Tesla plans next-generation Roadster reveal after almost a decade of delays

Tesla is planning to show off its long-delayed next-generation Roadster on Thursday, almost a decade after Elon Musk's company started taking deposits for the electric sports car. The event will be livestreamed from a SpaceX test site in McGregor, Texas, near Waco. It's expected to begin at 7:55 local time (8:55 ET). Tesla's original Roadster, designed and engineered by a team led by founding CEO Martin Eberhard, used a Lotus Elise chassis and was first delivered in 2008, selling for roughly $100,000 in small volumes until 2012. The next-generation Roadster is expected to be a high-end, low-volume model that relies on SpaceX technology, such as cold gas thrusters, to enable it to hover.