Michael Leiters criticizes Tesla Roadster
The gist
Porsche CEO Michael Leiters called Tesla's flying Roadster demo a gimmick and said Porsche avoids "effects and shows."
The two unveiled rival concepts the same day, contrasting how they sell cars.
How it unfolded
- Oct 15, 2026Tesla and Porsche each unveiled vehicle concepts on the same day: Tesla's Roadster demo used compressed-air thrusters to launch off a ramp, flip midair and land on its wheels, while Porsche showed the Mission S concept.
- Nov 11, 2026Porsche CEO Michael Leiters, speaking at a conference in Berlin, criticized Tesla's flying Roadster demo as a gimmick and said Porsche wants to "completely steer clear from any kind of effects and shows."
- Nov 11, 2026Tesla shares traded at USD 392.17 on Pluang as of 23:41 WIB, up 3.26% in one day, with a market cap of $1.50 trillion.
Key terms
- compressed-air thrusters
- A rocket engine that produces thrust by releasing pressurized gas without combustion, simple and cheap but low in efficiency.
- mid-engine
- An automotive layout placing the engine between the front and rear axles rather than over an axle.
- market cap
- The total market value of a publicly traded company's outstanding shares owned by stockholders.
Source: Wikipedia