Tesla is planning a major update for its Roadster sports car.

A successor to Tesla's Roadster will launch sometime in 2017, a new report finds. The Roadster, which was Tesla's first model, went out of production earlier this year.

According to Auto Express, Tesla will launch an all-new version of its Roadster sports car sometime in 2017. Auto Express says the next-generation of the Roadster will be even more focused on all-out performance, which lines up with recent comments made by Tesla founder Elon Musk.

In an interview earlier this year, Musk revealed that the company is eventually planning to launch an all-out supercar. Likely one in the same with the next-generation Roadster, Tesla's supercar will take on marques like Ferrari and Lamborghini.

Given those aspirations, look for the next-gen Roadster to boast even more outrageous performance figures, with the sprint from 0-60 expected to take less than 3.9 seconds.

Although the Roadster nameplate has just about become a household name in the performance world, Tesla could opt for a new name for the updated model. In order to keep with its latest naming system, the 2017 Roadster could be called the Model R.