Tesla announced a new version of its full self-driving supervised technology Tuesday morning, but investors are looking for something bigger.
Over the weekend, Elon Musk's company shared a teaser clip featuring a logo-emblazoned, spinning component that could be anything from a wheel cover to a fan or turbine. The clip ended with the numbers "10/7," indicating Tuesday's date for the reveal.
Tesla posted a second clip to X on Sunday showing the outline of a vehicle's headlights in the dark.
Shares climbed 5% Monday as the buzz grew online over what the announcement would be.
The big reveal could be the long-awaited lower-cost model, or the next-generation Roadster that Musk has promised for years.
Or something else.
The company hasn't released a new model vehicle for sale since it began shipping the Cybertruck, its angular unpainted steel pickup, in late 2023.
Musk originally promoted the Cybertruck at an "unveiling" event in 2019, where his demo went awry and he shattered a window. The Cybertuck never achieved the level of popularity of Tesla's Model 3 sedan or Model Y SUVs and has been the subject of at least eight voluntary recalls in the U.S.