Tesla Inc (NASDAQ:TSLA) has announced a timeline for the production of its electric semi-truck, with the first vehicles expected to roll out from a new factory by 2026.
What Happened: During the company’s first-quarter earnings call on Tuesday, Lars Moravy, Vice President of Vehicle Engineering, revealed the plans for the Tesla Semi.
Moravy stated that the engineering for the semi-truck is being finalized to enable high-volume production, drawing from the company’s fleet and pilot fleet experiences, including those with PepsiCo (NASDAQ:PEP). The construction of a factory in Reno has already commenced.
Moravy said that the first “external customers” are expected in 2026.
The Tesla Semi is a fully electric semi-truck with advanced safety features, a long range, and a spacious interior designed for maximum visibility.
Why It Matters: The Tesla Semi has been making significant strides in recent times. ...