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In an interview with Don Lemon, Tesla CEO Elon Musk teased the possibility of creating a flying car in conjunction with SpaceX. The roadster model was discussed in the full interview, posted on Don Lemon's personal account, after it was revealed that Musk would not move forward with a content partnership with the former CNN personality.
Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for Tesla and Musk.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino
Video Transcript
BRAD SMITH: Elon Musk teasing details about a possible flying car in the works at Tesla in combination with SpaceX, his other company, in a new interview with former CNN anchor Don Lemon. Musk telling Lemon, a new model of the Roadster will be a collaboration between Tesla and SpaceX. And we can expect quote "some rocket stuff" there. The interview went up this morning on Don Lemon's personal page after Musk revealed he will not proceed with a content partnership with Lemon that included posting three 30-minute episodes a week led by the journalist here.
Also noteworthy, because the Roadster is such a small percent of the potential sales for Tesla, he also made comments about the Cybertruck, talking about one million reservations, also said that this might be the most influential vehicle that we see in a 10-year time span. And so ultimately, that tells you exactly how much they're going to continue to lean into this Cybertruck.
And it's right to do so, it's just a matter of at what pricing too because that's going to be critical for a market where we've already seen Ford lead in pickup trucks for decades at this point. So the truck space is right for Tesla to get into, just at a matter of what pricing and if they can deliver upon some of the lofty expectations they've put out there.
SEANA SMITH: Yeah, exactly. And he also went on to say he called it the best product that they have a special product like you said it only comes out once a decade. There have been so much interest in the Cybertruck, exactly the orders that you just mentioned, a million orders there, for the Cybertruck, what exactly that translates into actual purchases and then also beyond the initial excitement because so many people have been waiting so long on the Cybertruck, whether or not sales hold up and are also able to build then in the coming years. That's a huge question for investors.
And then the Roadster, nothing too different than what he has said over the last several weeks. But he does an excellent job in selling and getting people very excited for the new products. Case in point, when it comes to Cybertruck, by the time it actually debuted, so many people have been talking about it. It felt like forever.