Elon Musk Introduces First Tesla Truck, Know What's The Price

Elon Musk, the CEO of Tesla Inc., delivered the company's first heavy-duty Semi on Thursday to PepsiCo without providing any new estimates for the truck's cost.
Elon Musk Introduces First Tesla Truck, Know What's The Price
Elon Musk Introduces First Tesla Truck, Know What's The Price.

Elon Musk, the CEO of Tesla Inc., delivered the company's first heavy-duty Semi on Thursday to PepsiCo without providing any new estimates for the truck's cost, its planned manufacturing, or the volume of cargo it can transport. 

The battery-powered, long-haul truck will lower highway emissions, exceed current diesel models on power and safety, and spin-off a fast-charging technology Tesla would employ in its future Cybertruck pickup, according to Musk, who spoke on stage at a Tesla event in Nevada.

The company did not disclose pricing for the Semi at Musk's first Tesla unveiling following his acquisition of Twitter, which some investors fear has turned into a distraction. It also did not provide information on the truck's variants that it had initially anticipated, nor did it provide a forecast for deliveries to PepsiCo or other clients. Tesla announced that it would start employing the Semi to transport parts to its Fremont, California, plant.

Tesla plans to make 50,000 of the vehicles by 2024

Tesla had previously stated that the Semi's 300-mile range version would cost $150,000, and the 500-mile version would cost $180,000, but costs for Tesla's passenger electric vehicles have subsequently shot up significantly. 

Tesla's chair, Robyn Denholm, reportedly stated that the manufacturer may construct 100 Semis this year. According to Musk, Tesla plans to make 50,000 of the vehicles by 2024. 

PepsiCo had purchased 100 trucks in 2017, and they have finished their first cargo run with the Tesla vehicle to distribute snacks to attendees of the Nevada launch ceremony.

The Cybertruck is expected to begin manufacturing in 2023

According to Musk, an upgraded version of Tesla's Supercharger that will be made available to the Cybertruck features liquid-cooling technology in the charging cable and can charge the Semi at a rate of 1 megawatt. In 2023, the Cybertruck is expected to begin manufacturing. 

Only 1% of vehicles sold in the US are trucks, but Tesla claims that they account for 20% of all vehicle emissions.

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