Tesla (TSLA) shares fell more than 5% on Friday.
The company postponed the public demonstration for its next-generation Roadster until August or later. This delay marks another setback for a vehicle originally unveiled in 2017. The car initially carried a 2020 production target.
The stock is now pacing for its worst weekly loss since June 2025. CEO Elon Musk previously suggested an unveiling in April, May, or June 2026.
A broader downturn in the technology sector also pressured the stock price.