First Tesla Semi rolls off high volume production line
FILE PHOTO: Visitors queue to enter the Tesla Semi truck, a fully electric semi-trailer truck, at the booth of the U.S. carmaker at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo
April 29 (Reuters) - Tesla said on Wednesday its first Semi truck has begun rolling off a high-volume production line as the electric vehicle maker remains on track to launch large-scale manufacturing of several new products in 2026.
Here are the details:
• "First Semi off high volume line," Tesla said in a post on social media platform X.
• The Tesla Semi is an all-electric truck designed for long-haul freight. Its long-range model can travel up to about 500 miles on a single charge, according to its website, with deliveries expected to begin this year.
• Tesla aimed to start mass production in 2026, with the Cybercab to be produced in Texas and Semi in Nevada, Reuters previously reported.
• Tesla, which first unveiled the Semi in 2017, reiterated during its latest earnings call that volume production of its Cybercab robotaxi and Megapack 3 battery system is also scheduled to begin in 2026.
• In January, Tesla said it has planned to more than double capital spending this year to more than $20 billion, with investments focused on factories for semi-trucks, Cybercab autonomous vehicles, Optimus humanoid robots, battery and lithium production.
(Reporting by Preetika Parashuraman in Bengaluru; Editing by Sumana Nandy)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX: New Street Research sees 22% upside from proposed IPO price
- Sharon AI surges premarket; New Oriental gains, Medline slips
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
Tesla, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share