Tesla unveiled its redesigned second-generation Roadster at a livestreamed event at a SpaceX test site near Waco, Texas, on Thursday night, October 15. The car used a suction system to drive up an inverted ramp and cold-gas thrusters to rotate in midair and land. It then lifted itself over a Cybercab, Cybertruck, Tesla Semi, Model Y and Model 3. Tesla said production will begin in 2028.

“Turns out the future does have flying cars,” Musk said at the event. He also said the car shown is the production version, and that it will do these maneuvers whenever the owner wants.

Three trims, from road-ready to air-ready

Tesla is selling the car in three trims. Performance is “road ready”, seats two and has active aerodynamics and a suction system. Thrust is “race ready” and adds rear cold-gas thrusters for sub-one-second 0-60 mph runs. Rocket is “air ready”, seats one and carries 10 thrusters around the body. All three trims are listed at more than 300 miles of range and speeds above 230 mph.

Reservations start at $50,000, but there is no price

Executives did not give a target price. Tesla’s reservation page lists a $50,000 deposit for Performance and $250,000 for Thrust, while Rocket is invite-only. For Performance, buyers pay $5,000 up front and the remaining $45,000 within 10 days. Street legality and the final price are still unconfirmed. Musk has said earlier this year that anyone for whom safety is the top priority should not buy this car.

Nine years on, the 2017 promise has shrunk

Tesla first showed a Roadster in November 2017, when Musk promised a four-seat car with 620 miles of range and a $200,000 base price. The 2028 date follows production targets of 2020, 2021, 2023 and 2024 that Musk missed. The new car’s Performance and Thrust trims seat two and the Rocket seats one, and range is listed at just over 300 miles, about half the 2017 claim.