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Market Chatter: Tesla Nearing Reveal of 'Flying' Roadster

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Tesla (TSLA) is planning to reveal its new Roadster as soon as this month at an event that will feature a "flying" stunt, The Information reported Friday, citing three people familiar with the matter.

A limited edition of the Roadster that uses SpaceX (SPCX) cold gas thrusters will demonstrate its flying capabilities at the event, which is expected to take place at SpaceX's testing site in McGregor, Texas, the report said, citing the people.

Tesla didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $350.86, Change: $+10.90, Percent Change: +3.20%

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