During the 'X Takeover' event held in California, Tesla executives have assured that the eagerly awaited Roadster project remains in active development, with a demonstration anticipated by the close of 2025. The project, which has faced several delays attributed to the global pandemic, has seen the company prioritize more affordable endeavors. The Roadster, a collaboration with SpaceX, promises hover capabilities and an astonishing acceleration from 0 to 60 mph in just 1.1 seconds. A select group of consumers have already secured eligibility to purchase through referral programs or by placing a $50,000 deposit to await delivery.