Tesla (TSLA) Unveils Highly-Anticipated Semi Truck

November 17, 2017 6:16 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Tesla (NASDAQ: TSLA) unveiled its high-anticipated Semi truck with a range of 500 miles Thursday evening.

While Tesla did not disclose the cost of the new Semi, CEO Elon Musk said the total operating costs would be lower than that of a diesel-powered truck.

Musk said jackknifing would be a thing of the past and said the truck would go 0-60 in 5 seconds versus 15 second for diesel trucks.

The company would also have "megachargers" worldwide that would recharge the trucks to a 400-mile range in 30 minutes. These megachargers would be solar-powered.

The truck is scheduled for production in 2019.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Hot Corp. News

Related Entities