The base model--without thrusters or the flight system--will likely cost several times that amount to buy. "I'm going to do everything in my power to get the flying one," says one customer. In mid-October, CEO Elon Musk sort of made good on a long-standing promise: Tesla's new second-gen Roadster flew through the air . Technically, the vehicle used compressed air to "thrust" itself --the "flying" lasted mere seconds, and the system takes six to seven hours to refill . Never mind, though--some buyers were eager to unsheath their credit cards to reserve one of the cars. "I was freaking out," says Alex Lawrence, the owner of used-electric-vehicle dealership EVAuto, who already had one reservation for a second-gen Roadster and watched the demonstration live online.

Safety Net Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Creator Playbook Trending Now Mashable Selects Look Up Getting Technical with Mashable Gift Ideas For Everyone On Your List Say More Versus In My Bag Mashable @Home All Series The company has stated that customers' deposits will be refunded. Amanda Yeo is an Assistant Editor at Mashable, covering entertainment, culture, tech, science, and social good. Based in Australia, she writes about everything from video games and K-pop to movies and gadgets. Tesla's Cybertruck will no longer be released in Australia and New Zealand. The company announced its cancellation in these regions in an email to customers on Friday.

Things to Do in L.A. Tap to enable a layout that focuses on the article. SpaceX and Tesla, both led by Elon Musk, may combine in a historic merger. See more from the L.A. Times in Google Search. Elon Musk says SpaceX and Tesla are considering a tie-up that could become the largest corporate merger ever, bringing rockets, electric vehicles and artificial intelligence under one roof. The goal would be to combine SpaceX's computing, as well as Starlink and AI capabilities with Tesla's robotaxis, autonomous-driving plans and robots.

Tesla's spending has again fallen short of Wall Street expectations, clouding Elon Musk's plan to transform the maker of electric vehicles into an artificial intelligence and robotics company. Capital expenditures totaled $4.73 billion in the third quarter, Tesla said Wednesday in a statement. Analysts had expected $7.95 billion on average according to estimates. On the company's call with analysts, Chief Financial Officer Vaibhav Taneja said Tesla was cutting its 2026 capital expenditure target to $20 billion, down from more than $25 billion it had previously projected. Tesla invested $8.3 billion over the first six months of the year. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

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Get ready for a Tesla megamerger with SpaceX. This gift link is valid through . There was an error with your gift link. Become a member to share 10 free articles a month. This gift link is valid through .

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG . Here's some tips on how to organize photos with keywords on your phone Apple wants to move into your home. Man posing as NFL player accused of conning women out of $1.3M A scammer has your name, phone number and address.

Trending Now Say More Look Up In My Bag Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable @Home Mashable Selects Top creators, ranked Gift Ideas For Everyone On Your List Creator Playbook AI at School Safety Net All Series Our favorite is the kickflip. Stan is a Senior Editor at Mashable, where he has worked since 2007. He's got more battery-powered gadgets and band t-shirts than you. He writes about the next groundbreaking thing. Typically, this is a phone, a coin, or a car.

Trending Now Say More Look Up In My Bag Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable @Home Mashable Selects Top creators, ranked Gift Ideas For Everyone On Your List Creator Playbook AI at School Safety Net All Series Despite the pre-announcements from Musk, we did not expect this. Stan is a Senior Editor at Mashable, where he has worked since 2007. He's got more battery-powered gadgets and band t-shirts than you. He writes about the next groundbreaking thing. Typically, this is a phone, a coin, or a car.

The automaker unveiled its next luxury sports car at an event in Texas. It has thrusters on it that can send it airborne. On Thursday night, Tesla and CEO Elon Musk unveiled what's been billed as the company's last human-driven car. Maybe human-piloted is a more accurate way to say it. At a demonstration event McGregor, Texas--at SpaceX's rocket development and testing facility--the new car did what Musk has long promised.