Tesla's (TSLA) Production Capacity in 2021 Could be Limited as it is 'Too Cell-Constrained Right Now' Says Elon Musk

March 29, 2021 7:10 AM EDT

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Elon Musk, the CEO of Tesla (NASDAQ: TSLA), said on Twitter his EV company is “too cell-constrained right now” when asked about the company’s Semi program, which develops the automaker’s electric semi-trucks.

Musk added that TSLA should be fine next year, but investors are likely to be concerned with Musk’s latest comments.

A few days ago, PepsiCo (NYSE: PEP) said it expects to receive 15 Semi trucks by the end of 2021. It comes after TSLA presented recently a video of a pre-production Semi racing around a track with the caption - "Semi on the track."

A few days ago, Musk tweeted that he believes “there is a >0% chance Tesla could be the biggest company” and added, “probably within a few months” in replies to followers.

Despite Musk’s weekend comments, TSLA stock is nearly unchanged in pre-open Monday.

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