New Delhi, Oct. 16 -- Shares of Tesla popped 4% in Friday's pre-market trade to $375 apiece after the electric vehicle maker unveiled a redesigned Roadster powered by rocket-style thrusters developed in collaboration with SpaceX, whose shares climbed 1%.

Tesla CEO Elon Musk unveiled what he described as a "flying" car, equipped with thrusters, during a livestreamed event at his SpaceX rocket company's facility on Thursday. Musk revealed his new Roadster sports car during a launch event at a SpaceX test facility in Texas.

During the demo, which was livestreamed on Tesla's X account, the car launched from a steep steel ramp and performed a full barrel roll in mid-air before landing on its wheels.

"Flying cars are real," Musk said during ...