla expects 1000-2000 robots working in its factories by next year, with a limited production run.

  • 22 degrees of freedom in the next generation hand, one new major hardware revision coming this year.

Cybertruck

  • China and Europe-compliant Cybertruck coming after production is scaled and costs are reduced.

  • Foundation series ending soon, non-foundation series starting next quarter.

Semi

  • Semi is in low-volume production, high-volume production starting soon.

  • Companies are actively choosing Semi due to economic advantages.

  • Massive potential impact on carbon emissions

  • Big impact on the profitability.

Other New Products

  • New products are coming soon, and Tesla is working hard on them.

  • Possible 12-passenger van, added to the “To-do” list.

Supercharger

  • 58K global sites, and continuing to grow.

  • More superchargers deployed this year than the rest of the industry combined.

  • Tesla is providing adapters to other car companies and providing them with support for Supercharger access.

  • Tesla is moving to fill gaps and relieve congestion where possible.

Battery Production and Stationary Storage

  • New 4680 innovations, best cell from a manufacturing and efficiency standpoint.

  • 4680 will be a continuing focus to improve over time.

  • Tesla has made their battery supply chain stronger and is working on further vertical integration.

  • 2023 had 15GWh of Megapack production, 2024 is looking closer to 40GWh.

  • 100-200% growth rate in the energy storage market.

  • Tesla is constrained by Megapack and Powerwall 3 production, can’t keep up with demand, even as they scale rapidly.

AI and Compute

  • AI growth is on a weekly basis, with Tesla taking in video and training on decision-making faster than ever.

  • Tesla is not compute-limited for FSD, but scenario-limited.

  • There is an AWS-style opportunity for parked vehicles to run distributed inference and compute.

  • Tesla intends to introduce LLMs with customizable learning personalities to Optimus and its vehicle lineup.

Investor Facts

  • Elon Musk expects $5-10 Trillion valuation for autonomy, and $20 Trillion for Optimus.

  • Musk mentioned that Ark Invest has the closest scenario – with Robotaxi releasing in 2025 or 2026, for a 110x valuation increase.

  • Elon’s stock award isn’t cash, and he has no intent to cut-and-run and is with Tesla for the long haul to accomplish the mission.

Other Items

  • Tesla Home HVAC, with a built-in HEPA filter, humidity control, super-efficient, super-quiet, with Powerwall integration – one day.

  • Kids Factory Tour Event – for children under 12!

If you’d like to watch the shareholder meeting, you can view it here, along with all the stockholder vote results.

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