Tesla shares were up more than 4.5% in U.S. premarket trading on Oct. 16, reaching $378.3, according to market data from BIT (bit.com). SpaceX also rose about 2.5% to $152.3.
The move came alongside product news from Tesla’s Roadster event. The company demonstrated a flying car effect that included short takeoff from the ground and mid-air rolling maneuvers. The vehicle was shown with cold gas thrusters developed in collaboration with SpaceX.
Elon Musk also said production of the Roadster sports car will begin in 2028. The price action and event details were cited by BlockBeats, based on BIT market data.
Tesla rose more than 4.5% in U.S. premarket trading on Oct. 16 to $378.3, according to market data from BIT (bit.com). SpaceX gained about 2.5% to $152.3.
On the news side, Tesla showed a flying car effect at its Roadster launch event, including a brief lift off the ground and rolling in the air. The vehicle uses cold gas thrusters developed with SpaceX. Elon Musk also said Roadster production will start in 2028.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
