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Bhavish Aggarwal announced various Gen 3 “innovations” at Roadster’s launch event. Far from innovations, these changes could put the Roadster, and its buyers, at substantial risk.

Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
The company’s two-wheeler sales are evaporating. But its founder is reframing it as a necessary step to achieve profitability. All while trying to pivot towards becoming a company that sells lithium-ion cells instead of automobiles.
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.