Tesla stock rises after unveiling of semi truck, roadster [MSN Money]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: MSN Money
Tesla shares were up more than 2% Friday after the company announced its new semi truck and surprised investors with a new Roadster car. Popular Searches At the company's design studio in Hawthorne, California, on Thursday evening, Tesla announced the details of its new all-electric semi truck. The semi, which is set to start production in 2019, is accepting pre-orders for $5,000 apiece. The truck has a range of 500 miles and can recharge to a range of 400 miles in just 30 minutes with the company's new Megacharger. The truck's four electric motors, one for each of the rear wheels, can accelerate the car to 60 miles per hour in just five seconds with a trailer attached. Regenerative breaking means brake pads never have to be replaced, according to the company. At the event, CEO Elon Musk surprised investors and journalists by also revealing a new version of the company's Roadster. The new model is set to begin production in 2020 and will cost
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