Tesla's stock price increases significantly following the company's announcement of new information and delivery updates for its semitruck program.

Reported 7 months ago

Tesla's stock saw a 4.5% increase after the company provided updates on its electric semitruck program, confirming that the Tesla Semi is on track for production-spec deliveries to customers by 2026. The company revealed details on range, payload capacity, and plans to ramp production to 50,000 units a year. Currently in pilot testing with PepsiCo’s FritoLay division, the Tesla Semi is performing well in real-world tests, including long-range runs of 250 and 520 miles with a maximum cargo weight of 82,000 lbs. The company is also focusing on other projects like the robotaxi program and the low-cost Model 2 car while undergoing cuts in its Supercharger unit.

Source: YAHOO

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